Showing 1 - 10 of 14
Tourism minister eager to add B500bn in revenue
Business, Narumon Kasemsuk, Published on 07/06/2024
» Tourism and Sports Minister Sermsak Pongpanich is planning to generate an additional 500 billion baht in tourism revenue this year to reach the record-high target of 3.5 trillion baht by surveying projects that lack a stimulus budget and requesting funds from the cabinet.
Agency relies on festivals, large events
Business, Narumon Kasemsuk, Published on 29/05/2024
» The tourism sector remains robust despite GDP growth of only 1.5% in the first quarter, lower than regional peers, as the industry rebounded faster than other sectors, while the Tourism Authority of Thailand (TAT) plans to keep promoting festivals to maintain income for the whole year.
Tour agents bullish on Taiwan
Business, Narumon Kasemsuk, Published on 31/01/2024
» The Taiwanese inbound market this year is expected to hit a new high of 1 million tourists, assuming the Thai government extends its visa-free scheme until year-end, as the market is among the fastest growing post-pandemic.
Travel trends still sluggish
Business, Narumon Kasemsuk, Published on 12/12/2023
» This year could prove a disappointment not only for inbound tourism, with a weaker recovery than expected, but also for outbound tourism as only 60-70% of the total of Thais that travelled overseas in 2019 are slated to do so in 2023.
TAT prepares new phase of subsidies
Business, Narumon Kasemsuk, Published on 20/10/2022
» The new phase of the domestic tourism subsidy programme is being drafted with an additional 3-4 million hotel rooms, double the number in the fourth phase, which is scheduled to end this month, as the government aims to push GDP growth to 3.3% this year.
Covid policy delays return of Chinese
Business, Narumon Kasemsuk, Published on 19/10/2022
» Even with relaxed rules for foreign-invested travel agencies in some provinces and municipalities in China to conduct outbound tourism, the continuation of the zero-Covid policy means tour operators in Thailand might have to wait until the end of next year for the return of this market.
AirAsia X opposes travel levy
Business, Narumon Kasemsuk, Published on 08/09/2022
» With a full recovery for aviation in sight, stumbling blocks such as the tourism fee the Thai government plans to collect should be set aside as an influx of travellers can create more economic impact than a small levy, according to Tony Fernandes, chief executive of Capital A and acting group chief executive of AirAsia X.
Family has big plans for Chevala venture
Business, Narumon Kasemsuk, Published on 02/08/2022
» With the global wellness industry projected to reach US$7 trillion in 2025, Chevala Wellness, a new business under the Liptapanlop family, aims to capitalise on the trend by rolling out five branches domestically in two years before expanding to other countries.
Thai AirAsia seeks solid recovery plan
Business, Narumon Kasemsuk, Published on 12/05/2022
» Thailand should draw up a long-term recovery plan for tourism as part of the national agenda instead of waiting for organic growth as the travel market remains stagnant, with lower demand than in previous years, according to the executive chairman of Thai AirAsia.
A bad case of déjà vu for Thai tourism
Business, Narumon Kasemsuk, Published on 23/12/2021
» The emergence of the Covid-19 variant Omicron, which has tallied 104 confirmed cases in Thailand, is bringing back bad memories of last year when the second wave stomped on the festive season just a few weeks before the New Year holiday.