The world is in a mess right now, in China the economy seems to be imploding, in the west people are barely managing to pay rents/mortgages, gas, electricity, food etc. I doubt that a holiday is high on the agenda, especially not one involving high air fares. With a recession looming most will be worried about job security and inflation. My brother is/was a millionaire providing food for high end restaurants in London, he is watching in despair as his business is collapsing around him, it seems as if even the wealthy have cut down on eating out so a large influx of tourists to Thailand, or anywhere, seems unlikely for this year or the next year for that matter.