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BUSINESS

TAT banking on e-visas

Business, Narumon Kasemsuk, Published on 05/10/2022

» With Malaysian tourists becoming the first source market to reach 1 million and reopening of more countries in sight, Thai tourism could realise an even stronger rebound among the Asian market if e-visas are adopted and international flights resume, according to the Tourism Authority of Thailand (TAT).

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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.

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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.

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BUSINESS

Nationwide flooding slows tourism

Business, Narumon Kasemsuk, Published on 13/09/2022

» The impact of flooding in 21 provinces nationwide is expected to slow tourism in the third quarter and corporate travel in particular, while pent-up demand from delayed trips might cause congestion in the final quarter.

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BUSINESS

AirAsia X set to ramp up cargo services

Business, Narumon Kasemsuk, Published on 14/09/2022

» AirAsia X plans to ramp up its cargo service to increase its revenue contribution to 20-25%, from single digits, in addition to synergising passenger routes with airlines in its group to improve efficiency as airfares rise.

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BUSINESS

Hotel rates low despite surging costs

Business, Narumon Kasemsuk, Published on 15/09/2022

» Hotels are struggling to raise room rates amid intense competition in the industry, despite pressure from higher operational costs due to surging electricity bills and wages.

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BUSINESS

Cathay Pacific sees clearer skies

Business, Narumon Kasemsuk, Published on 16/09/2022

» Cancellation of the mandatory quarantine in Hong Kong is the key to recovery for Cathay Pacific as the airline has prepared both seat capacity and is recruiting more air crew for business resumption.

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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.

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BUSINESS

Poor revenue outlook despite rising flights

Business, Narumon Kasemsuk, Published on 20/09/2022

» Despite the ongoing resumption of more international flights to Thailand, visitors' spending is forecast to be lower than expected.

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BUSINESS

Safety warning over new hotel rules

Business, Narumon Kasemsuk, Published on 06/09/2022

» Plans to exempt more small hotels from regulation will lead to unfair competition and heightened safety and security risks, according to the Thai Hotels Association (THA).