Thai tourism numbers could drop by 10%

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beach walkThe Tourism Authority of Thailand said on March 31 that international tourism arrivals could drop by 10 per cent in the first half of 2014 if the political problems in the country are not solved by then.

The country’s Tourism Confidence Index in the first quarter of 2014 dropped below its normal level for the first time since last year. Thailand expects to lose around $2.5 billion in anticipated revenues from tourism since the enforcement of the emergency decree.

The confidence index declined to 96 in the first quarter – the first time since last year when it dropped below the normal point given tourists’ concern over the political conflicts.

Tourism business and hotel occupancy have yet to come to life again after the government revoked the state of emergency. The number of tourist arrivals through Suvarnabhumi and Don Mueang airports dropped 22 per cent compared to the same period in 2013.

The tourism authority now wants to stimulate such sensitive markets as China, Hong Kong and Japan, and also shift the focus on domestic tourism to offset the decline in foreign tourists.

In the first two months of 2014, year-on-year arrivals from East Asia dropped by 11.5 per cent to 2.25 million with revenue shrinking 14.47 per cent to $2.25 billion. South Asia was down 11.5 per cent to 174,379 visitors with revenue dipping 10.1 per cent to $188.5 million.

However, arrivals from Europe rose 8.65 per cent to 1.57 million with revenue growing 9.26 per cent to $3.1 billion. Officials said this is due to the economic recovery of the region.

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Reading Time: 2 minutes

The Tourism Authority of Thailand said on March 31 that international tourism arrivals could drop by 10 per cent in the first half of 2014 if the political problems in the country are not solved by then.

Reading Time: 2 minutes

beach walkThe Tourism Authority of Thailand said on March 31 that international tourism arrivals could drop by 10 per cent in the first half of 2014 if the political problems in the country are not solved by then.

The country’s Tourism Confidence Index in the first quarter of 2014 dropped below its normal level for the first time since last year. Thailand expects to lose around $2.5 billion in anticipated revenues from tourism since the enforcement of the emergency decree.

The confidence index declined to 96 in the first quarter – the first time since last year when it dropped below the normal point given tourists’ concern over the political conflicts.

Tourism business and hotel occupancy have yet to come to life again after the government revoked the state of emergency. The number of tourist arrivals through Suvarnabhumi and Don Mueang airports dropped 22 per cent compared to the same period in 2013.

The tourism authority now wants to stimulate such sensitive markets as China, Hong Kong and Japan, and also shift the focus on domestic tourism to offset the decline in foreign tourists.

In the first two months of 2014, year-on-year arrivals from East Asia dropped by 11.5 per cent to 2.25 million with revenue shrinking 14.47 per cent to $2.25 billion. South Asia was down 11.5 per cent to 174,379 visitors with revenue dipping 10.1 per cent to $188.5 million.

However, arrivals from Europe rose 8.65 per cent to 1.57 million with revenue growing 9.26 per cent to $3.1 billion. Officials said this is due to the economic recovery of the region.

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