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Thailand further trims 2019 arrivals forecast while tourism confidence index holds steady

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Thailand further trims 2019 arrivals forecast while tourism confidence index holds steady

By TTG Asia

 

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Thailand’s quarterly tourism confidence index in 2Q2019 held steady at 100 from its 1Q prediction, and is expected to remain at 100 in 3Q2019

 

Thailand’s quarterly tourism confidence index in 2Q2019 held steady at 100 from its 1Q prediction, and is expected to remain at 100 in the third quarter of this year, a recent study found.

 

The survey, which is a collaboration between the Tourism Authority of Thailand (TAT), Tourism Council of Thailand and Chulalongkorn University’s Faculty of Economics, is based on responses from over 600 tourism operators and government officials from related agencies. It also interviewed 350 international and 350 domestic tourists, respectively.

 

The findings in the second quarter of this year highlighted both the micro and macro factors affecting Thailand’s tourism industry: The slowdown of the world economy as well as Thailand’s economic stagnation; the Thai government’s stimulus and tax reduction scheme; extension on the visa-arrival fee waiver for citizens of 20 nations for another six months until October 2019, and the strength of the Thai baht to a weakening US dollar combined with rising inflation.

 

Full story: https://www.ttgasia.com/2019/08/26/thailand-further-trims-2019-arrivals-forecast-while-tourism-confidence-index-holds-steady/

 

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-- © Copyright TT ASIA 2019-08-26

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35 minutes ago, RichardColeman said:

Out of how many gazillion ? 

I think that maybe all that's here at the moment hence the revision of their predictions.😂😂

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2 minutes ago, sn1per said:

Are tourists that just use BKK as a transit point without leaving the airport or transferring to DMK before travelling on to neighbouring countries counted in these tourist arrival figures?

If you want a guess, if they completed an arrival card and it was collected as they passed through Immigration then they're counted as an arrival

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