Archive for the ‘Koh Samui’ Category

In anticipation of the huge influx of visitors in Koh Samui in Thailand one of the top hotels in the area will spend a huge amount of money to expand the property. The owners of The Library Hotel will spend Bt150 million to Bt200 million on extensions to double the hotel's accommodation providing at least 20 new ... Full story

The tourism and property sectors in Koh Samui is having some rough time today. According to the latest report, the number of tourists and foreign property buyers visiting Koh Samui has fallen so abruptly since last year that the island's property market, involving both residential and hospitality businesses, has reportedly shrunk by almost one half. Business operators on Koh ... Full story

A new retail mall has been recently constructed in Bang Pho, Thailand to serve residents in the area. TCC Land Development Co, a property unit of liquor tycoon Charoen Sirivadhanabhakdi, contructed the mall dubbed as 'The Market' on a 5,500 square metres of saleable space and store anchors of Carrefour, Chester’s Grill and Oishi Express. To build the ... Full story

Due to the global financial crisis the number of local and foreign tourists visiting the world-class hideaway Koh Samui in Thailand has dropped. Based on the data gathered by the Tourism Authority of Thailand’s (TAT) visitors who flocked Koh Samui has dropped to 40-50 percent compared to the same figure in 2008 in the first six months ... Full story

Despite the ongoing financial crisis, which had affected many countries worldwide, the Langham Hotels International, a British hotel management company, is focusing on expanding in Thailand. CEO Brett Butcher revealed that while the global downturn was affecting Thai tourism, now was a good time to invest or start new projects to serve demand when the economy recovers. Butcher ... Full story