Search Results for: Foreign tourist arrivals

  • 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

    White Lotus effect: Thai resorts brace for tourist tsunami

    As the fictional guests of Season 3 of The White Lotus bid farewell to their lavish Thai resort, tourists are gearing up for their tropical escape. The series recently concluded filming at multiple luxurious locations in Thailand. Although the show won’t air until next year, hotels and tour operators are already anticipating a White Lotus boom. The previous seasons of…

  • 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

    Japan’s visitor count hits record high with Thai tourists in the mix

    Japan experienced a surge in foreign visitors in March, surpassing the three million mark for the first time in a single month. Thai tourists to Japan ranked sixth, contributing to the notable increase in visitors. South Korea topped the list with 663,100 visitors marking a 13.2% rise from 2019 pre-pandemic levels. Taiwan and China followed with 484,400 and 452,400 visitors…

  • Thailand News

    TAT to launch Nihao Festival in October to woo Chinese tourists

    To captivate the hearts of Chinese tourists, the Thailand Tourism Authority (TAT) has unveiled a month-long extravaganza, the Nihao Festival, set to take place for the entire month of October. Governor Thapanee Kiatphaibool announced the grand scheme yesterday, aiming to entice holidaymakers during China’s National Day Golden Week, renowned for its bustling travel fervour. The festivity will unfurl across Bangkok’s…

  • 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…

  • Thailand News

    Thailand tourists to get medical coverage of up to 500,000 baht

    The Thai government pledged unprecedented medical insurance and compensation packages, promising travellers a worry-free experience. Under the scheme, tourists will receive medical coverage of up to 500,000 baht in case of accidents, along with compensation of up to 1 million baht in the unfortunate event of death. At the campaign launch, Tourism and Sports Minister Sudawan Wangsuphakijkosol declared the initiative,…

  • 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…

  • 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…

  • Business News

    Free visa policy to boost Thai tourism stocks amid Chinese arrivals

    An agreement for a free visa policy between Thailand and China is set to greatly boost seven Thai tourism-related stocks, as projected by brokerages. This policy, signed earlier this week, is anticipated to cause a significant uptick in Chinese arrivals in Thailand this year. The Tourism Authority of Thailand (TAT) set a target of attracting 8.2 million Chinese tourists in…

  • 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…

  • 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…

  • Economy News

    Thailand-China visa-free deal to boost Chinese tourist influx by 57%

    The visa-free arrangement between Thailand and China, effective from March 1, is predicted to cause a 57% surge in Chinese visitors this year, boosting the total foreign arrivals to 33 million. Analysts suggest this development offers an opportunity for investors to gradually accumulate travel stocks. Thai Prime Minister Srettha Thavisin announced the reciprocal visa-free scheme on Tuesday, January 2, following…

  • 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,…

  • 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

    Thailand PM denies rumours of inviting Chinese police for tourist patrols

    Thailand Prime Minister Srettha Thavisin quashed rumours about inviting Chinese police to patrol the nation’s tourist hotspots. The clarification comes in light of a recent uproar following remarks from the Tourism Authority of Thailand (TAT) regarding such an arrangement. PM Srettha, during a visit to San Francisco, revealed that the country’s interest lies solely in collaborating with Chinese police for…

  • Phuket News

    Foreign national arrested for overstaying visa launching Crime Free Phuket year two

    A foreign national was taken into custody at the weekend at Phuket International Airport for overstaying his visa by 80 days. This event marks the launch of the second year of the Crime Free Phuket initiative run by the local Immigration Bureau. The past year has seen the arrest of 188 individuals, with overstaying visas accounting for 66 of these…

  • 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…

  • 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…

  • Business News

    Central Retail partners with Ant Group to launch Alipay+ for Asian tourists in Thailand

    For the convenience of Asian tourists from China, Hong Kong, Malaysia, and South Korea, Central Retail Corporation (CRC) has announced its partnership with Ant Group, introducing Alipay+ a comprehensive solution for international digital payments. This digital offering will enable travellers to use local digital wallets such as China’s Alipay, Hong Kong’s AlipayHK, Malaysia’s Touch ‘n Go eWallet and South Korea’s…

  • 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…

  • Business News

    Smart moves by KTO set to boost Korean tourists in Thailand by one million

    The Korea Tourism Organization (KTO) is on a mission to lure travellers with cutting-edge smart tourism offerings, boosting the number of Korean visitors to Thailand to an impressive one million during the upcoming third quarter. As this thriving alliance between the two countries takes shape, Korean tourism is set to soar to new heights. Tanes Petsuwan, the Tourism Authority of…

  • Business News

    Thailand sees tourist tax refund surge since reopening in June

    Following Thailand‘s full reopening in June last year, the number of tourist tax refunds has surged, as reported by Revenue Department director-general Lavaron Sangsnit. The increase in foreign visitors is evident in the substantial rise in value-added tax (VAT) refund totals. In 2022, over 423,000 tourists received VAT refunds, totalling 1.2 billion baht. Between January and May 2022, there were…