Yellowtail Posted June 20, 2022 Share Posted June 20, 2022 8 hours ago, Danderman123 said: ... plenty of new openings. In the holey city... 1 Link to comment Share on other sites More sharing options...
petermik Posted June 21, 2022 Share Posted June 21, 2022 On 6/10/2022 at 4:29 PM, treetops said: My big disappointment was Tin Cups on Buakhao seems to have closed and been stripped. Anyone know if it's closed for good or just being worked on? On 6/10/2022 at 6:45 PM, petermik said: Been like that for the past couple of weeks....renovation taking place in their noodle place but whether for them or new owners no-one seems to know..... Being renovated for the same owners... wait for the newly renovated china cup to be re-opened lol 1 Link to comment Share on other sites More sharing options...
scubascuba3 Posted June 21, 2022 Author Share Posted June 21, 2022 A lot of construction on walking st, Simon bar complex being rebuilt it seems, I'm surprised about that as there wasn't demand for the bars pre-covid. Space next to pinup being renovated 2 Link to comment Share on other sites More sharing options...
TaaSaparot Posted June 21, 2022 Share Posted June 21, 2022 (edited) 6 hours ago, scubascuba3 said: A lot of construction on walking st, Simon bar complex being rebuilt it seems, I'm surprised about that as there wasn't demand for the bars pre-covid. Space next to pinup being renovated Simon Beer Bar Complex will reopen as 'Frog Land' (by the owner of the Frog Bar), and will be a mix of Beer Bars, Night Club and a Restaurant at the back overlooking the bay. Edited June 21, 2022 by TaaSaparot Link to comment Share on other sites More sharing options...
jacko45k Posted June 21, 2022 Share Posted June 21, 2022 14 hours ago, TaaSaparot said: Simon Beer Bar Complex will reopen as 'Frog Land' (by the owner of the Frog Bar), and will be a mix of Beer Bars, Night Club and a Restaurant at the back overlooking the bay. Aimed at any particular demographic? Link to comment Share on other sites More sharing options...
Leaver Posted June 22, 2022 Share Posted June 22, 2022 On 6/10/2022 at 9:06 AM, Yellowtail said: Smart businesses tend to charge what the market will bear. It's a race to the bottom here. The market here will not bear 10 baht more for a beer than the place next door. 2 Link to comment Share on other sites More sharing options...
Olmate Posted June 22, 2022 Share Posted June 22, 2022 1 hour ago, Leaver said: It's a race to the bottom here. The market here will not bear 10 baht more for a beer than the place next door. Where.s here? ???? Link to comment Share on other sites More sharing options...
TaaSaparot Posted June 22, 2022 Share Posted June 22, 2022 8 hours ago, jacko45k said: Aimed at any particular demographic? Strange question of the day. Link to comment Share on other sites More sharing options...
champers Posted June 22, 2022 Share Posted June 22, 2022 10 hours ago, jacko45k said: Aimed at any particular demographic? The French, obviously. 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted June 22, 2022 Share Posted June 22, 2022 10 hours ago, Leaver said: It's a race to the bottom here. The market here will not bear 10 baht more for a beer than the place next door. Yet there are places that are thriving that charge half-again as much as places that are starving. Link to comment Share on other sites More sharing options...
jacko45k Posted June 22, 2022 Share Posted June 22, 2022 13 hours ago, champers said: The French, obviously. Simply wondering if foreign tourists were being catered to especially or maybe domestic ones.... and if foreign, Oriental or Western.... If it is specifically the French how have you determined that? Link to comment Share on other sites More sharing options...
Yellowtail Posted June 23, 2022 Share Posted June 23, 2022 3 hours ago, jacko45k said: Simply wondering if foreign tourists were being catered to especially or maybe domestic ones.... and if foreign, Oriental or Western.... If it is specifically the French how have you determined that? That it is to be called "Frog Land" might be something of a hint. If it were to be called *Yank Land, what demographic would you think is being targeted? *This is a noun, not a verb. 2 Link to comment Share on other sites More sharing options...
TaaSaparot Posted June 23, 2022 Share Posted June 23, 2022 4 hours ago, Yellowtail said: That it is to be called "Frog Land" might be something of a hint. Wrong, Frog Bar was a Thai owned bar. 1 Link to comment Share on other sites More sharing options...
RafPinto Posted June 23, 2022 Share Posted June 23, 2022 5 hours ago, Yellowtail said: That it is to be called "Frog Land" might be something of a hint. If it were to be called *Yank Land, what demographic would you think is being targeted? *This is a noun, not a verb. Is this their new logo? 2 Link to comment Share on other sites More sharing options...
Yellowtail Posted June 23, 2022 Share Posted June 23, 2022 22 minutes ago, TaaSaparot said: Wrong, Frog Bar was a Thai owned bar. Unless I'm missing something, target demographic has nothing to do with the nationality of the owners. 1 Link to comment Share on other sites More sharing options...
Leaver Posted June 24, 2022 Share Posted June 24, 2022 On 6/22/2022 at 5:37 AM, Olmate said: Where.s here? ???? Hint: It's in the Forum Title. Link to comment Share on other sites More sharing options...
Leaver Posted June 24, 2022 Share Posted June 24, 2022 On 6/22/2022 at 2:44 PM, Yellowtail said: Yet there are places that are thriving that charge half-again as much as places that are starving. Wasn't it you who took the urine out of my claim that rents and Thai landlords can make or break a business here, and quite often, they do both? Link to comment Share on other sites More sharing options...
Olmate Posted June 24, 2022 Share Posted June 24, 2022 1 hour ago, Leaver said: Hint: It's in the Forum Title. Give us a bit of current 'anecdotal' then! Did soipothole flood today? Link to comment Share on other sites More sharing options...
Yellowtail Posted June 25, 2022 Share Posted June 25, 2022 16 hours ago, Leaver said: Wasn't it you who took the urine out of my claim that rents and Thai landlords can make or break a business here, and quite often, they do both? Please do not make up things about what I say. As I have been clear on, any rent can make or break any business, regardless of the nationality of the landlord. Link to comment Share on other sites More sharing options...
steven100 Posted June 25, 2022 Share Posted June 25, 2022 5 minutes ago, Yellowtail said: Please do not make up things about what I say. As I have been clear on, any rent can make or break any business, regardless of the nationality of the landlord. yes , and this is the reason that most businesses have close down. Landlords become to greedy and the tenant struggles to afford the rental payments. The thai landlord mentality is , they would rather the shop or business close and they receive no rental income for the next 12 months or longer than lower the rent 20-50% . Link to comment Share on other sites More sharing options...
Yellowtail Posted June 25, 2022 Share Posted June 25, 2022 5 minutes ago, steven100 said: yes , and this is the reason that most businesses have close down. Landlords become to greedy and the tenant struggles to afford the rental payments. The thai landlord mentality is , they would rather the shop or business close and they receive no rental income for the next 12 months or longer than lower the rent 20-50% . That has not been my experience, but I understand it is a popular excuse for people whose businesses fail. If businesses income is cut by 90-100%, as was the case for many over the last couple years, how big a discount should the landlord give to keep the business from failing? 1 Link to comment Share on other sites More sharing options...
steven100 Posted June 25, 2022 Share Posted June 25, 2022 2 minutes ago, Yellowtail said: That has not been my experience, but I understand it is a popular excuse for people whose businesses fail. If businesses income is cut by 90-100%, as was the case for many over the last couple years, how big a discount should the landlord give to keep the business from failing? Well I know of a friend in Oz who had 12 shops being rented and he lowered the rent by 50% for at least a year or longer I believe for every tenant. At least he was getting 1/2 in rent. I think a cut by 50% would be better than no tenant at all, but Thai mentality is not the same. 1 Link to comment Share on other sites More sharing options...
scubascuba3 Posted June 25, 2022 Author Share Posted June 25, 2022 17 minutes ago, steven100 said: Well I know of a friend in Oz who had 12 shops being rented and he lowered the rent by 50% for at least a year or longer I believe for every tenant. At least he was getting 1/2 in rent. I think a cut by 50% would be better than no tenant at all, but Thai mentality is not the same. Thai landlords have been cutting rents during covid 1 Link to comment Share on other sites More sharing options...
steven100 Posted June 25, 2022 Share Posted June 25, 2022 7 minutes ago, scubascuba3 said: Thai landlords have been cutting rents during covid not near my soi they haven't .... you just have to drive along any main road and you will see shop after shop shuttered closed. Link to comment Share on other sites More sharing options...
Popular Post PJ71 Posted June 25, 2022 Popular Post Share Posted June 25, 2022 1 hour ago, steven100 said: not near my soi they haven't .... you just have to drive along any main road and you will see shop after shop shuttered closed. Does n't matter how cheap the rent is, if there's no customers you're destined for failure. 3 Link to comment Share on other sites More sharing options...
aussiexpat Posted June 25, 2022 Share Posted June 25, 2022 (edited) 1 hour ago, steven100 said: not near my soi they haven't .... you just have to drive along any main road and you will see shop after shop shuttered closed. Are you talking about Pattaya? I just did 4 months there and honestly it was no different to any pre-covid trip (I dIdn't do soi 6-8 or walking street pre-covid so no diference) Edited June 25, 2022 by aussiexpat Link to comment Share on other sites More sharing options...
scubascuba3 Posted June 25, 2022 Author Share Posted June 25, 2022 1 hour ago, steven100 said: not near my soi they haven't .... you just have to drive along any main road and you will see shop after shop shuttered closed. Every business I've seen for sale quotes a covid rent, of course many businesses have closed even with that 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted June 25, 2022 Share Posted June 25, 2022 6 hours ago, steven100 said: Well I know of a friend in Oz who had 12 shops being rented and he lowered the rent by 50% for at least a year or longer I believe for every tenant. At least he was getting 1/2 in rent. I think a cut by 50% would be better than no tenant at all, but Thai mentality is not the same. This could work for businesses that have lost 20-50% of their revenue, but were into what, the third year of this? Do you really think a business that has lost virtually all of it's revenue can afford to continue paying 50% of it's fixed costs indefinitely? I doubt that very much. Ironically, the guys that were operating month-to-month with virtually no savings made out the best. It amazes me that so many people believe rich Thais are stupid. 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted June 25, 2022 Share Posted June 25, 2022 5 hours ago, steven100 said: not near my soi they haven't .... you just have to drive along any main road and you will see shop after shop shuttered closed. And you blame this not on lack of business, but on greedy, stupid Thai landlords refusing to cut rents, correct? Link to comment Share on other sites More sharing options...
steven100 Posted June 25, 2022 Share Posted June 25, 2022 11 minutes ago, Yellowtail said: And you blame this not on lack of business, but on greedy, stupid Thai landlords refusing to cut rents, correct? Just to clarify, I'm talking Bangkok .... I blame both .. lack of customers and greedy landlords, however if you don't have any customers it doesn't matter if the landlord drops the rent 90% , your still losing. I had a nice restaurant, thai/chinese landlord would not offer any discount so as to continue through for another year, hence shut shop. 1 Link to comment Share on other sites More sharing options...
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