webfact Posted January 26, 2020 Share Posted January 26, 2020 Wuhan virus expected to hit Thai and Asian tourism hard By The Nation File Photo/Nationphoto The outbreak of the Wuhan virus may cost Thai and Asian tourism industries Bt100 billion in lost income, an economist has warned. Preliminary estimates of the impact on tourism and related businesses in Thailand and other Asian nations are at around Bt80 billion to Bt100 billion, if the spread of the virus is contained by early March, Anusorn Tamajai, director of Economic and Business Research Centre at Rangsit University, said. He warned that the impact could be more severe than that of SARS 17 years ago. If the virus is not controlled by March, then the cost could be even higher, he said. The Thai economy could expand by just 1.8 to 2.4 per cent in the first and second quarters, he said. Asian economies this year may not recover to the average 6 per cent growth as expected and China’s growth may fall below 5.8 per cent. The number of Chinese tourists are expected to drop by 1 to 2 million and foreign arrivals could be down by at least 2 per cent. The Chinese government has already imposed travel restriction measures on Wuhan and other cities suspected of having cases of the new coronavirus infections. The Thai government is targeting 41.8 million tourists this year with estimated revenue of Bt2.2 trillion, which will make Thailand one of the top six countries in terms of income from tourism. The UN World Tourism Organisation had forecast that Asia's tourism industry would expand by 7 per cent this year. However, the impact of the new coronavirus could slow growth to below 5 per cent, said Anusorn. Speaking on a related issued, he said he did not agree with the Tourism and Sports Ministry’s proposal to offer cash handouts to foreign tourists. The government should instead allocate a budget to develop tourism sites and clean up air pollution, or PM 2.5 dust particles, he said. Source: https://www.nationthailand.com/business/30381104 -- © Copyright The Nation Thailand 2020-01-27 Follow Thaivisa on LINE for breaking Thailand news and visa info 1 Link to comment Share on other sites More sharing options...
Popular Post Soikhaonoiken Posted January 26, 2020 Popular Post Share Posted January 26, 2020 Thailand you're putting all your eggs in one basket, and relying on Chinese and Indian tourist, now look what's happened and where it might leave you in the sh*t.... 39 5 12 Link to comment Share on other sites More sharing options...
Popular Post ukrules Posted January 26, 2020 Popular Post Share Posted January 26, 2020 This is another nail in the coffin for sure. TAT had better change strategies if they want to remain employed. 8 1 3 Link to comment Share on other sites More sharing options...
Popular Post JHolmesJr Posted January 26, 2020 Popular Post Share Posted January 26, 2020 (edited) 53 minutes ago, webfact said: The outbreak of the Wuhan virus may cost Thai and Asian tourism industries Bt100 billion in lost income, an economist has warned. so? who cares abut that? Isn't it more important to lock this thing down so more people don't die in the name of posting better financial results? Edited January 26, 2020 by JHolmesJr 25 6 Link to comment Share on other sites More sharing options...
Odysseus123 Posted January 26, 2020 Share Posted January 26, 2020 9 minutes ago, ukrules said: This is another nail in the coffin for sure. TAT had better change strategies if they want to remain employed. Ah..no they will always be employed...even if they are hawking TAT from a street cart.. ..and now you have 'em earnestly looking up the noble country of Strategy on the world map left behind by Admiral Feng Shui of the Ming Empire.. 1 Link to comment Share on other sites More sharing options...
Popular Post ezzra Posted January 26, 2020 Popular Post Share Posted January 26, 2020 Like with every other epidemics, fear, confusions and uncertainty will always cause a ripple and disrupt people lives everywhere, what remain to be seen how long and at what cost this one will end?... 8 Link to comment Share on other sites More sharing options...
Popular Post lust Posted January 26, 2020 Popular Post Share Posted January 26, 2020 1 hour ago, ukrules said: This is another nail in the coffin for sure. TAT had better change strategies if they want to remain employed. How many nails are we at now? 7 1 11 Link to comment Share on other sites More sharing options...
Popular Post Matzzon Posted January 26, 2020 Popular Post Share Posted January 26, 2020 That´s how it is to focus to much on one source of income. 9 Link to comment Share on other sites More sharing options...
Popular Post Genericnic Posted January 26, 2020 Popular Post Share Posted January 26, 2020 To paraphrase an old saying, beware of Chinese bearing gifts. David 9 5 Link to comment Share on other sites More sharing options...
Popular Post justin case Posted January 27, 2020 Popular Post Share Posted January 27, 2020 even there would be a pandemic, TAT will still announce : tourist numbers are up ! 5 1 6 Link to comment Share on other sites More sharing options...
Popular Post rocket3rider Posted January 27, 2020 Popular Post Share Posted January 27, 2020 They adopt a national uniform like 1.4 billion panel beaters ????, but all still walk around hacking and spitting gollies like camels. No wonder the joint’s a Petri dish for incubating and mutating virus’s ???? 12 3 6 Link to comment Share on other sites More sharing options...
Popular Post ChipButty Posted January 27, 2020 Popular Post Share Posted January 27, 2020 I was speaking to some guy yesterday here in Phuket and he is down 40% all Chinese cancellations 9 Link to comment Share on other sites More sharing options...
Popular Post tifino Posted January 27, 2020 Popular Post Share Posted January 27, 2020 3 minutes ago, ChipButty said: I was speaking to some guy yesterday here in Phuket and he is down 40% all Chinese cancellations ...but trying for 100% ? 7 Link to comment Share on other sites More sharing options...
Popular Post Odysseus123 Posted January 27, 2020 Popular Post Share Posted January 27, 2020 15 minutes ago, rocket3rider said: They adopt a national uniform like 1.4 billion panel beaters ????, but all still walk around hacking and spitting gollies like camels. No wonder the joint’s a Petri dish for incubating and mutating virus’s ???? Agreed..but please add into the mix the fixation with parts of exotic animals (and their glands) usually for the purpose of aphrodisiacs and you have a hell of a lot of monkey business going on... 9 3 Link to comment Share on other sites More sharing options...
Popular Post Somtamnication Posted January 27, 2020 Popular Post Share Posted January 27, 2020 The Thais have no clue what is about to happen. The Chinese are furiously deleting social media videos that show a pandemic. Expect more robberies and assaults, people. Same same during the SARS issue 17 years back. 14 1 Link to comment Share on other sites More sharing options...
RotBenz8888 Posted January 27, 2020 Share Posted January 27, 2020 3 hours ago, webfact said: offer cash handouts to foreign tourists. Free coffins instead? Made in Thailand, of course. 2 Link to comment Share on other sites More sharing options...
mike787 Posted January 27, 2020 Share Posted January 27, 2020 It is and will hit it much much harder... 1 Link to comment Share on other sites More sharing options...
miamiman123 Posted January 27, 2020 Share Posted January 27, 2020 Thailand already in life support and if this virus is real....China is done economically and so is Thailand .... iphone 12 made in China? i don’t think so watch it! Link to comment Share on other sites More sharing options...
Popular Post tifino Posted January 27, 2020 Popular Post Share Posted January 27, 2020 The Mayor of Amity Island Lives ON, in spirit 1 5 Link to comment Share on other sites More sharing options...
Popular Post nobodysfriend Posted January 27, 2020 Popular Post Share Posted January 27, 2020 (edited) That's what you get when you capture innocent wild animals , torture them by putting them in small cages and slaughter them in front of the' customers ' . DESERVED ! Edited January 27, 2020 by nobodysfriend 8 2 6 Link to comment Share on other sites More sharing options...
saggicool Posted January 27, 2020 Share Posted January 27, 2020 maybe time for prayer at the Bat God !! as people in china started with bat eating with no proper preparation.. as they suspect it is from Bat eating ! ???? 1 1 1 Link to comment Share on other sites More sharing options...
Popular Post Geoffggi Posted January 27, 2020 Popular Post Share Posted January 27, 2020 As usual the Thai government are last out of the blocks and the only steps being made are backwards ......... Unfortunately this situation is not funny......... 4 Link to comment Share on other sites More sharing options...
Popular Post TKDfella Posted January 27, 2020 Popular Post Share Posted January 27, 2020 I read yesterday that some countries are considering denying all Chinese tourist entry. Never mind Thailand will accept them. 6 1 Link to comment Share on other sites More sharing options...
Bundooman Posted January 27, 2020 Share Posted January 27, 2020 2 hours ago, lust said: How many nails are we at now? Certainly nail-gun rapidity of fire quantity, but with an extra magazine or two? 2 Link to comment Share on other sites More sharing options...
tifino Posted January 27, 2020 Share Posted January 27, 2020 2 minutes ago, saggicool said: maybe time for prayer at the Bat God !! as people in china started with bat eating with no proper preparation.. as they suspect it is from Bat eating ! ???? but is there any way of removing incurable Rabies from the menu either? Link to comment Share on other sites More sharing options...
Popular Post saggicool Posted January 27, 2020 Popular Post Share Posted January 27, 2020 (edited) human are too greedy , they eat wild animals not for survival but for pleasure ..! now other inocent people also infected.. hope those who catches and trade on those wild animals and dogs that kept in tight cages etc , handlers , slaughter and smuggler , get the 1st hand taste of the virus themselves.. Quoted :"innocent wild animals , torture them by putting them in small cages and slaughter them in front of the' customers ' . DESERVED !" Edited January 27, 2020 by saggicool 3 Link to comment Share on other sites More sharing options...
Popular Post chilli42 Posted January 27, 2020 Popular Post Share Posted January 27, 2020 How about a healthy over reaction like closing the airports to all Chinese flights. Sure it would be painful but better that than a health crisis in the country. The government should be looking out for the well being of all Thai’s not hotel owners. 4 Link to comment Share on other sites More sharing options...
Popular Post Jimbo2014 Posted January 27, 2020 Popular Post Share Posted January 27, 2020 2 hours ago, lust said: How many nails are we at now? 5 Link to comment Share on other sites More sharing options...
Popular Post Sunderland Posted January 27, 2020 Popular Post Share Posted January 27, 2020 It's too late. The virus will be firmly established in Bangkok within 2 weeks. The Thai government had a chance to put a proper plan into action, but sadly they don't have one. Whatever happens from here will be too little, too late. 5 Link to comment Share on other sites More sharing options...
Popular Post Assurancetourix Posted January 27, 2020 Popular Post Share Posted January 27, 2020 4 hours ago, webfact said: Preliminary estimates of the impact on tourism and related businesses in Thailand and other Asian nations are at around Bt80 billion to Bt100 billion, What is still fantastic is that the first concern of the Thai authorities is the negative cost that this will generate from the point of view of tourism. the health of thai people? They don't care; on the other hand the health of their brown envelops and wallets , there, it is very important; the world of finance, in general and of Thailand in particular is really walking on the head. 12 Link to comment Share on other sites More sharing options...
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