Leaver

4 hours ago, scubascuba3 said:

I've not seen anyone say there isn't an over supply of bars? have a quote from someone?

AN member newative is quite vocal on this issue, particularly with residential property, but also with retail and hospitality.   

5 hours ago, BigStar said:

Ah. Let's see your spend numbers for 2019 - 2022.

2019 was the quietest high season I have ever seen, covid aside.

Now that covid has come to pass, things will return to 2019, with struggling businesses. 

6 hours ago, malibukid said:

M1's are on their way Mr. Putin.  good luck with that.

Why would he care?  He's not the one who will be taken out by an M1.  It's the young Russian cannon fodder (no pun intended) who will pay the ultimate price. 

27 minutes ago, Doctor Tom said:

Yes, yes and no.   Countries have a responsibility to the rest of human kind that goes beyond their own narrow, National  self interest.  Unfortunately in this screwed up World nobody cares much, certainly not Thailand.  

Money Number One in Thailand.  That's from the individual, all the way to government.  Every part of Thai society is measured in baht, even their judicial system, which is a national disgrace. 

19 minutes ago, jacko45k said:

Probably do what all the others do... Cambodian border bounce or Air Asia somewhere. They seem to have money!

It will be interesting to see if Thailand recognizes the young Russian men here are fleeing from conscription, and if they will make allowances to their visa policy to cater for them. 

Yes, they have access to funds, but they are well under 50 years of age.

20 minutes ago, treetops said:

From their website:

 

Outdated.  Songkhla is no more. 

6 hours ago, BritManToo said:

Can only comment on Chiang Mai earlier this week.

Loads of real tourists around, a couple asked me why so many business (of all sorts) are locked and shuttered.

Went to the bars in Loi Kroh, again half are closed, and the open ones mostly empty.

There were a couple of busy bars, but most were more girls than customers.

Would you say Chiang Mai is "thriving?" 

1 hour ago, Phoenix Rising said:

Pattaya operating at near full capacity

 

 

And in other news.......

 

Yes, you get press releases from government agencies and associations saying one thing, and business owners saying another thing. 

It appears both are correct.  The numbers are up, but the spend is down.  This was happening in 2019 as well. 

7 hours ago, scubascuba3 said:

Pattaya is very busy, but as always too many bars.

Yet some continue to refute the oversupply here. 

9 hours ago, ozimoron said:

Pattaya is crowded right now and the Chinese tour groups are just getting started. More Russians are also likely to arrive. Anyone thinking it's going to drop off are probably delusional.

What about "the spend" though? 

2 minutes ago, BigStar said:

I've already been on the record, which you've inevitable distorted and lied about. As you would about any new answer. So you can go back and correct yourself first. I'm not getting into another time-wasting Leaver Loop.

Fail. 

On 1/24/2023 at 2:27 AM, warrima said:

Cant be any worse than buying and eating from this street vendor. Took this pic at PTT on Rama 4 while filling the truck up. The Crow was picking and eating from the stall for a good 3-4 mins before the vendor shewed it away. Ive seen rats do similar at Phra Khanong market. 

 

Think id prefer the leftovers. 

Many people believe crow saliva has better medicinal properties than the "bird nest" saliva. 

23 minutes ago, Jingthing said:

Its causing incredible unity and resolve in the west.

I agree.

23 minutes ago, Jingthing said:

It is decreasing the chances that China will China will attack Taiwan. 

Have a look at everything sitting around your home, right down to the shirt you are wearing.  

If the label says "Made in China" are you prepared to go without it, or pay 3, 4 or 5 times, possibly more, for it?   

If the answer is no, then China can invade Taiwan. 

6 hours ago, kinyara said:

Current reality is certainly a lot better than many on this board predicted pre high season. All the talk of how Pattaya wasn't going to recover centred on the high cost of airfares and cost of living increases that were already in play. The absence of the major tourist markets Russia and China was another common reason cited. 

 

As it turns out none of those doomsday scenarios seems to have caused a noticeable effect on the recovery, the high level of Russian visitors now seems to be more of a concern than their predicted absence and no doubt the same will be true of the Chinese market in the coming months. 

What you describe is TAT's way of tourism.  That is, just go for quantity, not quality.  Yes, it's busy here now, but are the tourists spending in businesses that cater for tourists?  

The big numbers do not necessarily mean big baht.  This goes back to the "zero baht Chinese" debate, and for yet another thread on the issue. 

At best, there are harsh economic times ahead for many of Thailand's traditional western market countries, and at worse, a global recession late 2023 or early 2024.  This is not a prediction of mine, it has been in the media with many economists around the world predicting it, and I tend to agree with them that economic factor are pointing in that direction. 

You don't see these impending global economic conditions as having any effect on tourism in Thailand at all? 

3 hours ago, newnative said:

Of course, booked does not mean sold.  At the project's completion, several hundred units that were booked came back on the market when the buyers could not complete the sale. 

As I said, they didn't sell.

3 hours ago, newnative said:

 I've found him a 68 sqm unit at Northshore.  Foreign quota, nice seaview, floor 26, 7.9MB. 

Didn't YOU say you DO NOT work in real estate here? 

3 hours ago, newnative said:

But, again, not your 'thousands'.

As usual, a lot of your post is just real estate waffle talking up the market here.

Here's a link to one, only one, of many online real estate agents here.  Then, there are brick and mortar agencies, and classified websites.  Eg. AN, Baht Sold, Facebook etc.

There are currently 536 "villa or condo" on the market in Pattaya.  

I agree there is some cross advertising, but there are still well over a thousand on the market here, hence the term, "thousands."

https://www.siamrealestate.com/search/?location_phase[]=Pattaya&featured=1&as_otype=sale&object=villa-condo&as_bed_min=0&price1=0&price2=0&currency=THB&as_addl_indoor_area=&as_addl_land_area=&as_addl_minimum_yield=&asrh_di=&asrh_do=

Once again, how can YOU claim Pattaya has a healthy property market with such a big oversupply of properties on the market, and they keep building more?

Supply is bigger than demand here. 

5 hours ago, newnative said:

You first.

This what you said:

"Remember, we're talking about over 6 million tourists traveling independently in 2019."

Can you post the link where you got this figure from.  I would like to read the article. 

5 hours ago, newnative said:

But, here's some 'optimism'.

We don't want optimism, we want the facts.  You are big on optimism, small on facts. 

5 hours ago, newnative said:

She should have more customers this year than the previous two years.

What she should have, and the reality, are two different things. 

Is this article "fake news?"  Why is she telling the journalist she is going broke, if she is not?  What advice to you have for her so she can stay in business? 

7 hours ago, Jingthing said:

For Russia's goals, how is it working for global economics.

It's causing instability. 

1 minute ago, newnative said:

      Her restaurant has managed to survive 3 years of covid--she doesn't need any advice from me, a non-restauranteur. 

Her restaurant was forced closed for a lot of covid, just like all other hospitality venues here. 

Once again, what would your advice be to her?  You post on here how well the tourism, property, and retail industries are going, yet, here is a cry for help from a restaurant owner on Walking Street.   Are you saying it's fake news? 

Can you not throw some of your optimism her way, as she is hemorrhaging money every month? 

4 minutes ago, newnative said:

Probably way fewer

Link, please? 

5 minutes ago, newnative said:

No, something nice and new going in usually doesn't diminish your property.  Why would it?  Take a look at Hipflat's price per sqm for The Base. 

The developer couldn't sell all the condo's, hence, a deal with authorities for daily rental to be allowed. 

6 minutes ago, newnative said:

No, you have said there are 'thousands' of condos for sale,

And so did you, in a previous post.  There really are "thousands" of properties on the market here.  Do you deny that? 

7 minutes ago, newnative said:

He's the single guy looking for a north Pattaya beach 1 bedroom with a killer seaview, foreign quota, 60 sqm minimum size, 9MB budget.  With your 'oversupply' of your 'thousands' of condos, let's see what you can come up with.   

There's no one stupid enough in the market to be looking for such a property.  That ship sailed years ago, hence, "thousands" of properties on the market here, and more and more going on the market every week. 

4 minutes ago, ozimoron said:

Russia was also facing the reality of a declining economy due to less demand for fossil fuels. Putin saw the annexation of Ukraine with it's rich agricultural lands, strong industrial base and mineral wealth as a way of making Russia great again and cementing his legacy to boot. One reason that NATO is pushing back so hard is that economic value that Ukraine has and the west's reliance upon it.

 

Unfortunately for Putin a million Russians didn't buy it and fled the country, many to Thailand.

Yes, there is a lot of truth in what you say.  Putin basically saying, "Make Russia Great Again."

The EU  didn't want the Ukraine, so it was ripe for the picking for Russia.  Putin wanted to carve up the Ukraine into a mini Soviet Union style of states.  Of course, it's not working out so well on the battlefield, but working out quite well as far as influencing global economics.  Perhaps that really was their end game. 

It goes far beyond just a land grab in Ukraine. 

3 minutes ago, champers said:

I am not sure the majority of countries have imposed sanctions on Russia. It is "western" nations including some NATO countries ( not Turkiye). I don't see sanctions from South American, African or Asian nations.

Russia finding out who is its friends.  Divide and conquer.