Search Results for: Foreign tourist arrivals
- Tourism News
Agoda prepares for tourist boom in India as report shows growing interest from Thais
Multinational travel agency Agoda is preparing for increased tourism in India, as Thais have shown a growing interest in travelling to the country. Agoda, according to data from their digital platform, has observed a 16% increase in searches from Thailand looking for accommodation in India. This growth in search volume comes days after the Indian government announced they would waive…
- Thailand News
Thailand poised for unprecedented surge in tourists
Thailand is set to witness a phenomenal surge in tourists, with visitor numbers from four key markets, Malaysia, India, South Korea, and Russia, expected to hit record highs in 2024, thanks to robust government support and the country’s soft power initiatives. According to the Association of Thai Travel Agents (ATTA), arrivals from Malaysia are projected to soar to 5 million…
- Business News
Political risks threaten foreign investment in Thailand
Siam Commercial Bank (SCB) EIC Research Centre warns that heightened political risks are casting a shadow over foreign investment in Thailand’s financial, capital, and long-term direct investment markets EIC Chief Economist Somprawin Manprasert warned that various political risks and uncertainties could significantly impact foreign investor confidence and lead to substantial capital outflows from offshore investors in the Thai equity market.…
- Thailand News
Thailand scraps controversial tourist tax scheme
In a dramatic U-turn, Thai Prime Minister Srettha Thavisin announced the cancellation of the highly debated tourist tax. Initially proposed as a post-pandemic measure, the 300 baht tax at airports and 150 baht tax by land or sea, caused a storm of opposition from the travel industry due to its ambiguity and potential for confusion. The National Tourism Policy Committee…
- Thailand News
Taxing times: Tourism Minister stands firm with 300 baht tourist tax
In a recent press conference, Thailand’s new Tourism and Sports Minister, Sermsak Pongpanich, hinted at the impending introduction of a tourist tax, known as the Kha Yeap Pan Din, translating to a landing fee. Although no specific timeline was provided for its implementation, the newly-appointed minister emphasised the unlikelihood of abandoning the proposed tax. Sermsak, formerly the Culture Minister, assumed…
- Thailand video news
Thailand Video News | British Man Arrested at Phuket Airport for Possession of Cocaine, Thailand Extends Visa Exemption Program for Indian and Taiwanese Tourists
In this Thailand video news, Alex and Jay delve into the recent news from Thailand. Beginning with the nation has extended its visa exemption program for Indian and Taiwanese tourists, aiming to boost tourism. Former Prime Minister Thaksin Shinawatra seeks a mediation role in Myanmar’s conflict, showcasing Thailand’s diplomatic engagement. However, challenges persist, with a Thai airline experiencing an engine failure…
- Tourism News
Thailand’s foreign tourism boom: 10 million visitors fuel 500 billion windfall
Thailand has welcomed over 10 million foreign tourists this year alone, leading to revenue exceeding 500 billion baht, reported the Tourism and Sports Ministry. The data, up to date as of yesterday, shows 10,723,953 foreign visitors have contributed to an income of 518 billion baht (US$14 billion). Chinese tourists led the pack with over 2 million visitors, followed by 1.39…
- Business News
Thai retail sector struggles despite tax incentives and tourist spending
Despite increased spending by tourists and tax incentives to encourage buying, Thailand’s retail sector is under strain. The sector, facing the challenges of a surge of substandard goods from China, is burdening local entrepreneurs. Thai Retailers Association Vice President Chatchai Tuongratanaphan predicts a growth of only 1-2% in the retail sector for the first half of the year. This is…
- Tourism News
Thailand allocates 50 million baht for foreign tourist insurance
The Thai Tourism and Sports Ministry has allocated a budget of 50 million baht (US$1.38) for the fiscal year of 2024 to financially aid foreign tourists in the event of accidents or death. The ministry stated that this amount is likely to cover its expected influx of 35 million foreign visitors this year, in accordance with the average annual claims…
- Thailand News
Thailand anticipates foreign arrivals surge during Chinese New Year
A considerable surge in foreign arrivals is anticipated in Thailand during the Chinese New Year holiday, as reported by the Airports of Thailand (AOT). Kirati Kijmanawat, the AOT director, announced yesterday, February 6, that passenger numbers flying into Thailand are predicted to experience a 206% leap, compared to the same time last year. This comes in the wake of the…
- Business News
Thailand targets 35 million international tourists
The Tourism and Sports Ministry of Thailand is optimistic about its ability to attract 35 million international tourists this year. This confidence stems from the fact that in the first month of the year alone, the country recorded three million foreign visitors. The encouraging figure was aided by daily arrivals exceeding 90,000 on weekdays and 100,000 during the weekends in…
- Thailand News
TAT urges government to extend tourist visas
Thailand is seeking to revolutionise its tourism sector, urging the government to extend visa-free stays for long-haul tourists, including those from the United States and Europe. The Tourism Authority of Thailand (TAT) aims to elevate long-haul revenue to a whopping 40% of the country’s total in 2024. Thailand’s Deputy Governor for Europe, Africa, the Middle East and the Americas, Siripakorn…
- Tourism News
Thailand tops ASEAN for international tourist arrivals
Thailand emerges as the top destination for international tourists in the ASEAN region, as revealed by Sudawan Wangsuphakitgosol, the Minister of Tourism and Sports, during the 27th ASEAN Tourism Forum (ATF 2024) in Vientiane, Lao People’s Democratic Republic. The forum’s theme, Quality and Responsible Tourism – Sustaining ASEAN Future, reflected a collective intent among ASEAN tourism ministers to restore and…
- Business News
Thai travel agents expect Chinese tourist surge during Lunar New Year
The Association of Thai Travel Agents (ATTA) anticipates a surge in Chinese tourists during the Lunar New Year holiday, estimating daily arrivals of 20,000 to 25,000. ATTA President, Sisdivachr Cheewarattanaporn, attributes this boost to enhanced charter and scheduled flights, alongside the visa-free scheme designed to spur Chinese demand. Chinese arrivals have shown a marked increase this year, averaging 15,000 to…
- Business News
Thai tourism sector optimistic about Chinese arrivals despite economic concerns
Despite the Thai tourism sector experiencing a drop in Chinese visitors last year, the government remains optimistic about an increase in arrivals this year, targeting eight million visitors from the mainland. This optimism is fuelled by the prospect of the visa-free policy becoming permanent in March. The Chinese government has been advocating for its citizens to travel domestically during the…
- Tourism News
Thailand aims for 40 million tourists and 3.5 trillion baht revenue
The goal of 40 million international tourists and an ambitious revenue target of 3.5 trillion baht (US$ 98,348,390,000), as set by Prime Minister Srettha Thavisin, remains a tall order for this year, according to the Tourism and Sports Ministry. Still, the ministry plans to attract longer stays and increase spending through a range of measures, including soft power products, safety…
- Thailand News
Influx of Chinese tourists set to boost hotel earnings in 2024
Chinese tourist arrivals are staging a phenomenal comeback, promising a lucrative windfall for local hotels just in time for the high season. Analysts predict this tourist surge to continue its upward trajectory, creating an economic boom for the hotel industry. Chinese tourist arrivals are making an astonishing recovery this month, igniting hopes for a booming hospitality sector that analysts believe…
- Business News
Chinese tourists boost Thailand’s hotel sector with rapid recovery
The number of Chinese tourists visiting Thailand is on a rapid recovery trajectory this month, a trend analysts predict will continue into the Chinese New Year on February 10. This resurgence is expected to provide a much-needed boost to local hotels during this peak season. Statistics from December have shown a revival in visitors from key markets such as China,…
- Thailand News
Foreign buyers flock to Thailand’s tropical condos: Chinese and Russians lead
Foreign buyers such as the Chinese and Russian are dominating the condominium scene, turning Bangkok, Pattaya, and Phuket into international real estate playgrounds. A staggering 10,703 units, raking in a jaw-dropping 52.3 billion baht, exchanged hands in the nine months leading up to September, marking a whopping 38% surge from the previous year, according to the Real Estate Information Center,…
- Tourism News
Thailand PM temps European tourists with longer visa incentive
Thailand Prime Minister Srettha Thavisin is making bold moves to boost the nation’s economy by unveiling plans to waive visa requirements for European tourists. Thailand also plans to attract more tourists to the Land of Smiles by lining up hundreds of cultural and sporting events, to encourage visitors to stay longer and spend more. The Bangkok-born Thailand PM sees tourism…
- Thailand News
Visa-free policy for Chinese, Kazakh tourists boosts Suvarnabhumi Airport readiness
Suvarnabhumi International Airport is preparing to welcome an influx of tourists from China and Kazakhstan following the announcement of a new visa-free policy, effective from next week. The Immigration Bureau (IB) is set to bolster its officer presence at the airport in anticipation of the increased arrivals. The visa-free policy, approved on Wednesday, September 13 and publicised in the Royal…
- Tourism News
Visa-free policy for Chinese tourists may boost economy, workload
The first meeting of the new government’s Cabinet this week will discuss the predicted increase in workload for authorities as they prepare to implement a proposed visa-free policy for Chinese visitors. The policy is viewed as a major strategy to boost Thailand’s tourism sector, expected to generate massive revenue, according to Prime Minister Srettha Thavisin. The prime minister has consistently…
- Business News
Thai tourist numbers set to soar with anticipated visa exemption for China
The Thai tourism industry is poised for a significant boost, as an anticipated visa exemption for Chinese travellers could trigger a surge in foreign tourists, according to Chinese government-owned Thai brokerage, CGS-CIMB Securities (Thailand). However, the firm predicts that the arrival figures for tourists from China will still lag behind the 2019 statistics due to the economic challenges faced by…
- Economy News
Thai tourism embraces easier visa rules, faster approvals for Chinese tourists
In a move geared towards promoting Thai tourism, the government has implemented policy changes that lessen the rules for obtaining a tourist visa and slashes approval time for Chinese visitors. Chinese travellers emerged as the majority of international arrivals over the past week, the deputy government spokeswoman, Rachada Dhnadirek, confirmed yesterday. Statistics displayed that 95,581 visitors from China arrived in…
- South Thailand News
Koh Tao sees record-breaking one-day tourist influx
The island of Koh Tao has seen a record-breaking number of tourists reported to have landed on July 28. The Surat Thani Provincial Governor, Wichuwat Jinto, shared the good news earlier today. Koh Tao, the smallest of the three main southern gulf islands, welcomed a staggering 3,106 visitors, all of whom arrived via boat on the same day. This influx…