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Hotels reservation in Bangkok impacted from bloodshed

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The hotel reservation rate in Bangkok has dwindled dramatically after the recent violent clashes between the government and the United Front of Democracy Against Dictatorship UDD on 10 April 2010. Thai Hotels Association THA President, Prakit Chinamourpong, admitted that the Bangkok hotel reservation is about 30% of the total available rooms only while the room occupancy in Khao Sarn Road is reported to stand at only 10%. Mr Prakit reasoned that tourists, especially foreign ones, have decided to cancel their reservations while some of them have returned to their motherland once they arrived in Thailand as a consequence of the domestic political bloodshed. The president added that the room reservation rates in many regions of the Kingdom have decreased, except for the southern part. The reservation rate in the northern region is only at 30-40%. As a result, Mr Prakit remarked that the tourism situation of the country for 2010 could not be evaluated right now since the demonstration of the anti-government UDD in Bangkok has not shown any signs to end.

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via Hotels reservation in Bangkok impacted from bloodshed : National News Bureau of Thailand.

Asean

ASEAN economies poised for robust recovery with 6% real GDP growth in 2021

The six largest ASEAN nations (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam) are expected to witness positive real GDP growth rates in 2021 according to Global Data

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Receding daily COVID-19 cases, rollout of vaccines, increased spending by the governments along with easing of monetary restrictions will help revive the Association of Southeast Asian Nations (ASEAN*) economies in 2021 with their real GDP forecasted to rise by 6%, says GlobalData, a leading data and analytics company.

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Thailand new coronavirus cases -59- down to two digits

Of the new cases, 28 were exposed to the virus while visiting high-risk areas. The province with the highest number of infections is Bangkok (10), followed by Samut Sakhon (7).

Boris Sullivan

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Thailand confirmed 59 new coronavirus cases and one additional death on Wednesday, taking its total infections to 12,653 and fatalities to 71, the first day Covid infections are down to two digits since the beginning of the second Covid-19 outbreak in the country in December.

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Business

Alibaba Initiates $3Bln Partnership with Thai Gov in Support of Thailand 4.0

This is probably the first major milestone for Thailand 4.0 economic plan to upgrade Thai economy : a major commitment of a big private investor

Olivier Languepin

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The e-commerce giant’s executive chairman, Jack Ma, was in Thailand this week and has become the first big name to join Thailand’s plan to upgrade its economy known as Thailand 4.0. (more…)

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