snoop1130 Posted February 28, 2020 Share Posted February 28, 2020 Legend Siam to shut down next week By The Nation Legend Siam, the Bt4-billion “cultural amusement park” in Pattaya that has drawn visitors from around the world since its opening at the end of 2018, will close next Tuesday (March 3). Blaming the stalled economy and the Covid-19 virus’ effects on international tourism, operator Nusasiri Group Plc said on Thursday (February 27) that all staff of the landmark attraction would be laid off. But it held out hope that the park, where performers in period costume present scenes from Thai history and literature on flamboyantly lit and decorated stages, could reopen someday if conditions improve sufficiently. If so, it said, the staff would be rehired. Foreign tourists had cancelled more trips to Thailand than expected, hurting Chonburi in particular, it said. Source: https://www.nationthailand.com/news/30383024 -- © Copyright The Nation Thailand 2020-02-28 Follow Thaivisa on LINE for breaking Thailand news and visa info Link to comment Share on other sites More sharing options...
Popular Post smedly Posted February 28, 2020 Popular Post Share Posted February 28, 2020 interpretation marketed and pre-billed for the Chinese tour groups lead around like lemmings by the bus load are no more western tourists have no interest in the price gouging waste of space - just like the floating market 26 1 3 Link to comment Share on other sites More sharing options...
Popular Post DrTuner Posted February 28, 2020 Popular Post Share Posted February 28, 2020 Soon we'll be able to see the almost invisible Chinese fleecing routes they've built in and around Pattaya. Just look for derelict "attractions". No sympathy from me. 13 1 Link to comment Share on other sites More sharing options...
Popular Post ehs818 Posted February 29, 2020 Popular Post Share Posted February 29, 2020 Too many eggs put into one basket. 9 Link to comment Share on other sites More sharing options...
Popular Post RichardColeman Posted February 29, 2020 Popular Post Share Posted February 29, 2020 15 hours ago, snoop1130 said: since its opening at the end of 2018, will close next Tuesday (March 3). The fact it is closing after 15 months or so would indicate other financial issues - probably connected with using $133,000,000 on a theme park nobody wants to use. 10 1 Link to comment Share on other sites More sharing options...
jaiyen Posted February 29, 2020 Share Posted February 29, 2020 Presume Fantasea in Phuket will be next. It was always planned to be turned into a casino so now would be a good time to close it down. However its gonna be a long wait till a casino will be built with no Chinese going to Phuket. 2 Link to comment Share on other sites More sharing options...
Popular Post ross163103 Posted February 29, 2020 Popular Post Share Posted February 29, 2020 "Reap what you sow" comes to mind. 3 Link to comment Share on other sites More sharing options...
Popular Post Chicken George Posted February 29, 2020 Popular Post Share Posted February 29, 2020 Be interesting to see TATs tourist figures next month????? 3 Link to comment Share on other sites More sharing options...
Popular Post mikebell Posted February 29, 2020 Popular Post Share Posted February 29, 2020 Another one bites the dust. Now how about stop building new condos? 5 1 Link to comment Share on other sites More sharing options...
Popular Post P Funk Posted February 29, 2020 Popular Post Share Posted February 29, 2020 What about all those sailors on shore leave? Aren’t they going to all those fun attractions? 2 8 Link to comment Share on other sites More sharing options...
Popular Post manhood Posted February 29, 2020 Popular Post Share Posted February 29, 2020 What is great in Pattaya now: easy to get around when you are driving: no tourbuses block the roads!!!!!!!!!! 8 1 1 Link to comment Share on other sites More sharing options...
Popular Post jacko45k Posted February 29, 2020 Popular Post Share Posted February 29, 2020 2 hours ago, RichardColeman said: The fact it is closing after 15 months or so would indicate other financial issues - probably connected with using $133,000,000 on a theme park nobody wants to use. Exactly, a short sighted venture and an opportunity to blame something else. 3 Link to comment Share on other sites More sharing options...
Popular Post Bob12345 Posted February 29, 2020 Popular Post Share Posted February 29, 2020 21 hours ago, snoop1130 said: where performers in period costume present scenes from Thai history and literature They blame a lack of foreign tourists on their problems, but why would foreign tourists be interested in a theme park about thai history and literature? It makes no sense, and the owners can probably agree by now. 2 1 Link to comment Share on other sites More sharing options...
DannyCarlton Posted February 29, 2020 Share Posted February 29, 2020 21 hours ago, smedly said: interpretation marketed and pre-billed for the Chinese tour groups lead around like lemmings by the bus load are no more western tourists have no interest in the price gouging waste of space - just like the floating market I have only ever seen Chinese tour groups going in there. Rediculous pricing makes it a no-no for most people. I think Khan in Jomtien may have gone the same way. Link to comment Share on other sites More sharing options...
Cake Monster Posted February 29, 2020 Share Posted February 29, 2020 On 2/28/2020 at 5:39 PM, smedly said: interpretation marketed and pre-billed for the Chinese tour groups lead around like lemmings by the bus load are no more western tourists have no interest in the price gouging waste of space - just like the floating market And all the other Gouging operations mostly situated along the Bypass Railway Line Road 1 Link to comment Share on other sites More sharing options...
ChipButty Posted March 1, 2020 Share Posted March 1, 2020 I think a lot of these business will go down the pan in BKK offering upto 70% discount to watch a movie Link to comment Share on other sites More sharing options...
Don Mega Posted March 1, 2020 Share Posted March 1, 2020 hahahahahahahaha. Link to comment Share on other sites More sharing options...
Leaver Posted March 1, 2020 Share Posted March 1, 2020 On 2/29/2020 at 1:06 PM, RichardColeman said: The fact it is closing after 15 months or so would indicate other financial issues - probably connected with using $133,000,000 on a theme park nobody wants to use. Burnt investors, and unemployed staff. More of the same to come. Link to comment Share on other sites More sharing options...
Susco Posted March 1, 2020 Share Posted March 1, 2020 (edited) 29 minutes ago, Leaver said: On 2/29/2020 at 9:06 AM, RichardColeman said: The fact it is closing after 15 months or so would indicate other financial issues - probably connected with using $133,000,000 on a theme park nobody wants to use. Burnt investors, and unemployed staff. More of the same to come. Fact is that it's only temporarily, and it will reopen when the COVID-19 scare has ceased, unless half of the Chinese population dies off of course. Why would they stay open when their target public ( Chinese group tours) are not allowed to travel? could reopen someday if conditions improve sufficiently. If so, it said, the staff would be rehired. More of the same re openings to come, regardless of how much the Thai bashers dislike that. Edited March 1, 2020 by Susco 1 1 Link to comment Share on other sites More sharing options...
geriatrickid Posted March 1, 2020 Share Posted March 1, 2020 I genuinely have no sympathy for all these businesses hurting now. I do hope some of the hotels, taxis, limos restaurants etc, who gouged me over the years get a taste of a market correction. 1 1 Link to comment Share on other sites More sharing options...
mok199 Posted March 1, 2020 Share Posted March 1, 2020 As this Nation sinks the defiant Thai bhat seems to get stronger... Link to comment Share on other sites More sharing options...
ThaiBunny Posted March 1, 2020 Share Posted March 1, 2020 Just now, mok199 said: As this Nation sinks the defiant Thai bhat seems to get stronger... And as it's freely traded on the FX markets you have to wonder what they know Link to comment Share on other sites More sharing options...
Leaver Posted March 1, 2020 Share Posted March 1, 2020 7 hours ago, Susco said: Fact is that it's only temporarily, and it will reopen when the COVID-19 scare has ceased, unless half of the Chinese population dies off of course. Why would they stay open when their target public ( Chinese group tours) are not allowed to travel? could reopen someday if conditions improve sufficiently. If so, it said, the staff would be rehired. More of the same re openings to come, regardless of how much the Thai bashers dislike that. Many thought the junta was temporary, and look what happened. Yes, it could reopen, long after investors have lost their money and sold it at a fire sale. New staff will be recruited, the current staff will struggle to pay their bills NOW. It's not Thai bashing to discuss the perils of not diversifying your tourism market, and targeting just one nationality. 1 Link to comment Share on other sites More sharing options...
xylophone Posted March 1, 2020 Share Posted March 1, 2020 On 2/29/2020 at 9:18 AM, jaiyen said: Presume Fantasea in Phuket will be next. It was always planned to be turned into a casino so now would be a good time to close it down. However its gonna be a long wait till a casino will be built with no Chinese going to Phuket. And just to add fuel to the fire.............. There is a firking great type of "theme park", covering many acres of ground (or should I say rai) off the dual carriageway on the way to Tesco Lotus in Phuket, which is underway at this moment in time. Some ground was cleared about two years ago and now the building has started, so I'm not hopeful that this thing will ever really get off the ground, not just because of the virus scare, but because tourism spend has been suffering over the last couple of years (despite what TAT say) and of course the high baht has played its part. It could well be added to the list of empty and almost empty buildings or failed enterprises which now increasingly form part of the landscape here. I know this is a Pattaya thread, however I think the lack of planning, limited resources, corruption and reliance upon cheap tourism will come back to bite many areas in Thailand. Link to comment Share on other sites More sharing options...
phetchy Posted March 1, 2020 Share Posted March 1, 2020 (edited) If you venture into an enterprise such as this, it is usually the case that optimism will overrule reality. Any business venture must have a "worst case scenario" which should include unforeseen or unpredictable factors. The ability to account for these factors is often the difference between success and failure. Chinese and Korean tourists are now non earners, and Speed boats to Koh Lahn are finished. Edited March 1, 2020 by phetchy Link to comment Share on other sites More sharing options...
gk10002000 Posted March 2, 2020 Share Posted March 2, 2020 I do not recall ever hearing of the place. Link to comment Share on other sites More sharing options...
DannyCarlton Posted March 2, 2020 Share Posted March 2, 2020 8 hours ago, phetchy said: If you venture into an enterprise such as this, it is usually the case that optimism will overrule reality. Any business venture must have a "worst case scenario" which should include unforeseen or unpredictable factors. The ability to account for these factors is often the difference between success and failure. Chinese and Korean tourists are now non earners, and Speed boats to Koh Lahn are finished. For now. This isn't a permanent state. It will eventually blow over and the Chinese hoardes will return. When is anybody's guess, some say 3 months, I favour 9 months, but return they will. Enjoy it whilst you can. Link to comment Share on other sites More sharing options...
gk10002000 Posted March 2, 2020 Share Posted March 2, 2020 20 hours ago, mok199 said: As this Nation sinks the defiant Thai bhat seems to get stronger... give the dissent and riots a chance to get going, and I think you will see Thailand spiral down in popularity. Being able to buy influence and bring bag money to get projects done gets very hard to do when things are shut down or disrupted Link to comment Share on other sites More sharing options...
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