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Search Result for “high excise tax”

Showing 71 - 80 of 436

BUSINESS

Chinese travel agents call for clarity

Business, Molpasorn Shoowong, Published on 26/07/2025

» Chinese travel agents have already quizzed Thai tour operators about the clashes along the Thai-Cambodian border over concerns the situation may impact their clients' travel plans, says the Association of Thai Travel Agents (Atta), while Thai AirAsia has observed a surge in Thai passengers on its flights serving Cambodian cities.

BUSINESS

Tourism confidence dives

Business, Molpasorn Shoowong, Published on 25/07/2025

» The tourism confidence index in the second quarter plunged year-on-year, as tourism contracted since the beginning of the year due to safety concerns and cautious tourism spending following the US's decision to implement a reciprocal tariff policy, according to the Tourism Council of Thailand (TCT).

BUSINESS

Russian arrivals to top last year's figure

Business, Molpasorn Shoowong, Published on 23/07/2025

» Despite sanctions imposed by the United States and intense tourism competition, the Russian market this year is expected to exceed the 1.74 million visitors recorded in 2024, according to the Tourism Authority of Thailand (TAT).

SUSTAINABILITY

Phuket hotels go green in hunt for gold

Business, Molpasorn Shoowong, Published on 21/07/2025

» Thai tourism is embracing sustainability as a core selling point for travellers, as the industry seeks to ensure its survival in a marketplace where such practices have become the "new normal".

BUSINESS

Unease over Japan, South Korea market

Business, Molpasorn Shoowong, Published on 18/07/2025

» Tourism operators are not confident whether arrivals from Japan and South Korea can match the same level as 2024, as negative factors such as a strong baht, rivalry with Vietnam, as well as the two countries' weak economies continue to impact spending power.

BUSINESS

Panel calls for new tourism investment

Business, Molpasorn Shoowong, Published on 17/07/2025

» Thai tourism should not underestimate rivals in the region, notably Vietnam, which are investing heavily in tourism infrastructure such as high-speed rail as well as new attractions and hotels, said the subcommittee of the National Soft Power Strategy Committee.

BUSINESS

Tourism body estimates revenue to miss B3tn target

Molpasorn Shoowong, Published on 14/07/2025

» The Tourism Authority of Thailand (TAT) estimates that tourism revenue this year will reach 2.87 trillion baht, a shortfall from the 3-trillion-baht target due to the sluggish Chinese market and global uncertainties, but it still anticipates 7% growth to 3 trillion baht in 2026.

BUSINESS

Association upbeat on growth outlook for amusement parks

Business, Molpasorn Shoowong, Published on 11/07/2025

» Despite global economic uncertainties, the amusement park industry expects continued robust growth over the next few years, according to the International Association of Amusement Parks and Attractions (IAAPA).

BUSINESS

Impact of tariff hikes on tourism likely to unfold next year

Business, Molpasorn Shoowong, Published on 10/07/2025

» Tourism operators view the US's tariff policy as indirectly hampering Thai tourism in the form of reduced spending, but this impact is not expected to unfold until next year, as many tourists have already booked trips for the upcoming high season.

BUSINESS

Short-haul bookings remain weak

Business, Molpasorn Shoowong, Published on 09/07/2025

» Airlines report forward bookings for short-haul markets for the remainder of this year are weak, in contrast to the long-haul segment, while some carriers expressed interest in joining the Tourism Authority of Thailand's (TAT) stimulus campaign.