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28 Aug 2009

Tourism

Tourism in Bangkok, 2009: Sluggish, Foreign Tourists Contracting 10% (Busines Brief No.2613)

A number of negative factors at home and abroad during 2H08 and through to 1H09, such as political turmoil, the temporary closures of Don Muang and Suvarnabhumi airports, unrest in Pattaya and Bangkok during the Songkran festival, outbreak of H1N1 flu, as well as the domestic and global economic downturns, have adversely affected Thailand's tourism – including that within Bangkok.
The number of foreign tourists visiting Bangkok has contracted deeply. During 2009, KASIKORN RESEARCH CENTER (KResearch) projects that 35 million tourists may travel to Bangkok – dropping 2.1 percent YoY, generating THB305 billion in revenue – dropping 4.1 percent YoY. The number of foreign tourists (particularly, from highly sensitive markets, such as Japan and China) that account for thirty percent of all tourists traveling to Bangkok, is projected to decline 9.5 percent, thus putting the income from all foreign tourists to drop 9.8 percent.

Meanwhile, the number of Thai tourists coming to Bangkok this year will likely be on a par with the 25 million tourists of 2008, increasing only 1.2 percent, generating income of around THB185 billion.

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