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Search Result for “Consumption”

Showing 1 - 10 of 25

BUSINESS

Tourism braces for impact of Mideast war

Business, Narumon Kasemsuk, Published on 10/03/2026

» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.

BUSINESS

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

BUSINESS

Former tourism boss touts measures for 2026 comeback

Business, Narumon Kasemsuk, Published on 22/10/2025

» Despite a tourism downturn this year, Thailand should not lose its grip on promoting the markets next year, as the government should quickly fix perceptions concerning the lack of safety by revamping its image to resemble a trusted destination and by partnering with airlines to maintain seats and affordable airfares, in order to increase revenue by 8% to 1.63 trillion baht as targeted.

BUSINESS

New tourism minister eyes domestic spending

Narumon Kasemsuk, Published on 26/09/2025

» Thailand’s new tourism and sports minister wants to see the sector return to its healthy pre-pandemic level next year, prioritising budget usage to subsidise local consumption rather than giving handouts to foreign tourists.

BUSINESS

Phuket hotels see solid high season

Business, Narumon Kasemsuk, Published on 25/03/2025

» Despite a sharp decline in Chinese arrivals flying direct to Phuket, hotels in the island could still record a solid high season for January and February with a 92% occupancy rate and average room rate surging 15% to 5,557 baht.

BUSINESS

The lowdown on long-stay visas

Business, Narumon Kasemsuk, Published on 01/03/2025

» Online debate over granting 60-day visa exemptions for tourists has intensified, fuelled by a string of incidents involving condos in Bangkok being illegally rented out on a daily basis, specifically targeting tourists.

BUSINESS

Chiang Mai takes on air quality challenge

Business, Narumon Kasemsuk, Published on 30/01/2025

» As tourism operators in Chiang Mai brace for the smog season over the coming months, they hope the pollution will be less severe this year than in previous years.

BUSINESS

Mice market set to beat expectations

Business, Narumon Kasemsuk, Published on 26/06/2024

» International visitors are expected to drive the Mice (meetings, incentives, conferences and exhibitions) segment in Thailand to exceed the target by 5% this year, which would help compensate for the sluggish domestic market.

BUSINESS

TAT survey notes spending surge

Business, Narumon Kasemsuk, Published on 06/03/2024

» Foreign tourists spent more on accommodation following the pandemic and opted for street food more than fine dining, while TikTok has gained prominence among people seeking information and inspiration for trips to the nation, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Hotel margins dented by rising costs

Business, Narumon Kasemsuk, Published on 03/02/2024

» The end of reductions for property tax and elevated energy prices this year have pushed up operating costs for hotels by at least 10%, leading to lower margins even as they service more guests.