THAILAND - Samui welcomes the big brands

Asia Property Report, August 05 2007

Before the turn of the millennium, the biggest brand on Koh Samui was probably Bob Marley, but massive economic growth and major developments in tourism have led to a significant increase in global interest and investment. As is often the case, it was the retail sector that led the brand invasion with golden arches, superstores and high street pharmaceuticals taking over from street stalls and family-run corner shops. More recently, the hospitality sector followed suit with mainstream hotel chains and now, largely on the back of big name resorts with mixed use strategies, the island’s property industry has expanded to include international, corporate agencies and developers.

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