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Search Result for “decline”

Showing 1 - 10 of 46

BUSINESS

Bangkok Airways to raise domestic airfares by up to 20%

Business, Narumon Kasemsuk, Published on 28/03/2026

» SET-listed Bangkok Airways plans to increase domestic airfares by 15-20% from April 1 to counter rising fuel costs and a 3% decline in second-quarter forward bookings, and may negotiate with the Civil Aviation Authority of Thailand (CAAT) to extend the airfare ceiling if operating costs continue to soar.

BUSINESS

Hotels slash rates to lure Songkran market

Business, Narumon Kasemsuk, Published on 24/03/2026

» Concerned by a nosedive in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.

BUSINESS

Thai travel agents pessimistic about long-haul rmarket recovery

Narumon Kasemsuk, Published on 10/03/2026

» Thailand’s tourism industry is struggling with the sudden impact from the Middle East conflict on long‑haul travel, with weekly arrivals down 13% due to flight disruptions.

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

Chiang Mai tourism in flux

Business, Narumon Kasemsuk, Published on 09/02/2026

» Chiang Mai, once dominated by Chinese visitors, has gradually changed as the foreign market diversifies, with more arrivals from South Korea and Japan, as well as a notable resurgence of long‑haul tourists.

BUSINESS

Northeastern arrivals dip amid crackdown

Business, Narumon Kasemsuk, Published on 20/01/2026

» Tourist arrivals through four immigration checkpoints along Thailand's northeastern border fell by half in January, as authorities continue to strictly curb visa runs, while overall arrivals to the country are expected to decline by 18%.

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

Domestic airfares continue to decrease

Business, Narumon Kasemsuk, Published on 04/12/2025

» Despite a dispute over expensive airfares to flood-stricken Hat Yai, average domestic ticket prices this year continued to decline, as low-cost carriers fled from underperforming Chinese routes to add domestic flights and avoid competition with state-backed Chinese airlines.

BUSINESS

PM to meet tourism operators to discuss stimulus efforts

Business, Narumon Kasemsuk, Published on 14/11/2025

» Prime Minister Anutin Charnvirakul is scheduled to meet tourism operators next week to prepare stimulus measures, while the Airlines Association of Thailand (AAT) urged the government to resume the paused scheme of free domestic flights for foreign tourists.

BUSINESS

Better use of state agency meeting budget could help hotels

Narumon Kasemsuk, Published on 07/10/2025

» Thai hotel operators have applauded the finance minister’s decision to accelerate use of the 10-billion-baht meeting and seminar budget for government agencies, although they would prefer the stimulus to begin in May next year to cushion the low-season impact.