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Industry Outlook Analysis

20 Jan 2021

Tourism

Domestic Travel, 2021: The Only Hope Hinges on Concerted Effort from All Parties to Combat COVID-19 (Current Issue No.3180)

Domestic travel is imperative in driving Thailand’s tourism in 2021. Unfortunately, it has slowed down again since the beginning of 2021 due to the resurgence of COVID-19. As a result, the Center for COVID-19 Situation Administration (CCSA) has reimposed stringent COVID-19 restrictions, especially i... Read more

9 Dec 2020

Tourism

Inbound Tourism, 2021: Growth Projected to Be Limited, But Set to Pick Up in 2H21 if COVID-19 Eases and Vaccine is Ready Current Issue No.3166)

Thailand’s inbound tourism in 2021 has begun to see positive news, regarding significant progress on the COVID-19 vaccine development, and its planned use with people in many countries by the end of 2020. In addition, Thailand has signed an advance agreement with a pharmaceutical firm to secure supp... Read more

27 Oct 2020

Tourism

Domestic travel market in the final stretch of 2020; Thais have travel plans but also worry over COVID-19, the economy and politics (Current Issue No.3152)

After the government managed to successfully contain the spread of COVID-19 and issued stimulus packages like the ‘We Travel Together’ campaign to boost domestic tourism, the number of Thai tourists traveling domestically markedly increased. Based on data provided by the Ministry of Tourism and Spor... Read more

18 Jun 2020

Tourism

Domestic stimulus packages after easing of the lockdown encouraging Thais to travel domestically to generate income of around THB 41 billion (Current Issue No.3118)

The COVID-19 situation in Thailand has improved to the extent that the government has eased lockdown measures on interprovincial travel, public transport systems, airports and tourist destinations, allowing services in these sectors to return to normal. On June 16, 2020, the Thai cabinet approved th... Read more

30 Apr 2020

Tourism

Domestic Travel Faces New Challenges Post COVID-19 …Thais Projected to Make only 79.5-89.5 Million Domestic Trips in 2020 (Current Issue No.3104)

An improvement in the COVID-19 situation is being seen in Thailand as the number of new infections nationwide has declined steadily while no new cases were found in many provinces for many days. This represents a positive sign for the country and if no new infections are found, people and businesses... Read more

24 Jan 2020

Tourism

Closely monitoring effects from an outbreak of 2019 Novel Coronavirus in China on 2020 Chinese tourism market in Thailand (Current Issue No.3077)

The outbreak of the 2019 Novel Coronavirus (n-CoV) that originated in Wuhan, Hubei province, in late 2019 has caused more patients to sicken and the death toll has risen. Meanwhile, more confirmed cases have been found in other Asian countries, including Thailand, and the US. The Chinese authoritie... Read more

3 Jan 2020

Tourism

2020 is a challenging year for inbound tourism…with international travelers expected to increase 2.0%-3.0% or 40.5-40.9 million people (Current Issue No.3068)

Inbound tourism in 2020 faces a daunting prospect, which affects the number of international tourists and their spending. The market lacks new factors while risks remain and have even worsened. For example, the gloomy global economic sentiment could discourage the international travelers’ activities... Read more