SEMI-ANNUAL HIGHLIGHTS

‒   International tourist arrivals to Thailand in H2 2021 increased by 3,480% Y-o-Y from 10,822 tourists in H2 2020 to 387,442 arrivals.

‒   According to STR, the occupancy rate was improved to 16.8%, increasing 8.2 percentage points Y-o-Y from 8.5% in H2 2020.

‒   Average Daily Rate (ADR) was recorded at THB 2,970, indicating a 17.9% increase Y-o-Y.

‒   RevPAR was recorded at THB 558, indicating a 161.2% increase Y-o-Y in accordance with the improvements in occupancy and ADR.

‒   There were nine new hotel openings adding a total of 1,180 keys to the existing supply.

‒   The total supply of Phuket hotels were revised this quarter to 42,893 keys from 249 hotels in H1 2021.

‒   By 2024, Phuket’s total hotel supply will increase by 7.3% from 15 under-construction hotel projects with a total of 3,120 keys.