Search Results for: Thai tourism

  • Business News

    Thai tourism revenue to hit 3 trillion baht, misses target

    Thai tourism revenue is projected to reach 3 trillion baht this year, falling short of the government’s target of 3.5 trillion baht due to economic challenges in key markets, the Tourism Authority of Thailand (TAT) reported. As of today, Thailand has seen 14.9 million foreign arrivals, generating 709 billion baht (US$19.4 billion). This figure represents roughly 30% of the international…

  • Travel

    Revolutionising Thai tourism with AI in Travel

    Thailand’s tourism sector is experiencing a significant transformation with the integration of artificial intelligence (AI), aimed at enhancing and personalising the visitor experience. This strategic move not only complements Thailand’s renowned hospitality but also infuses it with modern innovation. The country is focused on merging its cherished traditional elements with cutting-edge technology to offer travellers a distinct and tailored journey.…

  • Tourism News

    Thai tourism industry supports reintroduction of 300 baht tourist fee

    Tourism industry stakeholders in Thailand voiced their support for the reintroduction of a 300 baht fee for incoming tourists, viewing it as crucial for generating funds for tourism development. The Tourism Council of Thailand (TCT) intends to discuss the project’s necessity with Sermsak Pongpanich, the incoming tourism minister. Surawat Akaraworamat, TCT’s Vice President, said that the Thai Chamber of Commerce…

  • Thailand News

    Thai tourism operators brace for impending annual low season

    Thailand is set to face its annual tourism low season, warned Sisdivachr Cheewarattanaporn, the leading figure of the Association of Thai Travel Agents (ATTA). The transition into the low season comes after the country’s Songkran Holidays, a peak period for tourism. This shift leaves tourism operators grappling with the challenge of keeping their businesses afloat during the lull in tourist…

  • Business News

    Thai tourism federation calls for urgent supply development

    The Federation of Thai Tourism Associations (FETTA) has revealed its intention to present an urgent demand for supply development to the government. The appeal is due to a rising demand that is overburdening the existing infrastructure. This was disclosed by FETTA Secretary-General Adith Chairattananon. Adith explained that while the government has been keen on stimulating demand by granting visa exemptions…

  • Tourism News

    Chinese economic stimulus to boost Thai tourism and economy

    Analysts predict that China’s economic stimulus measures will spur an increase in Chinese tourists visiting Thailand, potentially driving the Thai economy to achieve a growth rate of at least 3% this year. This is due to the expectation that Beijing’s financial initiatives will simultaneously boost the economies of both nations. Asia Plus Securities (APS) highlighted that China has rolled out…

  • Tourism News

    Thai tourism index for Q4 2023 signals risk of deflation

    The Tourism Council of Thailand’s (TCT) quarterly index has reported a lower-than-normal confidence level for the fourth quarter of 2023, signalling concerns among operators about the risk of deflation and delayed fiscal budget disbursement. The Thai tourism index for the last quarter of the year scored 77, with 100 being the average; this is an increase from the third quarter’s…

  • Business News

    Labour costs outpace revenue growth in Thai tourism sector

    Rising labour costs in the tourism sector are outpacing revenue growth, resulting in increased hotel expenses, as revealed by hospitality market analyst STR. Jesper Palmqvist, senior director for Asia-Pacific at STR, warned that the only risk for hotels this year is maintaining cost controls in light of the extraordinary growth of labour costs and room rates. Over the past one…

  • 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…

  • 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…

  • Business News

    Easy e-receipt scheme may not boost Thai tourism says hotel association

    The recently introduced Easy E-Receipt scheme, aimed at boosting tourism spending by offering tax rebates, may fall short of its goal, according to hotel operators. Marisa Sukosol Nunbhakdi, Thai Hotels Association (THA) president, argues that the scheme might instead push eligible individuals towards purchasing consumer products. She highlighted that a significant number of hotels and airlines are yet to adopt…

  • Thailand News

    PM Srettha’s official visit to Chiang Mai aims to boost Thai tourism and tackle PM2.5

    Prime Minister Srettha Thavisin yesterday embarked on an official visit to Chiang Mai with a delegation to inspect key government policy projects such as transportation network systems, measures to tackle PM2.5 dust particles, and tourism promotion initiatives. During the three-day scheduled trip from January 10-12, PM Srettha encountered the renowned Lieutenant Somboon Banchamek, also known as Buakaw, who was training…

  • Economy News

    Long-haul tourism to boost Thai tourism revenue in 2024

    The Tourism Authority of Thailand (TAT) anticipates that long-haul tourism will significantly bolster Thai tourism revenue in 2024, contributing seven percentage points more than pre-pandemic levels. This was discussed last week as the Minister for Tourism and Sports, Sudawan Wangsuphakijkosol, met with TAT executives to deliberate on next year’s market strategies. The government has set a goal of 3.5 trillion…

  • Thailand News

    Thai tourism revolution: Duty-free ditch and booze bonanza

    In a bold move set to redefine Thailand‘s tourism landscape, the Finance Ministry is gearing up to propose changes that could reshape the way tourists spend their cash. The Finance Ministry is set to pitch a revolutionary plan to Cabinet today, December 19, aiming to suspend duty-free shops in the arrivals section of all airports. Lavaron Sangsnit, the ministry’s permanent…

  • Thailand News

    Thai tourism boom: 9,000 Chinese flock to Bangkok for game-changing conference

    Thailand played host to a jaw-dropping 9,000 Chinese entrepreneurs, propelling the country into the limelight as the ultimate business and leisure destination. Amid the glitz and glamour of Bangkok’s Queen Sirikit National Convention Centre, the Tourism Authority of Thailand (TAT) held a conference on agricultural products and technology. Chinese agricultural and technology experts, as well as economic professionals, attended the…

  • Thailand News

    Thai tourism booms as over a quarter vow to return: Visa insights

    A Visa study has uncovered that Thailand is set to witness a tourism surge with a whopping 28% of travellers who explored the country this year, expressing their firm intention to make a return within the next 12 months. The 2023 Global Travel Intentions Study by Visa, the largest and longest-running consumer insights study of its kind, has provided a…

  • Business News

    Tourists travelling less but spending more in luxury Thai tourism

    The luxury travel sector is witnessing a peculiar trend: tourists are travelling less but spending more, according to the observations from Pimalai Resort and Spa, a hospitality establishment located on Koh Lanta. The resort has also noted that Krabi tourism is grappling with the dearth of international flights, especially from China. The resort’s owner, Charintip Tiyaphorn, revealed that despite the…

  • Thailand News

    Thai tourism minister rejects proposal for Chinese police to protect tourists

    Tourism Minister Sudawan Wangsuphakitkosol stressed there will be no policy allowing Chinese police to participate in the protection of Chinese tourists in Thailand. She firmly believes in the potential of Thai police to instil confidence and does not anticipate any negative impact on the number of Chinese tourists. At 9.20am this morning, at the Government House, Sudawan, the Minister of…

  • Business News

    Thai tourism bodies urge government to rebuild confidence with Chinese tourists

    The Association of Thai Travel Agents (ATTA) and the Tourism Council of Thailand (TCT) called on the government to restore confidence in Chinese tourists via mainland tour agents, emphasising that this approach can guarantee tourist safety. TCT president, Chamnan Srisawat, suggested that the government should exercise caution before deciding on a permanent exemption from visas for the Chinese market. The…

  • Tourism News

    Thai tourism hit as gun violence prompts Chinese visitor cancellations

    The Thai government has been urged to tighten gun control measures by Chiang Mai hoteliers and tourism entrepreneurs in the aftermath of the Siam Paragon shopping mall shooting on October 3. The incident, which resulted in the death of three people, including a Chinese tourist, and injured four others, has shaken the confidence of Chinese travellers in Thailand. The fallout…

  • Tourism News

    Chinese embassy applauds visa-free ‘tour-de-force’ to revive Thai tourism

    The Chinese embassy expressed gratitude towards the Thai government’s visa-free policy, anticipating it would encourage an influx of tourists from China and rejuvenate Thailand’s tourism industry. The embassy, in a Facebook post, conveyed the Chinese government’s support for the initiative but simultaneously emphasised the necessity for the Thai government to safeguard Chinese tourists during their stay. The visa-free scheme, unveiled…

  • Business News

    Thai tourism aims sky-high: 3 trillion baht revenue target unveiled

    The Thai tourism and sports minister announced an ambitious new target for foreign tourism revenue: an unprecedented 3 trillion baht. The minister, Sudawan Wangsuphakijkosol, revealed the goal, which marks a considerable increase from the 1.9 trillion baht recorded in 2019, is part of a broader strategy to position the nation as a leading hub for sports and entertainment. Sudawan acknowledged…

  • Thailand News

    South Korea aims to boost Thai tourism with new campaign

    South Korea, marking its 65th year of diplomatic relations with Thailand, is all set to attract more Thai tourists. This comes as part of a bilateral effort to revive the tourism industry in both countries, which shares a robust relationship economically, socially, and culturally. Covid-19 restrictions saw a decline in international tourism, with South Korea welcoming about 570,000 Thai tourists…

  • Economy News

    Thai tourism faces strain from sluggish Chinese, Japanese economies

    Tourism operators in Thailand are facing significant challenges due to the sluggish economies of China and Japan and an uneven recovery in Thai tourism that benefits larger operators. A recent survey by the Thai Hotels Association (THA) and the Bank of Thailand revealed that 29% of three-star or lower-rated hotels have been severely impacted by interest rate hikes and may…

  • Economy News

    Evergrande collapse in China set to hit Thai tourism and exports

    The Thai tourism and export sectors are set to experience a significant impact due to the financial downfall of China’s real estate giant, Evergrande. The Evergrande collapse revelation came from Poonpong Naiyanapakorn, Head of Policy and Trade Strategy Office (PTS), Ministry of Commerce, today. He suggested business operators closely monitor the situation. Evergrande, a giant in China’s real estate sector,…

  • Business News

    Chinese economic woes dampen bookings for Thai tourism sector

    Tourism operators indicated a slowdown in forward bookings from China for the upcoming Golden Week holiday in October due to a challenging economic climate. A representative from the Tourism Council of Thailand, Surawat Akaraworamat, revealed that a sluggish economic rebound and potential deflation are having far-reaching effects on disposable income for prospective tourists from the Chinese mainland. “Travel agents have…

  • Pattaya News

    International influencers invited to bolster Thai tourism in TAT initiative

    In a move to bolster the nation’s tourism industry, the Tourism Authority of Thailand (TAT) held a lively event over the previous extended Mother’s Day holiday weekend, extending an invitation to notable international influencers. Write Your Own Amazing New Chapter was the title chosen for the event that took place over five days, from August 9 to August 13. The…

  • Pattaya News

    National Mother’s Day weekend anticipates 2.6 million trips boosting Thai tourism revenue

    Anticipation is building up in the kingdom of Thailand as the upcoming long weekend for National Mother’s Day approaches, strategically set from August 12 through August 14. According to the Tourism Authority of Thailand (TAT), the weekend is estimated to see a surge of 2.6 million local travels yielding total revenue of approximately 8.76 billion baht (US$249 million). This flurry…

  • Economy News

    Thai tourism industry anticipates growth under Pheu Thai government

    The Thai tourism industry is buzzing with optimism as the Pheu Thai Party is potentially gearing up to form the anticipated government. With Pheu Thai’s known successful stint in the realm of governance and its proven track record in enhancing the economy, the tourism sector is eagerly waiting for efficient tourism policies to be rolled out to mitigate existing challenges.…

  • Tourism News

    TAT and EVA Air sign LOI to jointly promote Thai tourism

    The Tourism Authority of Thailand (TAT) and EVA Airways Corporation signed a Letter of Intent (LOI) to cooperate in the promotion of Thailand’s tourism for the mutual benefit of the two parties, which will see EVA Air’s global route network used to boost visitor numbers from key worldwide markets to the kingdom. Yuthasak Supasorn, TAT Governor, said… “Together, TAT and…