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Phuket Hotel MarketView Q1 2011

By on Jun 23, 2011 in Research

This was a new record for quarterly arrivals. According to the Airports of Thailand Public Company Limited (AOT), international disembarkations at PhuketInternational Airport were 649,335, an increased of 26% Y-o-Y.

The Average Daily Rate (ADR) of upscale hotels decreased by 1.9% Y-o-Y. Luxury hotels saw a small decline in ADR of 4.7% Y-o-Y. First-class and mid-range hotels saw ADR increase by 1.6% Y-o-Y and 2.4% Y-o-Y, respectively.

The total supply of hotel rooms in Phuketincreased by 47 keys, to 12,096 keys at 76 hotels, in the first quarter of 2011 (0.4% Q-o-Q and 10.1% Y-o-Y). The additional supply was due to the opening of the TinideeHotel @ Phuket(Mid-range) that is located within the Loch Palm Golf Course.

This is an extract from Phuket Hotel MarketView Q1 2011, please click here for the whole article.

Toby has been living in Bangkok for a number of years and has a strong research background. With his years in Thailand Toby brings a wide range of property knowledge to his research writing

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