News Forum - Thai tourism faces strain from sluggish Chinese, Japanese economies

[Thaiger]

Tourism operators in Thailand are facing significant challenges due to the sluggish economies of China and Japan and an uneven recovery in Thai tourism that benefits larger operators. A recent survey by the Thai Hotels Association (THA) and the Bank of Thailand revealed that 29% of three-star or lower-rated hotels have been severely impacted by … …

The story Thai tourism faces strain from sluggish Chinese, Japanese economies as seen on Thaiger News.

Read the full story

[socal]

Raising interest rates does this. Nobody should be surprised 

[Pinetree]

Excellent news. Now all we need is a situation that stops the Russians and all will be good. 

[Vigo]

Japanese don't usually stay in 3 star or less hotels. 

Can't say I care. The Thais deserve what they get. It is based upon too many assumptions and too little real time  experience. The strategy bends over backwards to satisfy the Chinese and Indian target markets and always takes the western markets for granted. Little effort is made to develop the western countries or to show a bit of appreciation. It's always China, India and Russia as their desired tourists. Never ever a kind word for the  gentle Dane, or eco responsible German, or sensible Swede. 

[Rookiescot]

Time to get more of those quality tourists from India and the middle east. 

[ChrisS]

Maybe time to stop taking tourists from the west for granted and actually try to promote Thailand there. Of course having a military junta widespread corruption and an ineffective (at best) police force will act as a deterrent to some who come from free countries.

[Grumpish]

1 hour ago, ChrisS said:

Maybe time to stop taking tourists from the west for granted and actually try to promote Thailand there. Of course having a military junta widespread corruption and an ineffective (at best) police force will act as a deterrent to some who come from free countries.

Those things don't really act as much of a deterrent to the two week tourists that make up the bread and butter of the western tourist trade.One thing that doesn't seem to be recognised though, is the resilience of the western tourist trade, even when they are scared off by something they do come back eventually, where as tourists from the Asia-Pacific region never seem to come back in large numbers after a scare.

[HiuMak]

On 8/30/2023 at 8:28 AM, Thaiger said:

Tourism operators in Thailand are facing significant challenges due to the sluggish economies of China and Japan and an uneven recovery in Thai tourism that benefits larger operators. A recent survey by the Thai Hotels Association (THA) and the Bank of Thailand revealed that 29% of three-star or lower-rated hotels have been severely impacted by … …

The story Thai tourism faces strain from sluggish Chinese, Japanese economies as seen on Thaiger News.

Read the full story

Weak Japanese Yen and Chinese Yuan does not help.