About 10.5 million foreign tourists visited the Kingdom during the first half of this year, up 7.6 per cent year on year, led by 1.1 million Chinese nationals, according to the Tourism Authority of Thailand. The agency plans to boost its forecast for full-year 2012 to 20.5 million arrivals generating revenue of Bt846 billion for the Thai economy.
Even while facing risks from the worsening financial crises in Europe and political uncertainty at home, amid other negative factors, the statistics look impressive, and this should mean handsome profits for the hotel industry, which generates 30 per cent of Thailand’s tourism revenue. However, because of the large supply of rooms, hotels cannot raise room rates, and compared with hotels in neighbouring countries, Thailand’s are operating with the lowest average rates.
According to data from the Pacific Asia Travel Association (PATA), Thailand was the most outstanding destination in Southeast Asia in the first half.
Of 36.79 million visitors to the region, Thailand attracted 10 million, even as the global financial crisis made long-haul travel from Europe and North America less attractive. In the period, Singapore drew 5.92 million tourists, Malaysia 9.43 million and Vietnam 3.36 million.
TAT expects 850 billion baht ($25.7 bln) in tourism revenue after successful reopening
The Tourism Authority of Thailand (TAT) has set this year’s revenue target at 850 billion baht, 300 billion of which will come from 3 million international visitors and the remaining 550 billion from the domestic market.
BANGKOK (NNT) – Following the launch of the Phuket Sandbox tourism scheme on July 1st this year, many foreign tourists moved by the warm hospitality of the people of Phuket, are looking forward to visiting other provinces, such as Chiang Mai and Bangkok.(more…)
‘SHA Plus’ certificate awarded to more tourism businesses in Phuket
The Amazing Thailand SHA certification is an important safety net in Thailand during the ongoing COVID-19 pandemic, providing peace-of-mind to everyone as it covers mixed used establishments that cater to all walks of life.
The Tourism Authority of Thailand (TAT) today presented the Amazing Thailand Safety and Health Administration (SHA) Plus Certificate to more tourism businesses in Phuket, following the first ‘SHA Plus’ certificate presentation held in Phuket on 12 June, 2021.(more…)
Thailand Approves Package to Attract Wealthy Foreigners and Professionals
Thailand’s Cabinet has approved an economic stimulus and investment promotion package aimed at attracting wealthy foreigners and highly skilled professionals...
The Role of Telemedicine Today: During and Beyond the COVID-19
Lockdowns, quarantine periods, and hospitals fast filling to the brink needed the medical community to come up with solutions fast....
Malaysia, Thailand banks to join the ASEAN Banking Integration Framework
Banking institutions from Thailand and Malaysia are invited to join the ASEAN Banking Integration Framework and indicate their interest to...
Climate Change Could Force 49 Million People to Migrate in East Asia and the Pacific
Out-migration hotspots in agricultural areas of central Thailand and Myanmar coincide with areas expected to see declines in both water...
Thailand BOI Approves Measures to Support Carbon Reduction
greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support...