Latest Breaking News On - Hotelworks phuket hotel market - Page 1 : comparemela.com

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 in 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 wake of a volatile marketplace and unclear future outlook.

Australia
Philippines
India
Thailand
Phuket
China
Vietnam
Republic-of
Indonesia
Russia
Ukraine
Thai