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PATA Forecasts 10% Visitor Decline

Category: Tourism, Posted:22 Jul 2009 | 09:49 am

Leading industry organization Pacific Area Travel Association (PATA) is forecasting a 10% decline in visitors for the year 2009. Aside from the existing factors such as reduced long haul airlift, a continued global recession and rising unemployment additional concerns on the H1N1 virus has caused a further downgrade for the prospects of recovery this year.
Tourism Authority of Thailand (TAT) has downgraded its projection for tourism down to 13.2 million though most industry insiders are benchmarking the years figure close to 12 million. While the recent events in Jakarta may see a redirect of some traffic into Thailand as Australia has already issues some travel advisories the Bali market summer season is well underway and it's doubtful to see a larger scale impact for the moment.

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C9 Hotelworks Releases ‘The Phuket Luxury Report’

Category: Hotels|Real estate|Tourism, Posted:01 Nov 2024 | 08:27 am C9 Hotelworks newly released ‘The Phuket Luxury Report‘ explores the rising prominence of Phuket as the leading luxury destination in Southeast Asia. What is driving demand for Phuket’s luxury real estate? The island’s combination of natural beauty, high-end amenities, and competitive pricing draws affluent investors and tourists worldwide. Compared to destinations like Miami, Dubai, and […]
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C9 Sessions Are Back This Thursday, The Phuket Luxury Report

Category: Hotels|Real estate|Tourism, Posted:27 Oct 2024 | 10:38 am The C9 Sessions are back in Phuket this Thursday 31st October 2024.   We have an awesome 90-minute program on luxury real estate, Michelin restaurants, international schools, hospitals and more. Phuket has changed dramatically over the last few years as it has morphed from a tourist haven to a residential destination. The more recent transformation is […]
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C9 Hotelworks New Thailand Branded Residences Report Released

Category: Hotels|Real estate, Posted:21 Sep 2024 | 09:19 am In 2020, Aman Nai Lert Bangkok established a new standard for ultra-luxury branded residences positioning itself as the best-in-market product at the time. Today, the Porsche Design Tower Bangkok, developed in partnership with Ananda Development, has pushed those boundaries further, surpassing THB1 million (just over USD33,000) per square meter. This landmark project not only raises […]
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