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Phuket facing worst tourism crisis in three decades - half of hotel rooms empty in 2020


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Don't worry, Indian millionaires are on their way.

The cure is going to be very painful and largely needs to come at grass roots level. The whole basis of a market economy is about supply and demand. When demand is low you need to reduce prices, espec

I wonder, will their solution will be to raise the room prices ?       T.I.T economy 101

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Is the problem an decreasing number of tourists or the decreasing occupancy of hotels? If the last is the problem, a regulation of Airbnb could be a solution. It´s officially forbidden but nobody gives a sh.... Another problem are the lots of illegal/not registered hotels.

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