Mr Kring lost control of his motorbike around 8am on Wednesday morning between Loch Palm golf course and the Kathu gas station intersection on his way home from Patong.
He suffered serious internal injuries and his life support was turned off on Thursday evening at Phuket International Hospital.
Mr Kring was the owner of the popular “Mai Thai” bar on Soi Eric, off Bangla Road in Patong. He had run the bar for around 10 years, said his friend Bill Harris, the owner of the Summer Breeze hotel in Patong.
The bar is temporarily closed and many people are laying flowers and wreaths outside it in memory of Mr Kring.
He was also well known as being the creator of the popular phuket-info.com website, a Phuket travel website with a very active forum. Mr Kring established the website about 10 years ago and it had since grown to have more than 50,000 members, Mr Harris said.
“He was an absolute gentleman to everyone. Everyone who met him loved him. He had an open heart and he never had a bad word to say about anyone. He really was a terrific guy,” said Mr Harris.
“He was very well-respected and loved by everyone. Like everyone else I’m devastated and really at a loss. There’s a hole that can’t be filled.”
Mr Kring’s parents are in Phuket on holiday at the moment, and he leaves behind his wife and two young children.
Mr Harris said a cremation ceremony will take place at the Kathu temple at 2pm on Monday.