The Ministry of Tourism and Sports announced the tourism figures for January-November 2018. Thailand received 34,431,489 international visitors, up by 7.53% over the same period of last year, generating an estimated 1.8 billion Baht in tourism revenue, up by 9.79%.

The highlight of the results was the fact that seven countries (China, Malaysia, South Korea, Lao PDR., Japan, India, and Russia) have already generated more than one million visitor arrivals, and three more countries (USA, Vietnam and Singapore) were set to follow suit when the full year 2018 results were tabulated.

Commenting on the performance, TAT Governor Yuthasak Supasorn said, “We are overjoyed to have this result in the last quarter of 2018. The 35 million visitor target is now set to be met. It is a tribute to the cooperation and creativity of the entire Thai travel and tourism industry to ensure that it remains our primary sector for job creation, distribution of income nationwide, and contribution to cultural, heritage and environmental preservation.

Summary of the key results in January-November 2018:

Overview: All regions grew well except the Middle East and Oceania. Visitors from East Asia totalled 23.62 million (+9.21%), Europe 5.91 million (+4.03%), the Americas 1.41 million (+3.70%), South Asia 1.77 million (+11.32%), Oceania 838,713 (-1.40%), the Middle East 683,420 (-6.24%), and Africa 174,565 (+9.63%).

East Asia: East Asian visitor arrivals comprised the biggest market share of all visitors. A total of 23.62 million or 68% were from East Asian countries. Apart from China (9.69 million), the other top sources of arrivals were Malaysia (3.56 million), South Korea (1.62 million), Lao PDR. (1.59 million) and Japan (1.50 million).

The ASEAN countries in total generated over 9.17 million arrivals, with growth by Malaysia (+15.52%), the Philippines (+12.63%), Indonesia (+11.52%), Vietnam (+10.18%), Cambodia (+4.59%), Lao PDR. (+4.48%), Singapore (+3.73%), and Myanmar (+0.68%). Only Brunei showed a decline (-3.89%).

Hospitality Investment Option in Phuket – Effortless Income

Europe: European visitors were up 4.03% to 5.91 million. Russia retained its status as the largest source market from Europe with arrivals of 1.26 million, up 10.33%. The United Kingdom was the second highest source market with a total of 877,502, followed by Germany 789,150, up 4.46%, and France 677,579, up 1.46%.

Visitor markets also grew from East Europe (+9.22%), Austria (+12.08%), the Netherlands (+6.41%), Italy (+6.17%), Denmark (+4.25%), Finland (+2.22%), Belgium (+1.84%), and Spain (+1.32%).

The Americas: Arrivals from the Americas grew by 3.70% to 1.41 million. The main market, the USA, increased by 6.37% to 993,631. Arrivals from Canada were up 7.18% to 245,227.

South Asia: Arrivals from South Asia grew by a strong 11.32% to 1.77 million. India topped the list with arrivals up by 12.03% to 1.42 million. Other countries also showed good growth; such as, Nepal (+27.63%), Bangladesh (+8.21%), Sri Lanka (+2.81%), and Pakistan (+2.70%).

Boutique Hotel For Sale in Asoke, Bangkok

Oceania: Arrivals from Oceania declined by 1.40% to 838,713 visitors. Australian visitors declined by 1.61% to 728,720. Arrivals from New Zealand declined by 0.23% to 106,378.

Middle East: Arrivals from the UAE declined by 7.16% to 117,162. Arrivals from Saudi Arabia declined by 18.99% to 26,075. However, some markets like Kuwait (+2.74%) reported good results.

Africa: Arrivals from Africa grew by 9.63% to 174,565, mainly due to arrivals from South Africa (86,509).

Data: TAT

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Following a robust year in 2016, the growth momentum continued in 2017, and is fully expected to continue on into 2018. The city’s upbeat performance is a fruition of hoteliers’ hard work and a little bit of luck when China shut the door to South Korea and Mount Agung in Bali did Thailand a big favour. The Bangkok hotel market enjoyed booming demand across the board with gravitation toward intraregional travels.

2018 outlook remains bright and positive but what lies ahead? One must ask oneself, “Are we reaching the peak after a long uphill battle or this is simply a moment before a
flight takes off?”

In all fairness, it is the million dollar question. Despite big numbers of visitation statistics, we must not forget that the two Bangkok airports, the city’s heart and soul feeding tourists to all hotel submarkets, are operating beyond capacity. Until bottlenecks are unlocked, we will likely see smaller waves of single-digit growth for consecutive years.

Mass tourism could lose its way to repeat success stories as owners and developers, local and international, are jumping on the bandwagon and supply is playing catchup.  Identifying a niche spot and crafting an irreplicable product would prove to be a strenuous task but eventually rewarding with a competitive advantage from high
barriers to entry.

There are plenty of beautiful properties built without knowing customer profile and they are ready to undercut one another for survival. When the going gets tough, the
tough get going.

So, infrastructure is a first and foremost step to success. This is attested by developed metropolises like Singapore, Tokyo and Hong Kong commanding big bucks of tourism spending. New demand generators are being developed as we see more (mega) mixed use complexes sprawling throughout Bangkok.

Premium Beachfront land for large hospitality or residential development

The goal is to capitalize on a new genre of discerning and experiential travellers who pay for what they value rather than a good value for money. If things go as planned in an orderly and coherent fashion, everyone’s hope of witnessing Bangkok benchmarked with other big names will not be just a dream.

It is great to think long term, but regardless the city’s destiny may be decided at the upcoming election, scheduled in early 2019. Another domestic quarrel with bad press could send the hotel market back to where it had been not long before. Then, hoteliers can only wink and wait patiently for the blue sky after a big storm as tourists start to play a merry-go-round again.

Bangkok Visitor Arrivals

Bangkok has gained significant popularity in the travel and tourism industry. MasterCard ranked Bangkok as the top destination city by international visitor arrivals in its Global Destination Cities Index, and Euromonitor International ranked Bangkok fourth in its Top City Destinations Ranking.

The city offers a wide range of tourism products from exquisite temples and palaces in the old quarter to modern recreational amenities including culinary adventure, night life, shopping and spa. MICE (Meeting, Incentive, Convention and Exhibition) and medical tourism in Bangkok are also enjoying international presence.

The city is a commercial and transport hub of Thailand and the Indochina region where long-haul business and leisure travellers fly into and/or use as a base to catch domestic or regional carriers to other destinations. Thailand has been the largest feeder market for Myanmar, Laos and Cambodia as local airlines in these countries are at an inaugural stage. In return, Bangkok captures their growing outbound travel demand.

Bangkok is also a connecting hub for travellers from China and Australia to South Asia, particularly India and Pakistan. Providing direct connectivity with these major countries creates immense travel opportunities. Furthermore, Bangkok is one of a few cities outside
South Asia that operates direct scheduled flights to Bhutan, an upmarket vacation destination with a minimum daily spending requirement.

Credit to Nikhom Jensiriratanakorn, Director, Horwath HTL

The post Bangkok has made a new record of international arrivals again, so what’s next? appeared first on Hospitality Property Thailand.

HOTELS FOR SALE in THAILAND
OFF-MARKET HOTELS 

Eternal Property company has updated commercial listing of off-market hotels for sale in Thailand. Specifically we listed in this website hotels for sale in Bangkok and Phuket.

For hotels in other destinations in Thailand, please send us email with specific request.

Please read NOTES below before submitting inquiries!

Off-Market Hotels For Sale in BANGKOK

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Off-Market Hotels For Sale In PHUKET

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Hotels For Sale In Phuket

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Thailand Tourism & Hotels - OUTLOOK

Read report

Bangkok Luxury Hotels - OUTLOOK

Read report

Thailand Hotels - PERFORMANCE

Read report

NOTES:

• Most of hotels in our listings are off-market and aim for serious buyers only with proven financial ability.
• We are required by hotel owners to pre-qualify potential buyers (inlcuding thier business profile, personal data and financial ability) before revealing hotel names and entering any negotiation.
• We charge commission from Buyer for brokerage of off-market hotels.

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Hotels For Sale Thailand / Phuket

OFF-MARKET HOTELS FOR SALE

In Phuket, Thailand

Due to confidentiality reasons, hotel names will be revealed to serious inquiries with proven financial abilities only.

Photos used, do not necesserely represent specific hotels

Phuket Hospitality Investment Project

Highlights:

• number of 1-bedroom apartments: 48
• number of 2-bedroom apartments: 6
• size of 1-bedroom apartments: 35 sqm
• size of 2-bedroom apartments: 70 sqm
• rental split program: 70% to the owner – 30% to project management company
• Total profit after 15 years: ฿443,835,159
• Yield: 10% per year

Hotel ID# PH04
Featured Exclusive Listing

Rooms: 54 (keys)
Area: Phuket, Kamala Beach
Ownership Type: FREEHOLD

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4-star Resort & Spa

• this Andaman resort for sale near the Andaman Sea is well established and has been in operation for 10 years
• this hotel in Phuket is located 450 m from the beach
• this Phuket resort and hotel offers 4-star services
• a number of hotel rooms: more than 40
• total land area: almost 4 Rai
• total built area: 6,327 sqm

Hotel ID# PH28

- JUST LISTED -
Rooms: > 40 (keys)
Area: Phuket, Karon Beach
Land: appx. 4 Rai
Ownership Type: FREEHOLD

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5-star Phuket Resort for sale – Beachfront – Brand New

A 5-star Phuket resort for sale is available now

• this is a brand new resort - beachfront
• luxury residential project and hotel license
• site area: more than 2,500 sqm
• gross area: 10,309 sqm
• Project cost: 1,028,338,930 THB
• Project value: 2,000,000,000 THB
• Appraisal by the reputable company: 1,700,000,000 THB

Hotel ID# PH33

Rooms: 42(keys)
Area: Phuket
Land: >6 Rai
Ownership Type: FREEHOLD

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3-star Hotel in Patong

Modern and central this hotel, sets a cross from the famous Bangla walking street. Hotel located just just a minute walk from Junceylon Shopping Mall, the Chang club boxing stadium and just a stroll away from the infamous Bangla Walking Street.

45 minutes to Phuket international airport.

Hotel offers excellent choice of quality accommodation at great value.

Hotel ID# PH19

 NEW LISTING

Rooms: appx. 130 (keys)
Area: Phuket, Patong
Ownership Type: FREEHOLD

Contact Seller

5-star Hotel in Patong

Resort has almost 400 rooms. Located in Patong.

Includes a Waterpark and Conference Facilities.

Strategically located away from the noise of Patong, resort will be a fresh take on the “Patong Experience” in Phuket.

A haven away from it all, resort never loses touch with the pulse of Patong, but enhances it with the brand’s distinct style, verve and flavor.

Hotel ID# PH18

New Listing

Rooms: appx 400 (keys)
Area: Phuket, Patong 

3.5-star Hotel in Patong JUST SOLD

If what you're looking for is a conveniently located hotel in Phuket, look no further than this lifestyle hotel. From here, guests can enjoy easy access to all that the lively city has to offer. A well-kempt environment and its proximity to Dive Supply, Train Thai Boxing, Jungcelon Shopping Mall give to this hotel a special charm.

2 min from Jungcelon Shopping Mall and Bangla Walking street.

Maun clientele - German, Swiss and European customers. 50% returning customers.

Hotel ID# PH03

BEST deal for small hotels!

Rooms: 18 (keys)
Area: Phuket, Patong - Kathu

4* Beach Villa Resort

Villas' resort, located in Rawai, Phuket, is a popular choice for travelers. The hotel is not too far from the city center: just away, and it normally takes about 60 minutes to reach the airport. With its convenient location, the hotel offers easy access to the city's must-see destinations.

Deal includes 2.7 rai land, 8 villas, 1 big salathai and swimming pool. Annual revenue: 12-18M THB.

Hotel ID# PH05

Rooms: 8 (villas)
Area: Phuket, Rawai Beach, Fisherman Beach
Land: 1,080 sqw
Ownership type: FREEHOLD

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5-star Beachfront Resort & Spa

A luxury tropical haven just minutes from Phuket Town

Situated on the exclusive east coast of Phuket, this 5-star Resort & Spa offers a rejuvenating tropical haven overlooking the magnificent Siray Bay. The resort is just minutes away from Phuket Town, cultural attractions, local markets, restaurants, and shopping. reflecting local culture and design. Rooms include suites and pool villas. The hotel also has banquet facilities.

Hotel ID# PH06

Rooms: appx. 250 keys
Area: Phuket, Siray Beach
Land: appx. 15,000 sqw
Ownership Type: FREEHOLD

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5* Beachfront Suites

Superb absolute beachfront location - there is no road or traffic between hotel and the seashore. A private and peaceful haven is only minutes away from Phuket town’s shops and restaurants, conveniently located for exploring the whole Phang Nga Bay with easy day trips to James Bond Island, Kho Khai Island, Yao Island, and Phi Phi Island.

Hotel ID# PH07

Rooms: 40 villas
Area: Phuket, Sirey Beach
Ownership Type: FREEHOLD

Contact Seller

Villa with Hotel Option

Located on the southern tip of Cape Panwa, Phuket, Thailand. Stunning views of Chalong Bay and Phuket’s famous big Bhudda. All rooms in the property offer ocean views. No neighbors either side (land only has Rubber Plantation title). 100m to the beach (public access). The plot is 63M deep and pitched 15m upwards from front to back giving spectacular views.

Hotel ID# PH10

Rooms: 4 suites in 3 buildings
Land: 3,200 sqm
Area: Phuket, Panwa
Ownership Type: FREEHOLD

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5* Beachfront Resort & Spa

One of the most popular choices among travellers to Patong beach, this 5-star resort & spa hotel is located 200 m from the beach.

The hotel offers a wide range of amenities and perks to ensure visitors have a great time. Guestrooms are fitted with all the amenities you need for a good night's sleep. Hotel was recently renovated.

Hotel ID# PH12

Rooms: 350+
Land: 16,000+ sqw
Area: Phuket, Patong
Ownership Type: FREEHOLD

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4-star Resort & Spa at Patong

This property is 3 minutes walk from the beach. Just a 5-minute stroll from Patong Beach, hotel features 2 outdoor swimming pools, a fitness centre and 2 restaurants. Rooms come with a private balcony.

Hotel is only 10-minute walk from Jungceylon Shopping Centre and nightlife area Bangla Road. Phuket Town is a 25-minute drive away.

Hotel ID# PH13

SOLD

Rooms: appx. 300
Land: 3,600 sqw
Area: Phuket, Patong
Ownership Type: FREEHOLD

Contact Seller

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