Showing 1-10 of 33 results
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Younger Asian tourists opt for cheaper regional holidays
Business, Molpasorn Shoowong, Published on 26/04/2024
» With travel costs soaring, more tourists from Asia-Pacific are opting for intra-regional trips, particularly Gen Z and millennials, as a majority of younger adults want to save up for trips, according to Marriott International.
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Songkran expected to provide revenue kick-start in Q2
Business, Molpasorn Shoowong, Published on 11/04/2024
» Although the second quarter is considered the low season, Thai tourism is forecast to earn 614 billion baht in revenue as domestic trips exceed the first-quarter tally thanks to Songkran events this month, according to the Tourism Authority of Thailand (TAT).
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Airline projects robust revenue
Business, Molpasorn Shoowong, Published on 30/03/2024
» Bangkok Airways projects 20% growth this year in passenger revenue as demand revives and the company adjusts its pricing strategy, with forward bookings robust for Songkran and the second quarter.
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Retail sector still sensitive
Business, Molpasorn Shoowong, Published on 11/03/2024
» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.
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Europeans drive up room rates in the South
Business, Molpasorn Shoowong, Published on 22/02/2024
» Longer stays from European guests helped drive room revenue in the first quarter in southern provinces, as room rates set a new record despite a small number of Chinese tourists.
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China market dents tourism income
Business, Molpasorn Shoowong, Published on 27/01/2024
» Slower growth of Thai tourism receipts in 2023 compared with Asian peers is attributed to the sluggish Chinese market, which flocked to other countries, as well as Thai hotels' inability to adjust their prices.
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Sector banking on Chinese New Year
Business, Molpasorn Shoowong, Published on 26/01/2024
» Chinese arrivals during the Lunar New Year holiday are expected to total 20,000 to 25,000 per day, according to the Association of Thai Travel Agents (Atta).
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Organiser upbeat on growing expenditure
Business, Molpasorn Shoowong, Published on 24/01/2024
» Growing expenditure at food and packaging trade shows signifies a recovering economy and positive momentum for business tourism this year, with Thailand remaining a popular destination for the Mice (meetings, incentives, conventions and exhibitions) segment, according to trade show organiser Informa Markets Thailand.
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TCEB eyes 23m Mice visitors
Business, Molpasorn Shoowong, Published on 18/01/2024
» The Thailand Convention and Exhibition Bureau (TCEB) is targeting at least 23.1 million Mice (meetings, incentives, conferences and exhibitions) visitors in its fiscal 2024, generating 136 billion baht or 75% of the level recorded in 2019.
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Strategy to achieve tourism targets revealed
Business, Molpasorn Shoowong, Published on 18/01/2024
» The Tourism and Sports Ministry said the target of 3.5 trillion baht in revenue and 40 million foreign arrivals this year set by Prime Minister Srettha Thavisin remains a challenge, but it plans to drive spending and longer stays through soft power products, events and safety measures.
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