Phuket Visitor Profile – Leading Market Indicator “The Winds of Change” Bill Barnett, Managing Director - C9 Hotelworks October 11, 2010.

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Phuket Visitor Profile – Leading Market Indicator “The Winds of Change” Bill Barnett, Managing Director - C9 Hotelworks October 11, 2010

Global Financial Crisis Politically Related Events Phuket airport closure (Aug-08) Bangkok airport closure (Nov-08) ASEAN Summit disruption (Apr-09) Bangkok red shirt protest (May-10) Source: Phuket International Airport and C9 Hotelworks Market Research

Source: Office of Tourism Development Thailand and C9 Hotelworks Market Research

Top 5 Source Markets* 1. Australia 2. Sweden 3. Russia 4. China 5. United Kingdom Top 5 Growth Markets* 1. China 2. Korea 3. Australia 4. Middle East 5. Russia Top 5 Asian Markets* 1. China 2. Japan 3. Korea 4. Malaysia 5. Singapore * First half 2010 Source: Office of Tourism Development Thailand and C9 Hotelworks Market Research

Source: Bank of Thailand and C9 Hotelworks Market Research U.S. Credit Crunch (Q2–07) Global Financial Crisis (Q3-08) Greece Debt Crisis (Q1-10)

Today’s Takeaway…. The Face of Today Might Not Be the Face of Tomorrow