Rising Land Prices in Phuket: Right time for? Phuket, Thailand's premier tourist destination, has witnessed a significant increase in land prices over the past two decades. According to data from the Agency for Real Estate Affairs (AREA), land prices in Phuket have risen by an average of 7.47% annually or approximately 10.7% per year between 2004 and...
Phuket’s hotel industry is experiencing a strong resurgence this high season, with occupancy rates climbing and room prices reaching new highs. Over the past year, the demand for accommodations has steadily increased, leading to a notable rise in nightly rates across various hotel categories. Many four-star hotels, which previously charged lower prices during the off-season, have seen their rates surge,...
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