Market Research
In 2018 Thailand hosted more tourists than ever
Thailand records 7.5% growth in visitor arrivals 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…
Read MoreBangkok Land Prices: 1,000% increase over 30 years
Bangkok land prices in Central Business District (CBD) have increased by 1,000% over 30 years and continue to rise. Bangkok land prices rose dramatically during the Asian Tiger boom years from 1988-1996 before the market came to a grinding halt in the 1997 financial crisis. Price growth resumed in the early 2000s and there has…
Read MoreBangkok has made a new record of international arrivals again, so what’s next?
Bangkok has made a new record of international arrivals again, so what’s next? 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…
Read More