A sharp upswing in visitor arrivals to the
resort island of Koh Samui translated into a US$25.5 million
increase in hotel room revenue in the first six months of this
year compared to H1 2009, according to research by consulting firm
C9 Hotelworks' Samui 2010 Hotel Market Update.
C9 Hotelworks' Managing Director, Bill Barnett,
said rates and occupancies grew through a marked increase in
visitors. "The first half of 2010 suggests that a sustainable
recovery for Samui tourism has begun despite the Bangkok political
events in the final months of the period," Mr Barnett added.
C9's research showed a recovery in international
visitors was fuelled by international flight capacity rising 67%
from 2009. Tourist arrivals increased 8% during the same period
since 2008. Wholesale gains made from 2009 were due in part to
weak demand in the early part that year.
RevPAR soared 24% over the same period last
year, driven by a moderate occupancy increment of 5% and a
substantial increase in room rates of 13%.
"Growth from regional markets signaled potential
change in the island's tourism profile with a strong Thai Baht
coupled with weak British Pound and Euro slowing the rebound for
the traditionally strong long-haul visitor sector," Mr Barnett
added.
Looking to the future, Mr Barnett said, "Clearly
luxury loves company as the tier is set see room inventory grow
109% in second half of the year, adding 205 rooms to supply.
"Globally recognised brands such as W and Conrad
along with recent entries such as Banyan Tree are poised to drive
new interest in the destination."
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