Showing 1 - 10 of 43
Tourism firms seek supply-side initiatives
Business, Narumon Kasemsuk, Published on 11/06/2024
» The private sector has collectively called for attention to be paid to tourism's supply side after the prime minister insisted on refraining from the collection of a 300-baht tourism fee from foreign tourists, which was meant to be used to set up a tourism development fund.
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.
Tourism revenue to miss state target by B500bn
Business, Narumon Kasemsuk, Published on 06/06/2024
» The most realistic scenario for Thai tourism revenue this year is 3 trillion baht, missing the government goal of 3.5 trillion baht, as many target markets have been hit by an economic downturn, according to the Tourism Authority of Thailand (TAT).
TAT expects more trips to drive income
Business, Narumon Kasemsuk, Published on 12/01/2024
» The Tourism Authority of Thailand (TAT) aims to increase tourism revenue in 55 secondary provinces by 20%, with a total of 91 million trips this year, although the target lags the goal for key provinces.
TAT points to shortfall in marketing budget
Business, Narumon Kasemsuk, Published on 04/01/2024
» As the fiscal budget 2024 for tourism marketing has been set at a much lower rate than the benchmark in 2019, the Tourism Authority of Thailand (TAT) admitted that it would be challenging to stimulate foreign arrivals from 28 million in 2023 to 40 million within this year.
TAT targets long-haul revenue
Business, Narumon Kasemsuk, Published on 27/12/2023
» Long-haul markets are expected to be a significant revenue driver for Thai tourism in 2024, with their contribution exceeding pre-pandemic levels by seven percentage points, according to the Tourism Authority of Thailand (TAT).
TAT places bet on final 2 months
Business, Narumon Kasemsuk, Published on 03/11/2023
» The tourism sector needs to maintain its momentum in the final two months of the year to reach its revenue target of 2.38 trillion baht as total receipts tallied 1.67 trillion for the first 10 months, says the Tourism Authority of Thailand (TAT).
New foreign tourism goal set at B3tn
Business, Narumon Kasemsuk, Published on 15/09/2023
» The new tourism and sports minister set a new record target for foreign tourism receipts of 3 trillion baht, up from 1.9 trillion in 2019, aiming to establish the country as a sports and entertainment hub.
Tourism sector demands more help
Business, Narumon Kasemsuk, Published on 30/08/2023
» The sluggish economies in China and Japan as well as an unequal tourism recovery that favours large operators are seen as the the most critical challenges for the new government by tourism operators.
Council urges effort to woo foreign retirees
Business, Narumon Kasemsuk, Published on 15/06/2023
» The Tourism Council of Thailand (TCT) has urged the new government to establish the country as a destination for retirees, while calling for the removal of regulatory barriers pertaining to supply development.