Recent research shows that the island Koh Phangan is not suffering the international economic crisis while the tourism industry as a total, according to the Tourism Council of Thailand, has hit a 49-year low and is expected to decrease by 22 per cent this year.
The number of hotel bookings on Koh Phangan in the first nine months of 2009 increased over 12% compared to last year. One of the main reasons for this fact is the continuous popularity of the full moon beach party. Research by major Koh Phangan hotel booking agency http://www.phanganresorts.com also shows that over 85% of online bookings are around this world famous monthly event. Almost 65% of the visitors prefer to stay in or around the Haad Rin area where the party takes place.
Koh Phangan is part of the Suratthani province and is located in the Gulf of Thailand. The relaxed atmosphere, the beautiful beaches and nature and the parties attract a lot of visitors to the island. For a lot of people Koh Phangan is synonymous with the world famous Full Moon Party which takes place every month in Haad Rin. The party attracts between 5.000 and 40.000 international visitors every month.
For further information and details on the research: [email protected], www.PhanganResorts.com, Thongsala, Koh Phangan, 84280, Thailand
Phanganresorts.com is a rapidly growing independent travel and accommodation guide based on Koh Phangan in Thailand.