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Search Result for “inflation”

Showing 1 - 10 of 26

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

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.

BUSINESS

Weak baht unlikely to hit Thai travellers

Business, Narumon Kasemsuk, Published on 06/10/2023

» The outbound travel market is not expected to be critically affected by the weak baht and fluctuations in foreign currency exchange as prospective tourists with purchasing power are ready to travel during the cool season, while airlines are increasing flights.

BUSINESS

Airbnb upbeat as tourism rebounds

Business, Narumon Kasemsuk, Published on 05/05/2023

» Airbnb closed 2022 with an impressive turnaround as the pandemic-hit business reported its first annual profit on revenue growth of 40% to US$8.4 billion, with net income of $1.9 billion.

BUSINESS

TAT preps B1.9bn promotion

Business, Narumon Kasemsuk, Published on 26/01/2023

» The Tourism Authority of Thailand (TAT) is preparing to spend an additional 1.9 billion baht to increase airline seat capacity, aiming to connect big cities that still have potential to spend amid the downturn.

BUSINESS

Tourist arrivals set to slow next year

Business, Narumon Kasemsuk, Published on 29/11/2022

» The tourism sector might be challenged by a slow market in the second quarter next year as there will be no more pent-up demand which fuelled the market this year, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Domestic tourist spending still tepid

Business, Narumon Kasemsuk, Published on 22/10/2022

» Local tourism this year has been marked by a higher volume of short trips, with inflation and flooding affecting average spending per person, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Weaker baht hits travel

Business, Narumon Kasemsuk, Published on 27/09/2022

» Outbound Thai travel is expected to stay subdued as a result of the weak baht, poor purchasing power and cryptocurrency losses, despite the reopening of Japan and Taiwan.

BUSINESS

TAT introduces campaign to entice Japanese visitors

Business, Narumon Kasemsuk, Published on 23/09/2022

» As currency depreciation in Japan looms large, Thai tourism operators want to capitalise on pent-up demand in the final quarter by partnering with tour agencies to fill up 45% of the available airplane seats.

BUSINESS

Operators, travellers await Japan visa move

Business, Narumon Kasemsuk, Published on 17/09/2022

» Tour operators and travellers are awaiting confirmation of the new entry rules for Japan after the government hinted that the visa requirement will be lifted in October.