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Phuket Hotels Lose US$300 Million In Rate Plunge

Phuket Hotels Lose US$300 Million In Rate Plunge

29 January 2010 Press Release Hotel News

Industry-wide discounting by Phuket hotels cost the industry on the island US$300 million in room revenue in 2009, according to the Phuket Hotel Market Update report compiled by Thailand consultancy C9 Hotelworks.