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Pandemic economic impact hits Phuket hotels

PHUKET: 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 ove

Pandemic economic impact hits Phuket s hotel pipeline

Pandemic economic impact hits Phuket s hotel pipeline
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Pandemic economic impact hits Phuket hotels as 73% of new projects put on hold

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.

Pandemic economic impact hits Phuket hotels with 73% of new projects on hold

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 | Pandemic economic impact hits Phuket hotels with 73% of new projects on hold

Where s the Phuket Sandbox heading?

Where s the Phuket Sandbox heading?
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