Thailand to gain 31,000 new hotel rooms in Thailand News Posted August 22, 2021 3 hours ago, pookondee said: When is your bet that things are going to return to normal? Call me crazy, but i cant imagine why anyone in their right mind would invest in a property that could possibly sit 80% vacant for another 1-2 years. Professor Klutch is optimistic. See one of his posts above. Of course he was suggesting you buy a property in Pattaya, rather than rent at 5000 baht a month for a central avenue condo. Property in the UK is averaging 10% capital growth per annum. Of course, if you have burned your bridges and depending on the tourists to return and frequent your titty bar your in a world of trouble. The hotel money will be Sino-Thai and an investing timescale of 5 to 10 years. There was an article about it in Forbes. Bought a big site in Jomtein already. The market it's aimed at will be Asian, mainly Chinese, not farang. They will be an endangered species by then. Just like a lot of farang bar owners still waiting for the time machine to transport them back to Jan 2020.
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Thailand to gain 31,000 new hotel rooms
in Thailand News
Posted
Professor Klutch is optimistic. See one of his posts above.
Of course he was suggesting you buy a property in Pattaya, rather than rent at 5000 baht a month for a central avenue condo.
Property in the UK is averaging 10% capital growth per annum.
Of course, if you have burned your bridges and depending on the tourists to return and frequent your titty bar your in a world of trouble.
The hotel money will be Sino-Thai and an investing timescale of 5 to 10 years.
There was an article about it in Forbes. Bought a big site in Jomtein already.
The market it's aimed at will be Asian, mainly Chinese, not farang.
They will be an endangered species by then.
Just like a lot of farang bar owners still waiting for the time machine to transport them back to Jan 2020.