Stories tagged with tat
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TAT lowers tourism projections
The Tourism Authority of Thailand (TAT) is expecting a significant downturn in the number of international tourist arrivals for 2008 and 2009, owing mainly to the rising price of oil and subsequent cuts in inbound flights.
The TAT cut its projection from 10 per cent for 2009 over 2008 to a little over three per cent; a sharp downward. This translates to an initial projected of 17 million arrivals in 2009 down to 16 million arrivals, and just 15 million visitors for 2008.
This will naturally have a knock-on effect on the revenue generated by international tourism and TAT thus expect revenue growth to be half that of previous expectations - five per cent.
Spending per head is expected to increase from 38,760 baht in 2008 to 39,375 in 2009, however, owing mainly to the rising costs of consumables. The total revenue projection for 2008 is 600 billion baht, or about US $18 billion.
In comparison, TAT expects domestic travel of 87 million trips, bringing in revenue of around 407 billion baht, about US $12 billion.
International marketing deputy governor, Santichai Eua-Chongprasit, said the main negative factors affecting travel to Thailand were the high oil price, the downturn in the world economy and less flights to Thailand.
He also acknowledged that the travel industry to Thailand would be greatly affected if and when the oil price climbs to US$200 a barrel.
Posted by: Andrew on 15 Jul 2008, 06:06 -
Thailand Tourism Festival 2008 Opens
The Thailand Tourism Festival 2008 opened this past week at the IMPACT Exhibition Centre in Muang Thong Thani, Nonthaburi province, just outside Bangkok. This is Thailand’s premier travel and tourism event.
The festival was held from 5-8 June, alongside Thailand Travel Mart + 2008.
The travel and tourism event was organised by the Tourism Authority of Thailand, which is responsible for promoting domestic travel in the country to develop the base for promotion of Thai destinations in the international travel market.
The objective of the festival is to create awareness of the fragile nature of the environment and ecotourism opportunities and the country’s national cultural heritage sites, as well as to encourage the preservation Thai traditions and encourage economic growth in all of the country’s provinces.
Visitors were treated to a variety of spectacular cultural performances, representing the four regions of Thailand. Among these was the Khon, a traditional masked dance, which was the first to be performed.
The Thailand Tourism Festival also featured cultural showcases sponsored by other member countries of the Greater Mekong Subregion, including Cambodia, Lao PDR, Myanmar and Vietnam.
A number of games and fashion shows were presented by private operators in the tourism sector.
Posted by: Andrew on 17 Jun 2008, 10:54