Showing 1 - 10 of 11
Tourism slump hurts Bangkok restaurants
Molpasorn Shoowong, Published on 27/05/2025
» Weak domestic spending and sluggish foreign tourism, particularly from the Chinese market, have caused restaurant revenue on Bangkok’s popular Banthat Thong Road to dip by 40-50%, according to the Bantadthong Association.
Tourism surveys Chinese market
Business, Molpasorn Shoowong, Published on 03/05/2025
» While the government is hoping tourism can drive the economy during its "Amazing Thailand Grand Tourism and Sports Year 2025" campaign, the industry has been hit by several setbacks, resulting in slower growth since the pandemic.
Tariffs to hit tourism sentiment
Business, Molpasorn Shoowong, Published on 09/04/2025
» The ongoing stock market slump fuelled by US tariffs could impact domestic tourism sentiment for the rest of the year, including next week's Songkran holiday, with fewer last-minute hotel bookings and tour groups.
Chinese tourist flows to Thailand likely to stay flat
Business, Molpasorn Shoowong, Published on 17/12/2024
» The inbound Chinese market next year should remain flat and is unlikely to change much from 2024 with around 7-8 million arrivals, attributed to persistent economic challenges in China, including the impact of the incoming Trump administration's anticipated tariff hikes, according to the Association of Thai Travel Agents (Atta).
Hostels demand new regulations for sector amid slump
Molpasorn Shoowong, Published on 20/11/2024
» Hostel operators are calling for a new accommodation regulation dedicated to them, as the Hotel Act is not feasible for small-scale businesses with a low budget, according to the Hostel Thailand Association.
TAT widens net in bid to capture more of the Chinese market
Business, Molpasorn Shoowong, Published on 01/08/2024
» With 8 million Chinese tourist arrivals projected for 2024, the Tourism Authority of Thailand (TAT) is diversifying its target to niche markets who still have plenty of purchasing power, including young travellers, small meeting groups, and caravan tours.
Thailand promotes sustainable city exploration on foot
Business, Molpasorn Shoowong, Published on 29/07/2024
» Tourism is a service sector driven by people's proclivity to travel and their consumption habits while travelling. Strolling through a town or city to explore the local attractions and features has become a popular activity among tourists seeking to gain in-depth knowledge about local neighbourhoods.
Mice segment poised to slow down
Business, Molpasorn Shoowong, Published on 23/12/2023
» The Mice (meetings, incentives, conventions and exhibitions) industry this year is estimated to recover to 80% of the 2019 level in terms of revenue, but it may slow in 2024 as pent-up demand eases, according to the Thailand Incentive and Convention Association (Tica).
Hoteliers unfazed by China's property woes
Business, Molpasorn Shoowong, Published on 24/08/2023
» Thai hotel companies are to forge ahead with their expansion plans as they remain unfazed by mainland China's real estate slump, though purchasing power must be monitored for any declines, according to Dusit International.
Japanese visitors unlikely to hit TAT target
Business, Molpasorn Shoowong, Published on 10/07/2023
» The Tourism Authority of Thailand (TAT) acknowledges that inbound Japanese visitors are unlikely to reach its target of half of the 2019 level this year because of a slow resumption of flights and a weak yen, while travel agents have voiced concerns about potential political unrest.