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Bali Forecasting 3.8 Million international Arrivals

Category: Tourism, Posted:27 Oct 2014 | 06:00 am

The tug a war between Phuket and Bali for international resort travelers could see the Island of the Gods nudge Thailand's leading resort destination in 2014.
According to data on BaliDiscovery.com mid-year foreign arrivals topped 2 million, and are expected to achieve over 3.8 million for the full year by the end of December.
One key take away from the Bali performance is that at mid-year regional visitors accounted for close to 90% of the market. To qualify this, it means the domestic segment plus Asia Pacific. Without a doubt the East is the new West.
Given the knock on effect on this year's Thai political issues and curfew, Phuket's numbers from May onwards year-on-year have seen negative growth.
Expectations remain strong that a fourth quarter surge will see the variance shored up, but from our discussions with hoteliers this year's high season is rebounding but majority of this is focused on peak demand periods.
Question marks remain over the impact the lack of beach facilities will have on the Euro-centric legacy snowbird market, and also the impact of a fast depreciating Russian Rouble.
Currency volatility and geopolitics issues could be tourism game changers for the foreseeable future.

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New Lombok Hotel and Branded Residences 2025 Report Released

Category: Hotels|Real estate|Tourism, Posted:08 May 2025 | 14:33 pm Over the past two decades, Lombok’s real estate landscape has undergone significant change, driven by the growth of its tourism and hospitality sectors. In the newly released Lombok Hotel and Brand Residences Report 2025 from C9 Hotelworks and Horwath HTL , we dive into the revelation of Lombok’s hospitality-managed real estate market.  The island’s real […]
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C9 Hotelworks Releases Phuket Property Update Report

Category: Real estate, Posted:07 May 2025 | 10:04 am Phuket’s residential property market in the first four months of 2025 reflects a shift toward product differentiation, rising development costs, and lifestyle-driven demand. C9 Hotelworks newly released Phuket Property Market Update May 2025 indicates condominiums continue to dominate overall supply, as branded residences and landed properties are gaining traction. As of Q1 2025, there are […]
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Outrigger Acquires Luxury Beachfront Resort In Thailand

Category: Hotels, Posted:01 May 2025 | 08:01 am Outrigger Hospitality Group has acquired Zeavola Resort on Koh Phi Phi island. The beachfront property with 63 suites and villas is accessed from Phuket and is near the famed Maya Bay. Plans call for a renovation and reopening by October of this year, with the branding of the property being Outrigger Phi Phi Island Resort. […]
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