48% Of All Phuket Hotel Projects Delayed: Report | The Nation

Forty-eight per cent of all new hotel developments in Phuket are experiencing major construction delays triggered by the global economic downturn and concerns over Thailand's political stability. The Phuket Hotel Market Update's midyear report, released yesterday by hospitality consulting firm C9 Hotelworks, said the slowdown on hotel construction sites had not, however, dented developers' enthusiasm for entering the accommodation market in the...

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