Hotel Revenues Increase on Thai Island

4th August 2010 (Last Updated August 4th, 2010 18:30)

Hotel room revenue on the Thai island of Koh Samui increased to $25.5m in the first six months of this year compared with the same period in 2009, according to a report. The increase has been attributed to an upswing in visitor arrivals, which in turn increased hotel occupancies and rate

Hotel room revenue on the Thai island of Koh Samui increased to $25.5m in the first six months of this year compared with the same period in 2009, according to a report.

The increase has been attributed to an upswing in visitor arrivals, which in turn increased hotel occupancies and rates.

Revenue per available room rose by 24%, while occupancy increased by 5% and room rates by 13% compared to the same period last year, according to Samui 2010 Hotel Market Update by C9 Hotelworks.

Room inventory grew by 109% in the second half of the year, adding 205 rooms to supply, according to etravelblackboardasia.com.