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Big spending Indians - 5,800 baht a day - set to revolutionize Thai tourism!


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11 minutes ago, Mike Teavee said:

Actually the maths is correct if you assume that there's 1 visit per year for an average of 14 days, then @NCC1701A is worth 13.3 2 week Indian tourists visits over the year

 

if an individual Indian spends the whole month there then he's worth around 1/2 that

 

If you aggregate all Indians (i.e. there's somebody in-country spending 5,800 THB per day for 365 days of the year) then yes, he's worth around 0.6 which isn't bad considering it's just one man against > 1.1 Billion [I'm aware of the twisted logic with that one :)] 

 

 

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21 minutes ago, Bob12345 said:

There are quite some chinese buying super expensive items for the VAT return, think Gucci and LV bags costing hundreds of thousands of baht. That will move the average spending up a lot.

 

The smaller restaurants wont see a satang of it, its only the French and Italian brand stores getting happy (and the government pocketing the taxes on these things).

I fully understand your thinking here (I was thinking houses, condos and cars bought by the wealthy Chinese) but how can they separate, how can they calculate one country's tourist spending?

 

Besides, I don't think there are that many 'genuine' Gucci or LV bags to be able to up the average for 1.59 million Indians never mind the much greater number of Chinese tourists..............:thumbsup: 

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Many years ago I was looking for a reasonably-priced house to rent in Jomtien. I found a place with a great location, but it was an absolute tip inside. I wanted a one-year lease and would have been happy to sign up for longer if the owner had been willing to renovate it a bit, clean it up, a coat of paint and a few sticks of new furniture. I was told there was no chance of that happening, if I didn't want it as it was then an Indian would soon come along and rent it. Plus ca change...

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5 minutes ago, chrisinth said:

I fully understand your thinking here (I was thinking houses, condos and cars bought by the wealthy Chinese) but how can they separate, how can they calculate one country's tourist spending?

 

Besides, I don't think there are that many 'genuine' Gucci or LV bags to be able to up the average for 1.59 million Indians never mind the much greater number of Chinese tourists..............:thumbsup: 

Previously they looked at credit card spending. If your credit card is linked to your chinese nationality the credit card company can easily make a printout how much all chinese have spend on thai soil with their CC.

 

Not many europeans use a CC for normal purchases though, making comparisons between countries difficult.

 

I base my guess of the importance of VAT-free spending on the number of chinese walking out of king power with big bags full of stuff and the number of chinese shopping at luxury brand shops. In my home country in europe half the staff at the LV shop are fluent mandarin speakers. The only spot you find something similar is in a chinese restaurant. 

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1 hour ago, marqus12 said:

Correct the math.

You are worth 0.6 Indian per month .

Cool love a mathematician. I drop 250k a month every month not inclusive of my kids private school fees and incidentals like car insurance and rego for the 2 cars and 5 motorbikes plus my health insurance is paid in AUS dollars so let's exclude that. So how many Indians am I worth? 

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14 minutes ago, starky said:

Cool love a mathematician. I drop 250k a month every month not inclusive of my kids private school fees and incidentals like car insurance and rego for the 2 cars and 5 motorbikes plus my health insurance is paid in AUS dollars so let's exclude that. So how many Indians am I worth? 

Depends on where you studied math
According to some ... 37 Indians 555

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2 hours ago, nev said:

Welcome to you Indian's and Chinese us whities are no longer wanted here we are systematically being eradicated from here.

 

And your opinion is based on what? I haven't heard any Aussie tourist to be denied entry here, they are still coming visa exempt.

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