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Strong growth from key markets compensate for slight dip in Chinese tourists


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Strong growth from key markets compensate for slight dip in Chinese tourists

By The Thaiger

by Thanchanok Phobut | Senior Coordinator, Thailand

 

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CBRE, international property consultants, believe that the Thai tourism market is still as resilient as ever.

 

Earlier this year, the Ministry of Tourism and Sports announced they are expecting more than 40 million tourists to visit Thailand this year, up from the record-breaking 38.3 million last year. According to the latest figures, the first two months of 2019 showed a 2.5% year-on-year growth in international tourist arrivals at 7.3 million, compared to 7.1 million the previous year.

 

In the first two months of 2019, the total number of Chinese tourist arrivals decreased slightly by 2.2% – 2.17 million in 2018 to 2.12 million this year.

Chinese tourist arrivals in February, the month in which the Chinese New Year was celebrated this year, decreased by 12.3% year-on-year.

 

Full story: https://thethaiger.com/thai-life/travel/strong-growth-from-key-markets-compensate-for-slight-dip-in-chinese-tourists

 

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-- © Copyright The Thaiger 2019-04-25
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CBRE sees strong tourism growth

By The Nation

 

CBRE, a leading international property consultant, said in a press release on Thursday that the Thai tourism market is as resilient as ever.

 

Earlier this year, the Ministry of Tourism and Sports (MOTS) announced it is expecting more than 40 million tourists to Thailand this year, up from the record-breaking 38.3 million in 2018. 

 

According to the latest numbers released by MOTS, the first two months of 2019 showed a 2.5 per cent Y-o-Y growth in international tourist arrivals at 7.3 million, compared to 7.1 million the previous year.

 

In the first two months of 2019, the total number of Chinese tourist arrivals decreased slightly by 2.2 per cent Y-o-Y from 2.17 million in 2018 to 2.12 million. Chinese tourist arrivals in February, the month in which the Chinese New Year was celebrated this year, decreased by 12.3 per cent Y-o-Y. 

 

Looking back at 2018, there was a 23.8 per cent M-o-M jump in Chinese tourist arrivals from 0.97 million in January to 1.20 million in February. This year, it was a 1.5 per cent M-o-M decrease in the same market.

 

Other key feeder markets like Malaysia, India, Korea, and Japan showed double-digit growth in the first two months, with India having the highest figure at 20.1 per cent Y-o-Y. 

 

Even though the combined number of tourists from these four feeder markets was smaller than that of the Chinese market alone, this positive trend could help lessen the impact from the loss of Chinese tourists. The challenge remains for Thailand to win back this biggest feeder market now that the most significant holiday for Chinese people has passed.

 

Bangkok still attracts tourists from around the world. The number of international tourist arrivals to Bangkok in the first two months of 2019 as reported by MOTS was 4.68 million, a 3 per cent Y-o-Y growth. 

 

The development of a third runway in Suvarnabhumi International Airport, which was approved by the government on 17th April this year, will strengthen Bangkok’s capacity to handle larger numbers of tourists in the future.

 

“In the first quarter of 2019, Rosewood Bangkok, a 159-key luxury hotel next to Phloen Chit BTS station, opened its doors to the public.

 

This was one of Bangkok’s most highly-anticipated luxury hotel openings together with Capella Bangkok and Four Seasons Hotel Bangkok at Chao Phraya River, both of which will open later this year, underpinning renewed interest in the riverside area and capitalizing on recent developments outside of the hotel sector,” said Atakawee Choosang, Head of Capital Markets - CBRE Hotels in Thailand.

 

CBRE believes that Bangkok will continue to be one of the top tourist destinations in the world with new luxury hotel openings, improved infrastructure, and attractions that appeal to a wide range of tourists.

 

Source: http://www.nationmultimedia.com/detail/Tourism/30368342

 

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-- © Copyright The Nation 2019-04-25
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57 minutes ago, BestB said:

Yes tourist numbers are rising, while at the same time hotels reporting low occupancy so all the million of tourists must staying under some trees

Various reasons:

 

Room nights not increased at the same rate as arrivals due to shorter average stays;

Bigger hotels catering to package tours are booked out with Chinese and Russians but smaller hotels/guesthouses/hostels get very little of this market;

Airbnb and similar operations are growing quickly.

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Numbers, numbers, but very little to back it up with.

The traditional places that got Thailand where they are today in the tourist areas are getting nothing out of the Chinese or Indian,,,, just the big corporate big boys who export the profits back to their shareholders.

Send a delegation down to Sinukville (sp) & see the carnage . The once peaceful, good fun town is pretty muck owned & operated by the Chinese & along with that just polluted the place

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3 hours ago, webfact said:

CBRE sees strong tourism growth

By The Nation

 

CBRE, a leading international property consultant, said in a press release on Thursday that the Thai tourism market is as resilient as ever.

 

Earlier this year, the Ministry of Tourism and Sports (MOTS) announced it is expecting more than 40 million tourists to Thailand this year, up from the record-breaking 38.3 million in 2018. 

 

According to the latest numbers released by MOTS, the first two months of 2019 showed a 2.5 per cent Y-o-Y growth in international tourist arrivals at 7.3 million, compared to 7.1 million the previous year.

 

In the first two months of 2019, the total number of Chinese tourist arrivals decreased slightly by 2.2 per cent Y-o-Y from 2.17 million in 2018 to 2.12 million. Chinese tourist arrivals in February, the month in which the Chinese New Year was celebrated this year, decreased by 12.3 per cent Y-o-Y. 

 

Looking back at 2018, there was a 23.8 per cent M-o-M jump in Chinese tourist arrivals from 0.97 million in January to 1.20 million in February. This year, it was a 1.5 per cent M-o-M decrease in the same market.

 

Other key feeder markets like Malaysia, India, Korea, and Japan showed double-digit growth in the first two months, with India having the highest figure at 20.1 per cent Y-o-Y. 

 

Even though the combined number of tourists from these four feeder markets was smaller than that of the Chinese market alone, this positive trend could help lessen the impact from the loss of Chinese tourists. The challenge remains for Thailand to win back this biggest feeder market now that the most significant holiday for Chinese people has passed.

 

Bangkok still attracts tourists from around the world. The number of international tourist arrivals to Bangkok in the first two months of 2019 as reported by MOTS was 4.68 million, a 3 per cent Y-o-Y growth. 

 

The development of a third runway in Suvarnabhumi International Airport, which was approved by the government on 17th April this year, will strengthen Bangkok’s capacity to handle larger numbers of tourists in the future.

 

“In the first quarter of 2019, Rosewood Bangkok, a 159-key luxury hotel next to Phloen Chit BTS station, opened its doors to the public.

 

This was one of Bangkok’s most highly-anticipated luxury hotel openings together with Capella Bangkok and Four Seasons Hotel Bangkok at Chao Phraya River, both of which will open later this year, underpinning renewed interest in the riverside area and capitalizing on recent developments outside of the hotel sector,” said Atakawee Choosang, Head of Capital Markets - CBRE Hotels in Thailand.

 

CBRE believes that Bangkok will continue to be one of the top tourist destinations in the world with new luxury hotel openings, improved infrastructure, and attractions that appeal to a wide range of tourists.

 

Source: http://www.nationmultimedia.com/detail/Tourism/30368342

 

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-- © Copyright The Nation 2019-04-25

RE - CBRE believes that Bangkok will continue to be one of the top tourist destinations in the world with new luxury hotel openings

 

Can be, but only until you must swim out of the airport and all the way into hotel reception …   

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it is simple the government want to spend much more money tourism is the big money maker so tourism figures have to go up with people who come and go spending big money no problem if they make a mistake with the numbers, those subs are still looking good for what is anyone's guess

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28 minutes ago, bbbbooboo said:

Yawn..... same rubbish different day. It’s almost like they think if you say something enough times then it will become true( just like a child does)

Yes....
Thats the way brainwashing works.....

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2 hours ago, jaiyen said:

Thailand has become a very expensive, polluted, grot hole with even more traffic jams and gridlock, and packed trains.  The people are mercenary in their hunt for money, especially in the bars. ( "You buy me drink !"). On my last trip we spent about  50% more than last year.  The fun has disappeared completely in the last few years. The Chinese are welcome to it.  Time to explore Europe.

Chinese do not go to the bars you go to

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It’s quite obvious that most of the tourists are on package tours, Chinese , Indian , and westerners . Just look at the buses outside hotels or at the airports . Package tourists spend much less, and lots of the profits go to travel agencies/companies. Very little indépendant travellers, who have found greener grasses elsewhere.

In Europe, just look in  any agency windows and on the Internet, super deals , 1000 € , 12 days Thailand ( and other destinations of course) flight, hotel, half board, airport shuttle all included. Work it out ! 

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