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"Drastic" losses to Thai tourism with 1.57 TRILLION baht hit, admits tourism minister


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Send the bill to your mates in Beijing.  They let the Wuhan China virus out so they can make restitution to every country effected.  

For some reason, I'm not feeling it for the Phuket tuk-tuk mafia and their families, you know the ones who want B200 to go a kilometer down the road...and if you have the temerity to negotiate tell yo

It was the paranoid reaction of the government to the pandemic rather than the pandemic itself which caused these 1.57 trillion losses to Thai tourism.    Instead of gradually opening the co

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6 hours ago, Grumpy John said:

Send the bill to your mates in Beijing.  They let the Wuhan China virus out so they can make restitution to every country effected.

 

the shut down was self inflicted by the thai government,

though i acknowledge that most other governments

are also responsible by shutting down their economy

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11 minutes ago, paulbj2 said:

Once I discovered Grab, I never again took a tuk-tuk. Why would anyone use those appalling, dirty, polluting heaps of <deleted> when Grab (and Uber when they were around) supply you with an air conditioned car driven by someone sane and helpful for a fraction of the price of a Tuk-tuk.

took a tuk-tuk

 

that sounds funny. Tookatooktook 🤣

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42 minutes ago, scammed said:

the shut down was self inflicted by the thai government,

though i acknowledge that most other governments

are also responsible by shutting down their economy

And thus saving the lives of many.

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7 hours ago, webfact said:

The lack of foreign tourism in 2020 and the reluctance of Thais to travel to any great extent has resulted in catastrophic damage to the industry, notes Thaivisa.

So look inwards for the solution, foreign tourism is going to take a long time to feel comfortable with international travel, domestic travel is caught between those who can afford to travel and those who can't.

Adjust the prices so domestic Thais can afford to move around and try not to fleece them as the only customer through the door.

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4 hours ago, DrTuner said:

I checked Mastercard's data source before. Government agencies -> TAT.

But passes the smell test via intelligent "third-party research and proprietary analysis" and so is widely accepted. Moreover, when you look at the myriad tables of stats comparing countries according to various variables, through the years, the numbers seem to make sense in the rational world. TAT: TVF enthusiastically agrees so whenever the numbers show a decrease, gleefully repeating the usual litany of jet ski scams, turds spotted in Pattaya bay, taxi ripoffs, broken pavements, unsmiling cashiers, dual pricing, blah blah. Of course, they repeat that all the time anyway.

 

So, with this latest nosedive, we've got nothing but agreement.😃 TAT's got it exactly right now, as in 2009 and 2014.

 

It's only when anyone dares claim there's been an increase in tourism that suddenly all the stats are nonsense. Yet Bloomberg never quotes TAT: TVF barstool analysis that

 

This year, like the past 25 years, Thailand has had no tourists except zero-spending tourists from Russia, China, or India. Critical TVF Economic Indicators--the shopping bag count, the lines-at-the-bank count, the lights-on-at-night count, and the red plate count--are STILL flashing red while in a perpetual downward spiral. A total economic collapse is forecast for any day unless Thailand takes immediate steps to encourage the return of the Big Spending Golden Egg Layers via unrestricted, perpetual, free tourist visas, baht devaluation to THB100/GBPeso, bar fine price controls, and proper Thai servility in the presence of any Golden Egg Layer.

 

Problem is, if there were so few spending tourists to Thailand in recent decades, how could their absence now have possibly caused such economic devastation as is obvious to even the most near-sighted Eyeballs here?

 

As I noted, now TAT: TVF is caught in a most uncomfortable contradiction. To fully savor the deliciousness of this year's COVID disaster on tourism, they've got to accept the previous stats from TAT that they'd all enjoyed sneering at throughout last year.🤣 So which is it? I love this forum.

 

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I wonder how much additional money that is usually being spent "informally" by tourists hasn't even been accounted for. Also, as others have correctly pointed out, they still had most of the last high season, but the upcoming high season looks like a near total write-off.

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    The big problem is everybody at the top, at all the ministries, thinks way too timid.  Too cover-your-ass safe.  Nobody goes bold.  Nobody thinks one bit outside the box.  Head down at all times.  Housing is in the tank.  Any bold ideas?  No.  Some talk about extending a tax break and that's about it so far.  Doesn't even rise to the rank of timid and not going to get the job done. 

    Buy a condo and get a visa?   Finally a great idea bubbles up awhile ago.  Get some more expats in, living here and spending money, and help the housing market at the same time.   A win-win.  Great idea ruined by the fine print.   Have no fine print.  Buy a condo, new or used, and get a 5 Year Visa.  Period.  Show you still own the condo after 5 years, or show you have bought another condo (the Newnative rule), and get a renewable extension for another 5 years.  Period.  Going hand in hand with this, be bold and suspend the condo foreign quota for 5 years.  Suspending it has been done before so it's not even that bold.  Maybe just eliminate it.   Anybody who has already bought and still owns a condo gets rewarded with a 10 year renewable visa.  Be bold.  Eliminate or at least suspend many of the immigration requirements, starting with the 90 day reporting and the age requirement for retirement visas.  Make the retirement  extensions for renters at least 2 years.  Streamline and simplify everything.

     When they do come up with something, it's usually way too complex and unworkable.   Always far too many cooks have had a hand, usually doing CYA, and it ends up an unpalatable mess.  That applies to all the 'schemes' TAT and Immigration have come up with.  And, the minister at the tippy top has shown no interest in or encouragement of bold ideas, while also offering none of his own. It's all timid, fumbling, don't rock the boat, muddle along, day after day.   So, Thailand finds itself not advancing on any fronts, and retreating on most.  Covid has changed everything; Thailand needs to boldly adapt and change with it. 

     

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7 hours ago, spidermike007 said:

Blame, blame, blame. It was caused by anything but us. Without Covid, Thailand was heading toward a disastrous high season. Hotels at 50% occupancy, at a time when they are usually nearly full. So, Pipat. You need to admit what an utter failure you have been as tourism minister. You are an empty suit. 

 

These issues and problems were becoming apparent long before Covid. And none were being addressed. Tourism had been declining for years already. The numbers were up. But the quality of tourist was way down. And according to everyone I spoke to last year, the year before and the year before that, income was way, way down. So, "this blame it all on Covid scenario" is somewhat disengenuous. Sure, Covid is huge. And the drop now is stunning. But, my point is there were plenty of issues prior to Covid. And are any of them being addressed?

Again, this is a situation where nobody is attempting to get to the root of the problem. Of course, in Thai society, it is not particularly popular to look within for the source of the problem.

The source of the declining tourist sector over the past 3 years before covid, easy to work out.

High Bht...made almost everything expensive. Yes could get a Hotel deal that seemed cheap and taxi rides (if you could get an honest driver) was ok, but shopping and eating out was so expensive.

Many expats i know are struggling big time and even the foreign business owners are in trouble.

 

Now the question is; Who will blink first? Thai Govt or the departure of the Expats and Foreign Business owners?

 

 

 

 

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