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Search Result for “liquidity crisis”

Showing 1 - 10 of 71

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

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

Call for tourism relief blueprint

Business, Narumon Kasemsuk, Published on 28/11/2025

» The Tourism Council of Thailand (TCT) has proposed a 60-day relief framework to ease the impact on tourism businesses caused by severe flooding in the South, with damages estimated at more than 10 billion baht.

BUSINESS

Tourism revival goes into reverse

Business, Narumon Kasemsuk, Published on 21/07/2025

» Over the past three years, Thai tourism has been struggling to regain the peak it once reached prior to the pandemic, while neighbouring countries Malaysia and Vietnam have already surpassed their performance in 2019, recording 37 million and 17 million tourist arrivals, respectively.

BUSINESS

Tour firm seeks to restore China market

Business, Narumon Kasemsuk, Published on 11/06/2025

» With Chinese arrivals plummeting by 32.7% in the first five months, a major Chinese travel agency has proposed strategies to weather the crisis of confidence in Thailand and China's economic slowdown, while emphasising that casinos may not be the right solution to restore this market.

BUSINESS

Travel agents say China market on the mend

Narumon Kasemsuk, Published on 29/05/2025

» A number of Chinese travel agents believe the worst is behind Thailand, with arrivals from China gradually increasing and set to reach the minimum target of 5 million this year.

BUSINESS

Tourism reform call as foreign arrivals in Thailand plunge

Business, Narumon Kasemsuk, Published on 16/05/2025

» Thailand needs to urgently address the freefall in foreign arrivals, which is more pronounced this quarter among both leisure and corporate travellers, by reforming the sector and creating new destinations, according to a former head of the Tourism Authority of Thailand (TAT).

BUSINESS

Operators scrutinise new Provincial Administrative Organization chiefs

Business, Narumon Kasemsuk, Published on 31/01/2025

» With Provincial Administrative Organization (PAO) elections being held nationwide on Saturday, tourism operators hope the new PAO chiefs can integrate their development plans with public tourism agencies to tackle ongoing issues.

BUSINESS

US urged to launch direct Thai flights

Business, Narumon Kasemsuk, Published on 06/12/2024

» The Tourism Authority of Thailand (TAT) plans to encourage US airlines to undertake the first-ever direct flights to Thailand, as Thai carriers seem unlikely to add the routes, following regulators reopening the flights from next year.

BUSINESS

Hotel operators keen on reviving co-payment scheme

Business, Narumon Kasemsuk, Published on 20/09/2024

» Hotel operators have applauded the idea of reviving the co-payment scheme for hotel expenses as it could help encourage domestic purchasing, while related stakeholders raised concerns over 1,400 unresolved fraud cases from previous phases of the scheme.