Thai tourism industry feels the heat of protests

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BKK protests SkytrainThailand’s tourism industry has started to feel some impact from the current political chaos, which could hurt their financial performance in the final quarter of 2013.

Thai Airways International said its cabin factor in November 2013 was 74 per cent, down from 76 per cent in November last year. The airline expects its cabin factor to be 75 per cent this month, down from 78 per cent in December 2012, The Nation reported.

The largest decline in passengers was from the China market, at 18 per cent. The airline also expects the number of passengers from Australia to be reduced. The load factor from the European market was also below target.

Thai AirAsia chief executive Tassapol Bijleveld said the political demonstrations had resulted in 34 governments issuing travel warnings, and that had affected the number of passengers using his airline as well. Its cabin factor in November 2013 dropped by 5 percentage points to 82 per cent compared with a year earlier. The market with the biggest drop was China.

The Centara Grand Hotel had started to see an impact from postponements and cancellations of meetings scheduled by state agencies and local and foreign companies for November and December. The occupancy rate of its hotels in Bangkok was just 70 per cent last month, compared with the 80 per cent it normally sees in November.

Hotel chain Dusit International said that most of the Dusit customers who had cancelled their bookings were those who had organised the meeting and incentive trips for their employees and clients.

Accor Thailand said that advance bookings have slowed slightly, especially from Hong Kong customers. The operator of Queen Sirikit National Convention Center in Bangkok, one of the largest convention complexes in Bangkok, said the venue expected to see a small impact on conferences and exhibitions for the rest of the year.



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Thailand's tourism industry has started to feel some impact from the current political chaos, which could hurt their financial performance in the final quarter of 2013. Thai Airways International said its cabin factor in November 2013 was 74 per cent, down from 76 per cent in November last year. The airline expects its cabin factor to be 75 per cent this month, down from 78 per cent in December 2012, The Nation reported. The largest decline in passengers was from the China market, at 18 per cent. The airline also expects the number of passengers from Australia to be reduced....

BKK protests SkytrainThailand’s tourism industry has started to feel some impact from the current political chaos, which could hurt their financial performance in the final quarter of 2013.

Thai Airways International said its cabin factor in November 2013 was 74 per cent, down from 76 per cent in November last year. The airline expects its cabin factor to be 75 per cent this month, down from 78 per cent in December 2012, The Nation reported.

The largest decline in passengers was from the China market, at 18 per cent. The airline also expects the number of passengers from Australia to be reduced. The load factor from the European market was also below target.

Thai AirAsia chief executive Tassapol Bijleveld said the political demonstrations had resulted in 34 governments issuing travel warnings, and that had affected the number of passengers using his airline as well. Its cabin factor in November 2013 dropped by 5 percentage points to 82 per cent compared with a year earlier. The market with the biggest drop was China.

The Centara Grand Hotel had started to see an impact from postponements and cancellations of meetings scheduled by state agencies and local and foreign companies for November and December. The occupancy rate of its hotels in Bangkok was just 70 per cent last month, compared with the 80 per cent it normally sees in November.

Hotel chain Dusit International said that most of the Dusit customers who had cancelled their bookings were those who had organised the meeting and incentive trips for their employees and clients.

Accor Thailand said that advance bookings have slowed slightly, especially from Hong Kong customers. The operator of Queen Sirikit National Convention Center in Bangkok, one of the largest convention complexes in Bangkok, said the venue expected to see a small impact on conferences and exhibitions for the rest of the year.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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