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Industry Outlook Analysis

27 Oct 2020

Tourism

Domestic travel market in the final stretch of 2020; Thais have travel plans but also worry over COVID-19, the economy and politics (Current Issue No.3152)

After the government managed to successfully contain the spread of COVID-19 and issued stimulus packages like the ‘We Travel Together’ campaign to boost domestic tourism, the number of Thai tourists traveling domestically markedly increased. Based on data provided by the Ministry of Tourism and Spor... Read more

18 Jun 2020

Tourism

Domestic stimulus packages after easing of the lockdown encouraging Thais to travel domestically to generate income of around THB 41 billion (Current Issue No.3118)

The COVID-19 situation in Thailand has improved to the extent that the government has eased lockdown measures on interprovincial travel, public transport systems, airports and tourist destinations, allowing services in these sectors to return to normal. On June 16, 2020, the Thai cabinet approved th... Read more

30 Apr 2020

Tourism

Domestic Travel Faces New Challenges Post COVID-19 …Thais Projected to Make only 79.5-89.5 Million Domestic Trips in 2020 (Current Issue No.3104)

An improvement in the COVID-19 situation is being seen in Thailand as the number of new infections nationwide has declined steadily while no new cases were found in many provinces for many days. This represents a positive sign for the country and if no new infections are found, people and businesses... Read more

24 Jan 2020

Tourism

Closely monitoring effects from an outbreak of 2019 Novel Coronavirus in China on 2020 Chinese tourism market in Thailand (Current Issue No.3077)

The outbreak of the 2019 Novel Coronavirus (n-CoV) that originated in Wuhan, Hubei province, in late 2019 has caused more patients to sicken and the death toll has risen. Meanwhile, more confirmed cases have been found in other Asian countries, including Thailand, and the US. The Chinese authoritie... Read more

3 Jan 2020

Tourism

2020 is a challenging year for inbound tourism…with international travelers expected to increase 2.0%-3.0% or 40.5-40.9 million people (Current Issue No.3068)

Inbound tourism in 2020 faces a daunting prospect, which affects the number of international tourists and their spending. The market lacks new factors while risks remain and have even worsened. For example, the gloomy global economic sentiment could discourage the international travelers’ activities... Read more

22 Oct 2019

Tourism

4Q19: Bangkokians are travelling inside the country more… tourism receipts expected to hit 60 billion Baht (Current Issue No.3043)

During October-December 2019, 76.9 percent of people living in Bangkok have planned to travel, up slightly from the survey in the same period last year; 22.2 percent of the sampled group said the government’s tourism stimulus measures (in October-November 2019) affect their decisions to travel.... Read more

10 Oct 2019

Tourism

Number of European Tourists Visiting Thailand Projected to Reach 6.66 Million, Shrinking 1.5% YoY in 2019 (Current Issue No.3040)

Europe is Thailand’s important foreign tourist market because a large number of European tourists tends to visit Thailand during the final quarter of every year. In addition, they typically take long vocations here and help generate substantial income for travel-related businesses.... Read more

26 Sep 2019

Tourism

Growth Seen in Chinese Tourists during the Remainder of 2019, Bringing Total Arrivals to 10.80-10.99 Million in 2019 (Current Issue No.3035)

The number of Chinese tourist arrivals to Thailand is recovering gradually, with growth seen for the first time in July through to August 2019 at 1 million visitors. The rebound was attributable to a number of factors, including a visa on arrival (VOA) fee reduction scheme, proactive marketing campa... Read more

20 Aug 2019

Tourism

Tourism Stimuli to Help Bolster Domestic Tourism Income to THB1.12 Trillion in 2019 (Current Issue No.3024)

On August 20, 2019, aside from the extension of visa-on-arrival fee waiver for Chinese and Indian citizens, which is scheduled to expire at the end of October 2019, to the end of April 2020, the Cabinet also approved a number of measures, aimed at stimulating domestic tourism. These include: 1) A 1,... Read more

13 Aug 2019

Tourism

Hong Kong Airport shutdown will affect earnings from inbound Hong Kong tourists to at least THB1.4 billion (Current Issue No.3020)

The standoff between the authorities and protesters in Hong Kong since June 2019 has escalated to the airport shutdown last weekend from August 9-12, 2019. Flights were cancelled with chaotic effects spreading out across the island. Although the airport reopened on August 13, 2019, uncertainty still... Read more