In a city like Pattaya, with almost a hundred beachfront hotels nice and close to all the gogo bars and restaurants and shopping of Beach Road, I've never been able to figure out why anybody thought building the Town-In-Town hotel was a good idea: A nondescript 360-room hotel with no redeeming features or appeal, situated far down a drab sidestreet miles back from the beach in a rather barren, depressed neighborhood, with no view, and far away from any of the city's main attractions. (Well, unless you count Foodland... a place that certainly tops my personal list of places to visit.)Anyway, the hotel is now being converted into serviced apartments, which seems to be the new property gimmick here in the world's fastest-moving real estate market. Good idea, that: If you are having trouble selling one room at $20 per night, try combining 3 rooms together into 1 small apartment, and then sell that in 1-month blocks at $60 per night.
2 comments:
There are two types of hotels in Pattaya. Your regular individual tourist hotel and "tour bus" hotels. Town in Town is the latter. They do not need a beachfront location, great view or be close to gogo bars because their clientele is the package tourist driven around on big coaches and dropped off back in thier hotel at night. Others like it in town are the All Seasons, off Central Road before Carre four, Ceasar's Palance on 2nd Road and Grand Sole on 2nd Road. These hotels have virutally no walk in trade, no Inernet bookings but stay at 75% occupancy or more year-round. The fACT TIT fell on hard times is due more to poor management and a loss of contracts from the Chinese/Korean/Indian tour companies than what it looks like or where it is.
Ah. That makes sense.
Still though: Even the tour companies have cost-equal / location-better choices in which to take their customers, such as the big Second Road hotels, or even the Jomtien Beach properties. The more hotels that get built, the tougher the competition.
Good point you made though.
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