Phuket Contributes 30% of the Tourism Income in Thailand

Phuket, Thailand, March 12, 2012 --( Phuket is one of Thailand’s top three earning tourism destinations, according to the Tourism Authority of Thailand (TAT). Phuket contributes 137 billion baht to Thailand’s tourism industry, accounting for around 30% of the total tourism income in Thailand.

Resorts and hotels in Phuket had reported strong bookings in November and December. According to the Phuket Tourist Association (PTA), the tourism industry in Phuket is performing better than last year. Currently, 37.1% of Phuket’s tourists are from Europe and 43.7% are from Asia.

To continue to attract more visitors to Phuket, TAT plans to work with Qatar Airlines to drive traffic from emerging markets like Brazil and Argentina. In addition, TAT will focus on the rising BRIC (Brazil, Russia, India and China) economies, which have high growth potential.

“Phuket will benefit from TAT’s drive to draw more international visitors to the island. This will boost the tourism and hotel occupancy rates in Phuket,” commented Chris Comer, CEO of Castlewood Group, a commercial real estate developer based in Singapore. “Tourists are attracted to the white sandy beaches, tropical climate and beautiful scenery in Phuket.”

The 8over8 luxury hotel, a project by Castlewood Group, will be situated in Phuket, near the beautiful Bang Tao Beach and Laguna Resort. It will be scheduled for completion by the first quarter of 2013.

Castlewood Group
Nicola Bird
+65 6303 0888