Hope its not true but rumours within the Plaza suggest that some of the recent big investors might be in financial trouble. The German empire, finding it difficult to get any sort of customer numbers , might have defaulted on recent rent payments.
Farang numbers, soon to increase as Christmas approaches, will be very welcome. At the moment, only the core long term bars seem to be drawing in the customers.
Restaurants at the higher end such as Luxor appear to be full every night as does Cuisine Au Beurre among the middle range eateries. Amongst the go go bars there are too few farangs to go around. kaos and the old Y2K are doing well but it remains to be seen whether the latest venture by MrMinou into lady boys catches on. A large number of ladyboys together just look like a bunch of girls to many. The biggest failure amongst the new bars is the bar next to Crazy Dragon. Largely empty each night, it is swift to blame outside forces for its unpopularity. A great shame after such a high investment and soon a rethink will be necessary from its owners.
One good sign for the Plaza is that the new series of sois at the end of Soi yensabai are filling with new venues and will bring more potential customers into the area. Admittedly, this area is not gay but no harm is done by having a large upsurge in new bars and restaurants.