Love Maharashtra? Then you wil love Marathikatta!
Home Politics Religion Media Biz Society Tech Travel Books Intl. Autos Automobiles
                        Aviation   Pharma   About Us   Feedback   Links
THAILAND TOURISM

 

Continued unrest, travel warnings hit Thai tourism

 


 

 

BY A CORRESPONDENT
March 1, 2007

For the travel industry in Thailand, the past few months have been difficult with most hotels in Bangkok reporting a slide in business.

Some hotels Bangkok are reporting up to 14% drop in revenues compared to the previous year.

Security appears to be the major concern particularly, Bangkok, the capital.

The New Year bombings, the continued unrest in southern Thailand, the recent grenade attack close to the Rama Gardens hotel and a spate of travel advisories with government warnings are all hurting tourism, according to Andrew Wood, general manager of Chaophya Park Hotel and Resorts.

March is usually a good month for occupancies, but some market analysts are forecasting only slightly more than 70% average bookings for the whole month.

Andrew Wood thinks that the biggest losers will be the corporate and MICE sectors.

“Some companies have issued bans on all but essential travel to Thailand with the uncertainty over the interim government’s failure to check ongoing security concerns,” Andrew Wood said.

A number of high-profile events were recently cancelled. One five-star hotel recently reported losing a North American corporate incentive group worth Bt 11 million (US$ 309,000) because of current travel advisories.


“The financial corporate market is still reeling from the effects of a number of unclear fiscal regulations of the government and a series of political U-turns. The problem is worsened by a weakening dollar and the short-term looks decidedly unsettled,” Wood said.


Meanwhile, the Tourism Authority of Thailand and THAI are set to announce shortly major campaigns at boosting domestic spending.

 

 

 

Auto news for auto freaks! iDrive.in
DWS community! / Cricket blog

 

Latest Stories in Travel

 

Cruises fast getting popular with travelers

India’s Sunderbans Jungle Camp wins ‘responsible tourism’ award

Sex tourism rising rapidly in Kenya

Canada issues fresh travel alert on Philippines

More and more US tourists travel to eat

Canada's tour operators accused of anti-competitive action

South Africa to control elephant-back tourism

Continued unrest, travel warnings hit Thai tourism

Canada’s travel deficit reaches record high

Papua New Guinea expecting tourism boom

 

 

 

 

 

 

Home Politics Religion Media Biz Society Tech Travel Books Intl. Autos Automobiles
                        Aviation   Pharma   About Us   Feedback   Links

Latest updates    Contact Us - Feedback    About Us