Phuket real estate resilient

Phuket is experiencing a buzzing low season with hotel occupancy rates up 20%-30% from last year. The term ´low season´ may no longer be applicable based on visitor arrivals in the past several months. "During a recent site inspection with a group of Middle Eastern investors, it was impossible for them to extend their trip due to lack of hotel availability. Quality hotels such as Trisara and Twin Palms were fully booked during a time that is traditionally the low season," according to Mr. David Simister, Chairman, CB Richard Ellis Thailand.