Phuket Hotel Figures H2 2022

SEMI-ANNUAL HIGHLIGHTS

‒  International tourist arrivals to Thailand in H2 2022 increased by 2241.8% Y-o-Y from 387,442 tourists in H2 2021 to 9,073,076 arrivals.

‒  Phuket KPI’s , according to STR showed:

• Occupancy improved to 51.1%, increasing 34.3 percentage points Y-o-Y from 16.8% in H2 2021.
• Average Daily Rate (ADR) was recorded at THB 4,233, indicating a 42.5% increase Y-o-Y.
• RevPAR was recorded at THB 2,280, a 308.6% increase Y-o-Y in accordance with the improvements in both occupancy and ADR.

‒  There were five new hotel openings adding a total of 769 keys to existing supply.

‒  The total supply of Phuket hotels increased to 43,856 keys from 256 hotels as of H2 2022.

‒  By 2025, Phuket’s total hotel supply is forecast to increase by 4.0% from 8 under-construction hotel projects with a total of 1,735 keys.