Find our most recent stories tagged by their locations. Click here for more story locations.
Posted: 29 Apr 2009 | 10:38 am
The Global Section of the New York Times has published a harsh assessment of the state of play for property and hotel developments in Phuket. The article titled "Turmoil Stalls Vacation Home Boom" published on the 28th of April has referenced Shangri La, The Yamu, Four Seasons, Raimon Land's Amalfi, Lersuang and Jumeirah Private Island as either troubled or delayed projects. Even Gulu Lalvani who was quoted in the piece was decidedly downbeat on the current market.
While objectively the market is currently challenging the amount of construction activity and limited amount of developer defaults have proven the Phuket is still out trading most overseas markets. Additionally the lack of developers taking on significant leveraging which could incur defaults and possible bank repossession is not widely in effect so with flat demand the prospects of market recovery remain fundamentally solid.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
CENTEL 37.75 + 0.50 %
DTC 58.00 - 1.75 %
ERW 5.15 - 0.15 %
GRAND 1.58 - 0.02 %
LRH 42.00 - 1.50 %
MANRIN 27.25 - 0.75 %
MINT 27.00 0.00 %
ROH 24.00 + 1.00 %
SHANG 64.00 - 2.00 %
Library of published hospitality, tourism and property market intelligence.
Hotel Branded Residences in Asia by C9 Hotelworks
PHUKET GAZETTEHow Same-Same Drove me Insane
PROPERTY REPORT SOUTH EAST ASIAWaiting for the Big Sleep