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The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. [1] Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons.
In 2023, Phuket experienced a 15% increase in property prices with demand driven by an influx of Russian and Ukrainian nationals. [44] The number of luxury villas launched in Phuket during the first six months of 2023 surged 12 times to 541 units worth a total 29.6 billion baht, from 45 units valued at 886 million baht the previous year. [45]
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
There are frequent ferry boats to Ko Phi Phi from Phuket, Ko Lanta, and Krabi town starting at 08:30. Last boats from Krabi and Phuket depart at 14:30. In the "green season" (Jun-Oct), travel to and from Ko Lanta is via Krabi town only. [7] There is a large modern deep water government pier on Tonsai Bay, Phi Phi Don Village, completed in late ...
Phuket International Airport (IATA: HKT, ICAO: VTSP) is an international airport serving the island of Phuket and its province in southern Thailand. It is located 32 km (20 mi) north of downtown Phuket in the Mai Khao subdistrict of Thalang district. The airport plays a major role in Thailand's tourism industry, as Phuket is a popular resort ...
The Grand Palace compound on the banks of the Chao Phraya river.The primary royal and ceremonial residence of the monarch and royal family of Thailand. Royal residences of the Chakri Dynasty in Thailand include the Grand Palace, nineteen royal palaces (Thai: พระราชวัง, RTGS: phra ratcha wang; official residences of the king and uparaja stipulated as such by royal decree) and ...