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Search Result for “contraction”

Showing 1 - 8 of 8

BUSINESS

Report: Thai hotel rates increased 3% in 2025

Business, Narumon Kasemsuk, Published on 12/02/2026

» The average daily rate for hotels in Thailand surged by 3% last year to 4,984 baht and they recorded a longer average length of stay, with Booking.com, Agoda, and direct hotel bookings generating the most revenue, according to SiteMinder.

BUSINESS

Hat Yai needs 1-2 months to rebuild

Business, Narumon Kasemsuk, Published on 17/12/2025

» Tourism in Hat Yai requires at least 1-2 months for full restoration, while the main source market of Malaysia could decrease as much as 55% in December, resulting in a full-year decline of 11%, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Foreign arrivals poised to grow 5% in February to 3.5m

Business, Narumon Kasemsuk, Published on 12/02/2025

» Thailand is expected to welcome 3.5 million foreign tourist arrivals in February, a 5% increase year-on-year, with all major markets surging between 2% and 20%, except the Chinese market, which is on course to plummet by 7% due to safety concerns, according to the Tourism Authority of Thailand (TAT).

LIFE

Travel despair crushes high season hopes

Business, Narumon Kasemsuk, Published on 29/09/2021

» The travel industry looks set to lose another high season after the latest tourism confidence index hit an all-time low, despite Thailand's reopening plans and domestic stimulus campaigns.

BUSINESS

TAT predicts B1.5tn in best case for 2021

Business, Narumon Kasemsuk, Published on 12/10/2020

» Tourism could generate 1.5 trillion baht in revenue next year in the best-case scenario if market sentiment improves by April at the earliest, says the Tourism Authority of Thailand (TAT).

BUSINESS

TAT predicts 80% plunge in arrivals

Business, Narumon Kasemsuk, Published on 08/07/2020

» A new forecast by the Tourism Authority of Thailand (TAT) says the number of foreign tourists this year may plunge 80% to 8.2 million as revenue slides to 396 billion baht, with international air traffic regaining just 10% of the pre-pandemic schedule.

BUSINESS

TAT slashes revenue target for 2020

Business, Narumon Kasemsuk, Published on 07/02/2020

» The tourism sector is heading for its first revenue contraction in a decade as Chinese tourists, the biggest source market, remain under lockdown amid fears of a pandemic.

BUSINESS

TAT slashes revenue target for 2020

Business, Narumon Kasemsuk, Published on 06/02/2020

» The tourism sector is heading for its first revenue contraction in a decade, as Chinese tourists, the biggest source market, are under lockdown amid fears of a pandemic.