Bars operating on a knife-edge

[Brian J]

^^
Yes......going to be great for those of us that don't rely on the tourist dollar for a living, though, I predict a sharp upturn in crime.

 

[Kenneth]

Oh shit, sorry to hear! Hope you get into something new and great soon...very often when you have to change, it does turn out for the better.

 

[Megan !]

I agree totally, and maybe the bar-owners should start passing that message down to the girls

Spent 11 nights in Patong last couple of week, copped some of the most ordinary behaviour from BGs since I started visiting LOS years ago......at a time when there are very few punters around. Sure I realise I am partly at fault often being a bit too serious when i go out, but fair go it was pretty poor stuff.

Rant finished...

 

[Rachel G]

Obviously it is recessions that are the main cause of slowdown in overall business.
Since 1920 the longest recession has been 18 months (ALL followed by a much longer period of expansion).
The current recession has been identified as starting Dec 07.
If it meets the past (recent) record we should be out of it by June 09.
There is a huge lag-time in officially identifying when we enter a recession and when we exit.
That means that next high season may likely be in a period of expansion, but not official yet.
Letting history being somewhat of a predictor I think there is a fair likelihood that next high season in Thailand will be OK (as in on the upswing from a low).
I think it is more accurate to say that the tail end of this high season (Feb-Apr) may be dismo and the low season may be lower than low.
Next week I will be booking my air ticket for November 2009.

 

[Pompal 09.]

I take it then that was a price quoted for ST and you suggest you think that is a reduced price from what?

She wasn't wearing a mask and riding a horse called Black Bess was she? h:

 

[YoungPiscean]

This doesn't sound right.
The Great Depression started in earnest in 1932 and didn't end until 1941.

 

[/cfreese 68IOU1]

You a right of course except that the landlords have always been happy to jack up the rents knowing that there is always some naive munter from farangland with their house sale receipts from back home ready to jump in and pay the inflated rent. Or they have had the happy option that they could flog the bar space as hotel development land.

Maybe now the credit bubble has burst rents will get more reasonable? Although the bars will still have to cope with less punters.

 

[Ryan was born may 20th]

Look at the time, did you sh1t the bed????

 

[Jackie]

Thats actually been on my mind too.. We all know how low season goes, especially out in the more rural bits..

I was actually talking to my landlord about improving the gate entrance as its not great.. And I am hidden away in the middle of nowhere.

Agree with everything you have said about this being the start of the downturn not the end of it.

 

[R S]

Your dreaming.. June 09 !!

If you look at things like the nominal stock market it took to the 50s to get back to where the 29 to 33 market went.. 25 years !! Thats equity only of course, the real unemployment and hardship was a 5 year decline followed by a 10 year seforum.xxxnation.

I think many things are different this time, but thinking that in about 7 months this is over is pure fantasy. Too much CNBC.

 

[Amira]

Maybe it was her husband who did the booking :intello:

 

[old doughboy]

Noticable trend lately,is groups of young guys sitting on the steps of 7-11/Family Mart drinking.
And eating from the roadside Thai food carts.
Thats about as cheap as you can get..h:



Hmmm... some bars are making so much money,the owner doesn`t care what his BG`s do to his customers. :

 

[Pompal 09.]

Nope, just about to get back in it..........Innit!

Not had any kip, one of the Beergarden girls came around last night and after the "How's yer Father" she wanted to watch that bloody Thai Pop Channel. Does my head in.

The her mate then rang at 0730!!!! To say that she was supposed to be meeting her at the salon on Soi Or-bi-tor or whatever it's called (On the way to Kamala Hills) for her to do her mates make up and hair for her visit to some festival thingie in Phuket Town today which starts at 0900.

Just had a brew and popped in here! Bit light innit?

 

[Sudeep King of Scorn]

Well, if you would know the biatch, I wouldn't be surprised either :rules:

 

[Grannyjill]

Yep, good point, and in the past the bars have been snapped up pretty quickly........but with many "for sale" notices up, and owners having to "renegotiate" their rents with the landlords, surely the signs are all too obvious.

The landlord who is prepared to meet the market and show some sense is the one who will still operate with a full Soi, albeit on a lower profit, but then times are hard and this time the proverbial really has hit the fan in the financial world.......

 

[Jarhead]

You are mostly right.
When I was looking at the list (by months) 1920/21 was 18 months and I failed to notice the obvious ... the depression.
Unless we are heading for a depression and you allow a different definition for depression and recession, then ....

Depending of the data you look at, mine says that the depression started in 1929 and ended in 1933.
Prior to the depression there were 2 recessions in the 20th century lasting approximately 2 years each (1910-12 and 1913-14)


Source: The Longest Recession Since … - Economix Blog - NYTimes.com

List of all recesions: Business Cycle Expansions and Contractions

 

[Greek God AKA Greekman]

In my extremely humble and amateur opinion (having seen my worth spiral down over the last 12 months or so) I think the present depression (NOT recession) is unprecedented as regards what is crawling out of the woodwork, seemingly, daily.

My guestimate is 3-7 years before this sorry situation is fully recovered. Takes time to build businesses to employ people and gain decent cash flow. Does not happen in a year or even two.

 

[Backwater Charlie]

Thanks Rob and Dan.. Feeling a bit crap, but starting to think it would be the best thing to happen to me. I had been there for 7 years and wass looking for a change.. Now I have been pushed into it. Find a new job that I like and can pay for my next holiday to LOS.

Onto what you were saying.. Why would a family want to visit Pattaya and then complain about all the bar girls. Crazy As

 

[Ubaida]

I think they turn on that channel so you'll ask them to leave. 55555

 

[einreb]

Went down town to meet Barbie Doll (his final day of his PAD enforced extra week) in Bangla at 0130.:intello:

The place was very quiet.This is not like the high season of the last few years.:erf:

I think bar owners and staff do realize that anyone you get as a customer is an important asset and should be looked after.Bars that rip people off will lose out to the better bars that look after their guests.:rules: