Phuket unfazed by weak Chinese market

Phuket unfazed by weak Chinese market

The sluggish Chinese market should have a short-term impact on Phuket as well as Thailand, as the island can attract other foreign arrivals and long-stay markets, according to Lan Kwai Fong Group, an operator of residential projects in the province.

China slump no drag-on for Phuket, says property tycoon

China slump no drag-on for Phuket, says property tycoonLegacyFears that China’s economic slowdown could batter Thailand’s tourist trade have been brushed aside by a luxury property boss, who insists Phuket is still booming thanks to big spenders from elsewhere. Phuket’s posh property scene is still sizzling despite fewer Chinese tourists hitting the island and one property mogul reckons it’s all just a blip. Allan Zeman, chairman of the Lan Kwai…

Phuket Resilient Amid Sluggish Chinese Market, Says Lan Kwai Fong Group

File photo for reference only Phuket is expected to weather the short-term dip in Chinese tourism, thanks in part to its growing appeal to other international visitors and long-stay markets, according to Lan Kwai Fong Group. Allan Zeman, chairman of the group, attributes the current sluggishness ...