Connect with us
CGIF-10th-Year-Anniversary

Tourism

Federation of Thai Tourism Associations (FETTA) fears huge loss

The continued anti-government rally by the red-shirts is severely hurting the country’s tourism sector, spokesman for the Federation of Thai Tourism Associations (FETTA), Charoen Wangananont, said on Thursday.

Avatar

Published

on

thai beach tourism TAT

The continued anti-government rally by the red-shirts is severely hurting the country’s tourism sector, spokesman for the Federation of Thai Tourism Associations (FETTA), Charoen Wangananont, said on Thursday.

Excerpt from:
Tourism sector fears huge loss

The Thai baht has appreciated, but only to the extent of other regional exchange rates. The baht has appreciated 4.9 percent in 2009, compared for example to over 30 percent of the Brazilian real.

Key risks to the outlook are political uncertainty and the timing of the withdrawal of fiscal and monetary stimulus. Increased political tensions may have a long-lasting impact on investment, and withdrawal of stimulus (in Thailand and the advanced economies) must be precisely timed to avoid macroeconomic imbalances (including new asset bubbles) while also ensuring that the recovery is on a sufficiently solid footing.

Automotive exports – the second largest item in the country?s exports after electronics – fell sharply early this year by about 45 percent from a year before. (During 2009, exports slumped through May before rebounding in the third quarter, although data of late suggest some leveling off of foreign demand.) Compared with electronics, automotive exports are half as large in value but have twice as large value-added per unit of output, leaving the contributions of both sectors to GDP about equal.

Against the backdrop of a weakening US dollar and mounting trade surpluses, East Asian currencies and Thai baht have appreciated only modestly

Tourism sector fears huge loss

Most of the infrastructure development in Thailand has been responsive to demand rather than forward-looking. Availability and accessibility appear to no longer be a challenge. The next step for Thailand is to put more emphasis on quality of service delivery, management, and sound regulation.

Comments

Tourism

Thailand eases travel restrictions for 56 countries

Tourists from 56 countries including Australia, United Kingdom, France, Sweden, Switzerland, and the United States can now travel to Thailand without visas.

Boris Sullivan

Published

on

The Thai government is easing travel restrictions for citizens from 56 countries to help the country’s pandemic-hit tourism industry recover, but foreign visitors are still required to undergo a mandatory 14 days hotel quarantine.

(more…)
Continue Reading

Tourism

TAT Launches “Single Journey” Tours encouraging Single people to travel domestically

The Tourism Authority of Thailand (TAT) has launched a special tourism program, the “Single Journey” promoting nine programs that are suitable for single people.

Boris Sullivan

Published

on

The Tourism Authority of Thailand (TAT) together with Thai Smile Airways, leading online travel and lifestyle platform Drive Digital, and application Tinder have launched a collection of new ‘Single Journey’ tours around Thailand specifically designed for the single traveller.

(more…)
Continue Reading

Tourism

TAT & Locanation launch new hotel bookings platform touting “Quarantine Paradise”

One-stop solution provides foreign visitors to Thailand with world-class information and direct ASQ hotel bookings for quarantine and control convenience

Boris Sullivan

Published

on

The Tourism Authority of Thailand (TAT) and Thailand-based Locanation Company Limited jointly launch the newly-developed asq.locanation.com website under the ‘ASQ Paradise’ project to provide arriving foreign visitors with world-class information regarding standards for quarantine and control at Alternative State Quarantine (ASQ) hotels located around Thailand.

(more…)
Continue Reading
Advertisement

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,413 other subscribers

Trending