Jump to content
-------- Click HERE for our latest quiz —-— Name that Movie 3

News Forum - Pandemic economic impact hits Phuket hotels as 73% of new projects put on hold

Thaiger

By Thaiger,
in Thaiger News

 Share

Recommended Posts

Thaiger Rising Star

Thaiger

Posted
Posted

Island’s transaction market heats up as owners face liquidity issues, while broad tourism sentiment wanes PHUKET, THAILAND: Thailand’s battered hotel sector is showing increased signs of fatigue as the global pandemic enters its third year. Nowhere is this more apparent than the resort island of Phuket, where over 73% per cent of new hotel developments either lay dormant or have been put on hold. According to data in the newly released Phuket Hotel Market Update 2022 from C9 Hotelworks hospitality consulting, the once robust island hotel pipeline has owners now suffering from ‘fear factor’ as they continue to reel in […]

The story Pandemic economic impact hits Phuket hotels as 73% of new projects put on hold as seen on Thaiger News.

Read the full story

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing
×
×
  • Create New...

Important Information

By posting on Thaiger Talk you agree to the Terms of Use

  I accept