The prolonged demonstrations of the United Front of Democracy Against Dictatorship (UDD) is expected to have adverse effects on the Thai economy, according to Deputy Prime Minister of Economic Affairs, Trairong Suwannakhiri.

A dampened tourism climate is expected for this year’s Songkran Festival, due to lowered tourism confidence as a result of the current political situation and constant bombing attacks, said Mr Trairong.

Based on his recent trips to the North and Northeast, Mr Trairong expects tourism figures to decrease this year, compared to last year, especially in Chiang Mai, where lively Songkran celebrations usually take place.

Trip cancellations have resulted in low hotel occupancy rates and air bookings. Tourism revenue this year can potentially contract by 4.7% if the political situation remains unsolved.

via Prolonged rallies may lead to 4.7% contraction in tourism sector : National News Bureau of Thailand.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Updated! TEST & GO scheme resumed from 1 February 2022

Kindly note the information is to serve as reference only. It is especially important to check in regularly on www.tatnews.org to stay current on what remains a very fluid and fast changing situation.

Thailand further eases COVID-19 curbs nationwide, allowing New Year countdown festivities

The New Year countdown festivities will be allowed to take place under the COVID-free setting guidelines, which include vaccination requirement, universal prevention, health and hygiene measures, and antigen testing.

Thailand welcomes Saudia’s first flight from Riyadh to Bangkok

Saudia’s Flight SV846 from Jeddah-Riyadh touched down at Bangkok’s Suvarnabhumi Airport yesterday evening (28 February) at 18.05 Hrs., marking the first regular commercial flight between Saudi Arabia and Thailand after 32 years.