Phuket tourism is no longer just about the beach and the urban push is game on, one leading example is Cherngtalay which is near to the destination resort Laguna Phuket and Bangtao Beach.
Upcoming in the fourth quarter of this year will be the X2 Vibe Bangtao that is set to usher in a rush of new ‘off beach’ properties.
Within the same catchment area of Cherngtalay, C9 Hotelworks is tracking three new branded properties in the planning stage.
Moving away from the beach and onto lagoons is a trend, and Laguna Phuket are in early stages of a new branded hotel and residential offering in one of their peripheral land holding areas.
Expect news of another international chain coming in shortly.
Moving further inland to the town itself, land prices are now escalating on main highway properties from ten to fifteen million a rai.
While speculation over a mixed-use tourism attraction, retail and hotel project is pushing prices further.
Talking to local property developers the area is seeing strong demand from Russian and Chinese real estate buyers for midscale offerings.
For now, the island urban trend is changing its hotel and property sectors in a significant way.
Bill Barnett, Managing Director, C9 Hotelworks
Tel: +66 (0)8 1956 1802 / firstname.lastname@example.org
About C9 Hotelworks
C9 Hotelworks is led by founder and Managing Director Bill Barnett, who brings over 30 years' experience in the Asian hospitality and real estate sectors. Prior to founding C9 in 2003, Bill held senior executive roles in hotel operations, development and asset management. He is considered to be a leading global authority on hotel residences, and has sat at almost every seat around the hospitality and real estate table. Bill promotes industry insight through regular conference presentations at key events and contributes to numerous industry publications. www.c9hotelworks.com