webfact Posted January 16, 2020 Share Posted January 16, 2020 Tourism industry expects more growth this year BANGKOK (NNT) - The tourism sector, which is the main economic driver and income generator of the country, is now facing challenges from the appreciated Thai currency, viral diseases, and the conflict between the U.S. and Iran. Despite all these setbacks, the tourism industry is expecting visitors numbers this year will reach 40 million, generating some 2.05 trillion baht in revenue thanks to the government’s tourism promotion measures. The Tourism Council of Thailand’s (TCT) President Chairat Trirattanajarasporn, has revealed the confidence among tourism businesses in Thailand in Q4 2019 was relatively low due to the effects of the U.S.-China trade war, middle east tension, and the stronger Thai baht, which affects tourists’ spending behavior, especially among European and American tourists. He said however that the businesses are expecting the situation to improve in the first quarter this year, with contributions from the extension of theVisa on Arrival fee waiver, as well as important holidays during this period. The council is expecting 11 million international visitors in Q1 2020, which is even higher than the number in Q4 2019 of 10.3 million, and a 2.08 percent growth year-on-year. The council is expecting annual foreign visitor numbers to be 40.7 million, which will be 3.3 percent higher than the number last year, generating some 2.05 trillion revenue, which is a 2.9 percent growth on last year. The TCT is confident that many visitors will continue to make repeat visits as 90 percent of them are impressed with the beauty of Thailand, urging the media and Thai people to help present positive images of the country and refrain from sharing fake news or information which may affect the country’s reputation. The government is asked to help solve issues seen as obstructions to the tourism industry, such as reforming the hotel and accommodation regulations to be more modern, raising the capabilities of businesses, and promoting domestic tourism among Thai people. -- © Copyright NNT 2020-01-16 Follow Thaivisa on LINE for breaking Thailand news and visa info Link to comment Share on other sites More sharing options...
Popular Post RotBenz8888 Posted January 16, 2020 Popular Post Share Posted January 16, 2020 We are currently at the zoo in Kanchanaburi. Thais 200B, Falang 550B. Welcome to Thailand! 2 7 Link to comment Share on other sites More sharing options...
Popular Post DLock Posted January 16, 2020 Popular Post Share Posted January 16, 2020 Chairat, let me add a few things you conveniently forgot. Better value and service from competing tourism destinations Thailand is a filthy dump of a country ...and "viral diseases"...please tell me more. 3 1 Link to comment Share on other sites More sharing options...
Popular Post BobbyL Posted January 16, 2020 Popular Post Share Posted January 16, 2020 Another day, another press release from the TAT or TCT. I wonder if in their meetings it is ever suggested that perhaps horrendous health and safety standards, a deteriorating service industry, pollution in the air and on the beaches and much better value for money elsewhere could be contributing as well. 5 Link to comment Share on other sites More sharing options...
Popular Post Misterwhisper Posted January 16, 2020 Popular Post Share Posted January 16, 2020 Yawn. 2 2 Link to comment Share on other sites More sharing options...
Popular Post DrTuner Posted January 16, 2020 Popular Post Share Posted January 16, 2020 Well the revenue will certainly increase. All they have to do is adjust their imaginary spending per head figures. 1 2 Link to comment Share on other sites More sharing options...
30la Posted January 16, 2020 Share Posted January 16, 2020 5 hours ago, webfact said: The tourism sector, which is the main economic driver and income generator of the country, is now facing challenges from the appreciated Thai currency, viral diseases, and the conflict between the U.S. and Iran. Despite all these setbacks, the tourism industry is expecting visitors numbers this year will reach 40 million, generating some 2.05 trillion baht in revenue thanks to the government’s tourism promotion measures. ???????????????? Dreamers!!! 1 Link to comment Share on other sites More sharing options...
CGW Posted January 16, 2020 Share Posted January 16, 2020 30 minutes ago, 30la said: ???????????????? Dreamers!!! Not so sure about that ???? For the past 30+ years Thailand has experienced substantial tourist growth, the odds are certainly on them achieving further growth this year! Quite how they do it is beyond me, I hope to see huge tourist drop offs in my lifetime, but aint going to bet on it! Link to comment Share on other sites More sharing options...
DLock Posted January 16, 2020 Share Posted January 16, 2020 54 minutes ago, CGW said: Not so sure about that ???? For the past 30+ years Thailand has experienced substantial tourist growth, the odds are certainly on them achieving further growth this year! Quite how they do it is beyond me, I hope to see huge tourist drop offs in my lifetime, but aint going to bet on it! I always had that opinion CGW - no matter what happened, Teflon Thailand Tourism seemed to grow. But it can't grow forever, and this is really the first year I think that Thailand probably peaked in 2019 and will go backwards. The economic signs are bleak. Personally, I would like to see a major tourism correction that makes Thailand rethink the value of tourists and long-stayers. I stay because of business interests, but if I could leave, I probably would, or at least spend less time here. I guess time will tell, but right now, there is almost nothing positive about Thailand on the horizon. 1 Link to comment Share on other sites More sharing options...
CGW Posted January 16, 2020 Share Posted January 16, 2020 (edited) 58 minutes ago, DLock said: I guess time will tell, but right now, there is almost nothing positive about Thailand on the horizon. I agree with what your saying, they have a lot of money in the bank to see then through hard times though, be interesting to see what transpires? Edited January 16, 2020 by CGW Link to comment Share on other sites More sharing options...
shen923 Posted January 16, 2020 Share Posted January 16, 2020 Can hardly wait till the end of Q1 when the TCT president states that although Q1 visitors were down, we are expecting many visitors in Q2 due to,,,,, blah blah blah, blah.... 2 Link to comment Share on other sites More sharing options...
elliss Posted January 16, 2020 Share Posted January 16, 2020 (edited) 32 minutes ago, CGW said: I agree with what your saying, they have a lot of money in the bank to see then through hard times though, be interesting to see what transpires? The big question is where do , they stack all the Gold, they have bought . Fort Knox , in rural Issan ?... Edited January 16, 2020 by elliss Link to comment Share on other sites More sharing options...
Fred white Posted January 16, 2020 Share Posted January 16, 2020 There's a national park close to where I live for Thai nationals it's 40 baht falong 400 baht and you can't walk the trails with out a guide Link to comment Share on other sites More sharing options...
Destiny1990 Posted January 16, 2020 Share Posted January 16, 2020 Another wonderful monologue ! Link to comment Share on other sites More sharing options...
ChakaKhan Posted January 16, 2020 Share Posted January 16, 2020 zzzzzzzzzzzzzzzzzzzzzz...... 1 Link to comment Share on other sites More sharing options...
ParkerN Posted January 16, 2020 Share Posted January 16, 2020 Jam tomorrow - always tomorrow. Link to comment Share on other sites More sharing options...
Redline Posted January 17, 2020 Share Posted January 17, 2020 They need to give out quality breathing masks upon entry-maybe cartoon character masks? Link to comment Share on other sites More sharing options...
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