21 Dec 2022
Tourism
It is expected that Thailand’s tourism will be busy once again after a two-year hiatus as more Thais intend to travel in the country while foreign travelers are planning to visit Thailand during the upcoming New Year 2023 festive season. As a result, cash flows in travel-related businesses here may reach roughly THB30 billion from December 30, 2022 to January 2, 2023, amounting to around 50 percent of the total amount reported during the same period of 2019 (before the COVID-19 pandemic). ... Read more
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13 Aug 2019
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 persists because the political demonstrations are expected to continue. The gridlock does not only impact the business confidence in Hong Kong’s economy but also causes disruption at one of the world’s busiest airports, affecting outbound Hong Kong holidaymakers that includes those planning on coming to Thailand.... Read more
11 Apr 2018
KResearch expects domestic travel in Thailand in the first half of 2018 to continue its boom, driven by various factors including “Go Local” campaign and the long holiday during Songkran festival. Thais are going back to their hometowns to reunite with their families and celebrate Thai New Year, while taking leisure trips during their homecomings as well.... Read more