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Search Result for “rate cut”

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GENERAL

TAT points to shortfall in marketing budget

Business, Narumon Kasemsuk, Published on 04/01/2024

» As the fiscal budget 2024 for tourism marketing has been set at a much lower rate than the benchmark in 2019, the Tourism Authority of Thailand (TAT) admitted that it would be challenging to stimulate foreign arrivals from 28 million in 2023 to 40 million within this year.

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GENERAL

Bangkok Air keen on Phangnga airport

Business, Narumon Kasemsuk, Published on 09/09/2023

» Bangkok Airways is eager to invest in the new airport planned for Phangnga if the government switches its plan from a public project to a public-private partnership scheme, as the project has high potential to become a new tourism hub in Thailand.

BUSINESS

Downturn hits exhibitions as firms cut costs

Business, Narumon Kasemsuk, Published on 21/10/2022

» The global economic slowdown has affected the exhibition business in Thailand as international exhibitors and visitors cut costs and downsize their spaces.

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BUSINESS

Hoteliers urge rethink of land tax

Business, Narumon Kasemsuk, Published on 27/04/2022

» Though Thailand tested the waters with the Sandbox and Test and Go reopening schemes last year, the tourism industry still struggled to post arrival numbers anywhere close to the pre-pandemic level, as the total number of foreign visitors last year tallied 427,869.

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BUSINESS

Tourism authority tests the water with rules for 7 destinations

Business, Narumon Kasemsuk, Published on 28/08/2021

» For the upcoming tourism high season, which usually starts in early October, the country is likely to have five destinations taking part in reopening schemes and another two joining extension programmes.

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BUSINESS

TAA chief expecting measured progress

Business, Narumon Kasemsuk, Published on 30/04/2021

» Thai AirAsia (TAA) sees the resumption of international flights as a key for airlines to make a profit, but this may not happen for two years as the country's reopening scheme may face further challenges.

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BUSINESS

New wave to dampen festival tourism

Business, Narumon Kasemsuk, Published on 10/04/2021

» The new Covid-19 outbreak is expected to cut tourism receipts by half during the Songkran festival after many provinces have voluntarily imposed a 14-day quarantine, while dozens of events have been cancelled or postponed, says the Tourism Authority of Thailand (TAT).

BUSINESS

Airlines still struggle thanks to competition

Business, Narumon Kasemsuk, Published on 18/03/2021

» Though more flights have been planned for the Songkran holiday next month, air traffic in Thailand remains unpredictable as airlines still face losses amid intense competition, according to Nok Air.

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BUSINESS

TLA adopts a realistic approach

Business, Narumon Kasemsuk, Published on 25/11/2020

» Thai Lion Air (TLA) is predicting another gloomy year for global tourism as the airline prepares for the worst possible scenario, an extended period without international tourists.

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BUSINESS

Thai AirAsia wants regulators to lift restriction on middle seat

Business, Narumon Kasemsuk, Published on 12/06/2020

» Thai AirAsia (TAA) will ask regulators to change the rule requiring airlines to keep middle seats open, aiming to increase capacity ahead of the government's domestic tourism promotion next month.