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BUSINESS

Revenue projected to fall, new markets targeted

Business, Narumon Kasemsuk, Published on 04/02/2020

» The tourism minister has projected revenue from tourism will fall 300 billion baht short of the target this year and the situation could worsen if authorities do not control the spread of the coronavirus by March.

BUSINESS

TAT slashes revenue target for 2020

Business, Narumon Kasemsuk, Published on 06/02/2020

» The tourism sector is heading for its first revenue contraction in a decade, as Chinese tourists, the biggest source market, are under lockdown amid fears of a pandemic.

BUSINESS

TAT slashes revenue target for 2020

Business, Narumon Kasemsuk, Published on 07/02/2020

» The tourism sector is heading for its first revenue contraction in a decade as Chinese tourists, the biggest source market, remain under lockdown amid fears of a pandemic.

BUSINESS

Mice slump prompts rescue funding

Business, Narumon Kasemsuk, Published on 12/02/2020

» The government has earmarked emergency relief for domestic Mice (meetings, incentives, conferences, exhibitions) after the international segment declined by almost 50% because of the coronavirus outbreak.

BUSINESS

Chinese tourist spending projected to soar

Business, Narumon Kasemsuk, Published on 22/01/2024

» Tourism spending during the Chinese New Year holiday is forecast to reach 34.4 billion baht, of which 28.4 billion is expected from foreign visitors, especially those from Chinese-speaking countries.

BUSINESS

Tour agents bullish on Taiwan

Business, Narumon Kasemsuk, Published on 31/01/2024

» The Taiwanese inbound market this year is expected to hit a new high of 1 million tourists, assuming the Thai government extends its visa-free scheme until year-end, as the market is among the fastest growing post-pandemic.

BUSINESS

Nok Air vows to evaluate Boeing jets

Business, Narumon Kasemsuk, Published on 02/02/2024

» Nok Air plans to gauge passenger sentiment and must be assured of safety before it imports Boeing 737 Max 8 jets to its fleet, as it has already paid the deposit to lease eight aircraft of this type.

BUSINESS

Hotel margins dented by rising costs

Business, Narumon Kasemsuk, Published on 03/02/2024

» The end of reductions for property tax and elevated energy prices this year have pushed up operating costs for hotels by at least 10%, leading to lower margins even as they service more guests.

BUSINESS

Confidence gains, but obstacles still remain

Business, Narumon Kasemsuk, Published on 09/02/2024

» Tourism confidence for the fourth quarter of 2023 remained lower than normal, according to the Tourism Council of Thailand's (TCT) quarterly index, indicating operators are worried about the risk of deflation and a delay in fiscal budget disbursement.

BUSINESS

Netizens hit out at pricey Phuket airfares

Business, Narumon Kasemsuk, Published on 16/02/2024

» Social media was awash with comments this week from local travellers bemoaning the high price of airfares to Phuket.