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Koh Samui: Holiday island  is in a "coma" on its last tourism legs


webfact

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9 hours ago, JoePai said:

like Chiang Mai where they are frequent and cheap flights. 

 

This along with being so expensive to stay (hotels'etc) is why Samui is suffering - tough, maybe they will learn

Maybe they have spent all there profits from previous years with figures like that

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Don't fret too much....

 

Thailand's Government will be sitting on Trillions in foreign cash reserves,as well as its own, that it has raked in the past 20 years... Much of which came since 2007 while The Baht has been kept falsely high.

 

This will of course finance their version of Furlough when they roll it out.

 

Until then ,Thai folk will be making do with their trusty "Tomorrow Never Comes Contingency Savings Schemes".

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Afraid without Government help Koh Samui will have to rely upon Chinese Investment who will Cherry Pick properties and purchase the best at knock down prices. This is rhe aim of Chinese Government to gradually take control. Don't expect any significant foreign tourism next year this is just not possible.

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6 hours ago, Changoverandout said:

 

I hope so, my wife and I are going t Mae Nam next month.

First time to Samui.

 

As we don’t particularly like crowds of tourists it should be fine as long as some restaurants are open.

They are, "restaurants open", plenty of them, and privacy on the beach, but still a busy Ring Road, almost as busy as normal. The Opening Photo is Maenam Beach seen from soi 4 towards West...????

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2 hours ago, mrfill said:

There are live streams on Youtube

https://www.youtube.com/watch?v=6UjWChzW1Lk

https://www.youtube.com/watch?v=cTT9lHijVcE

https://www.youtube.com/watch?v=wXsYOpVP-kQ

 

 

All places that were busy - not now.. Most look like stills until you see a branch move on a tree...

Akk live streams are from beach roads in Chaweng Beach and Lamai Beach, they are the (mainly Westerner) tourists deserted areas, just like on Phuket and Walking Street in Pattaya, so there would be quite deserted now.

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4 hours ago, ChipButty said:
4 hours ago, Tropicalevo said:

And that is what they are doing. Which is why some road surfaces are currently in a terrible state. They will re-tarmac the roads when everything else is finished.

When will that be?

As I am not in charge of that project, I cannot tell you.

Feel free to ask the mayor. I do not think that he reads TV.

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2 hours ago, gearbox said:

Do you think the Thais themselves are happy to pay 5k+ for a return ticket to Samui? The government for some reason is unable to sort this out, hopefully in the current conditions it won't be long before BA goes belly up.

 

The tourism in Samui was going downhill before the Covid,  the island outpriced itself and was not value for money any more. These are things which the market fixes...eventually either the prices would go down or the tourists would go somewhere else. 

Thais do not have to pay 5k+. Thais get 50% off flights up to 3,000 baht.

Anyone can fly to Suratthani for less than 1,000 baht (except maybe at Christmas/New Year.)

Some domestic tourists are driving here from Phuket/Bangkok/Chiang Mai.

By the way, for those posters spreading fake news about a Bangkok Airways monopoly, that is untrue.

Thai Airways were flying here for years before they dropped their flights and went codeshare with Bangkok Airways.

Before Covid, there were at least 7 other airlines flying to Samui.

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2 hours ago, Hoppyone said:
  12 hours ago, JoePai said:

like Chiang Mai where they are frequent and cheap flights. 

 

This along with being so expensive to stay (hotels'etc) is why Samui is suffering - tough, maybe they will learn

Cheap flights - especially at crop burning season.

That is why we have people coming to Samui for extended stays over the next four months.

And they are not staying in Hotels.

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13 hours ago, webfact said:

It has been of benefit to places near large population densities, like Bangkok, and tourism areas like Chiang Mai where they are frequent and cheap flights. 

 

So one could conclude that the Bangkok Air monopoly over both flights and the airport have contributed significantly to Samui's troubles. A case of shooting oneself in the foot.

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this government has distorted Koh Samui. Bankok Airways use to Charge 6000 The for flights from Bkk and then Taxis were expensive. 

So Congratulation to the government being able to allow this beautiful island to get destroyed. The city center is closed down. Wild dogs running around and there is nothing!! Most places are complaining and there is no help from no one.

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14 hours ago, JoePai said:

like Chiang Mai where they are frequent and cheap flights. 

 

This along with being so expensive to stay (hotels'etc) is why Samui is suffering - tough, maybe they will learn

 

And the fact that under normal circumstances, flights to Samui on Bangkok Air are extortionate - more than 5000 baht one way.

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7 hours ago, Mung said:

You might not be far from the truth. 
 

Do you remember the initial videos that came out of China at the very start of the viral outbreak? They depicted people fainting in the streets, hospitals rammed to the brim, and the whole scene felt like a dystopian horror movie. Months later, these scenes have not really been repeated anywhere else, which leads to suggest that those videos may have been faked.

 

Secondly, do you also remember how when the virus first emerged? WHO said that planes did not need to be grounded as that would not prevent the spread of the virus. Of course this is nonessential, it would have stopped the viral spread as that much is obvious. This was said by WHO when the virus was only in China and then subsequently in Thailand. The head of WHO, Tedros, had an odd relationship with the Chinese leader. Sources stated such things as, 

"the two men met in the Chinese capital, the number of cases was rising, and revelations were emerging that officials in Hubei province and Wuhan -- the city where the virus was first detected -- had sought to downplay and control news about the virus, even threatening medical whistleblowers with arrest."

Let's also remember that Chinese doctor who 'died' from the virus.

 

Thirdly, we have yet to establish where the virus originated – it's still an unknown. We do know that Wuhan is the home of the only biological weapons manufacturing location of such a magnitude to create something such as an engineered virus. Also, how did the Chinese obtain the the genetic sequence of the virus as early as February the 25th?

"Scientists in China have sequenced the genome of the COVID-19 virus demonstrating that it is a completely new virus, albeit closely related to the coronavirus (CoV) responsible for severe acute respiratory syndrome (SARS). Their findings are published in the journal Chinese Medical Journal."

 

Fourthly, China has upped their spending power during the economical downturn on foreign assets, as a means to grab them at devalued prices.

"Even as the COVID-19 pandemic continues to affect the global economies and businesses, Chinese companies have upped the ante to acquire or invest in distressed foreign assets in strategic locations. Against this backdrop, governments across several nations are now concerned about this move by China, according to GlobalData, a leading data and analytics company. Several media reports also suggest that there has been a growth in Chinese companies seeking proposals for targets from banks. During January to April 2020, 57 Chinese outbound M&A deals worth US$9.9bn and 145 Chinese outbound investments worth US$4.5bn were announced. The key M&A target destinations for Chinese firms included Hong Kong, the US, the UK, Germany, France, Canada and India. The key investment destinations during the period included the US, India, the UK, Hong Kong, Japan, France, Germany, South Korea and Australia."

 

Now the question must be asked, was all of this a plan from the start?

You seem to discount the fact that Covid was detected in blood samples in Italy (a cancer research Study) in September 2019 and in blood donations in the USA in December 2019 (samples in 9 states and more than 1% positive ).  This was before Covid even was an issue anywhere.  It seems that the virus was around much longer than we think.  And Pfizer apparently creates their vaccine within 2 days in early February... 

Hospitals are full in some parts of the USA - but only 10% are Covid patients - the rest is either other diseases or injuries (people still get cancer, diabetes, heart attacks car accidents etc).  Hospitals are not designed to be running at 5% capacity to be ready to accommodate a surge - not enough profit that way.  They are 80% full to make money - and initially laid off staff in the USA when elective procedures were stopped in March/ April as there were no patients.. then the business of medicine returned and free capacity shrunk again. Germany had similar issues when they had a severe flu season in 2017 and some cities ran out of bed capacity.

 

Yes, the Chinese are taking advantage of a situation that is being caused by other governments driving their economies into a wall - no question that they are opportunistic.  But not really a plan they started as the reaction of other countries could have been different (and Australia and the USA have had very different approaches and outcomes).

At the same time, there are rich Europeans and Americans who are also buying up businesses and real estate at bargain rates.  If you have money, this was the time to buy and position yourself for the future.

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17 hours ago, Jeffr2 said:

Right, they planned everything.  Jeez....stunning some think this.

 

Samui, like a lot of Thailand, priced itself out of the tourist market for many.  Crazy to see rooms going for $150 and up, that are right next to empty lots with trash, down roads that are falling apart, on beaches with encroachment, etc. 

 

What do you expect?

I agree with your being over price statement; but that’s a choice of targeting a market. I think that the  original post was about a shifting in wealth. A similar situation exists here in the USA, family owned business that are shutdown are failing where the large corporate business are able to lay-off scale back and have more available bailout options. Causing a shift in wealth from smaller to larger corporations many times, but not in all cases. All has happened before, one persons disaster is another’s opportunity. Again making the assumption the original post was saying the disaster is artificially created, for the purpose of driving businesses to a breaking point then picking up cheap... but that’s just silliness; no one in power would ever do that. But someone’s going to benefit from acquiring failing businesses cheap, be interesting who ends up winners and losers.

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