Chinese still in love with Thailand

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Despite media reports to the contrary, Thailand was the number one destination for Chinese tourists during last week’s Golden Week.

And, third-quarter data from China’s number one international property portal, Juwai.com, has revealed that enquiries for Thailand real estate reached record highs between July and September.

Data from China’s leading travel agency Ctrip revealed that Thailand was ranked first among global destinations for Chinese tourists during the Golden Week holiday in early October.

Carrie Law, the Chief Executive Officer of CEO Juwai.com, said: “Third-quarter data showed that Chinese buyer inquiries for Thailand property real estate reached new peaks.”

“Enquiries during the third quarter were 29.7 percent higher than the previous quarter, and 215.4 percent higher than during the same quarter in 2017.:

Law added that, in part, the strong results were due to an unusual surge of inquiries in August.

“The overall effect has been to push inquiries in the third quarter more than twice as high as in the same quarter one year earlier.”

“We have never seen Thai buying inquiries so high,” she added.

“This reflects strong Chinese demand for Thailand property,” she confirmed.

“We think most people in Thailand have been too negative. In reality, Chinese travel industry authorities reported that Thailand was the top destination for Chinese tourists this Golden Week.”

“Japan was expected to take top ranking but lost out due to the large number of cancelled flights and other cancelled arrangements due to typhoon Tanmei,” she said.

“The Thai government deserves credit for establishing special visa lines at five airports, and improving the regulation and oversight of the tourism industry.”

 

Note for clarity: Andrew Batt, the Founder and Editor of ThailandProperty.News, is a columnist for Chinese international property website Juwai.com on matters relating to Thailand property and real estate.

Andrew Batt
The author of this article is Andrew Batt, the founder and editor of www.thailandproperty.news. Andrew has been writing about property and real estate issues in Thailand and Southeast Asia for more than 10 years. He has worked for PropertyGuru Group, DDproperty, Dot Property Group, Hipflat and AsiaRents. He has also produced content for leading Thailand property developers and real estate agencies.
Email: andrew.thailandpropertynews@gmail.com.

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