Coronavirus crisis: Phuket expects 10 billion baht hit - but it could be twice as bad

[webfact]

Coronavirus crisis: Phuket expects 10 billion baht hit - but it could be twice as bad

 

Picture: Thai Rath

 

Thai Rath reported that the tourism association of Phuket were preparing for the worst as fallout from the coronavirus hits the island and neighboring Phangnga hard where it hurts most. 

 

In the pocketbook. 

 

Arrivals at Phuket International Airport were in fact up for this year's Chinese New Year compared to last year. 

 

From January 22nd to 28th there were 237,688 arrivals. From February 2nd to 8th 2019 (the lunar new year was later last year) there were 232,474 arrivals. 

 

So it was a 2% increase. 

 

But since two companies offering direct flights from the epicenter of the virus in Wuhan stopped coming this is now on a considerable downward trend. 

 

Various predictions are being made about the impact of the virus on revenue. 

 

A 50% hit on Chinese arrivals - an average expectancy - will mean 10 billion baht losses over expectations in the coming months until April. 

 

However, if 90% of Chinese visitors fail to materialize this will mean a 20 billion baht hit. 

 

Thai Rath said that the figures were based on an average Chinese visitor spending 7,500 baht a day. 

 

Source: Thai Rath

 

 

-- © Copyright Thai Visa News 2020-02-05

Follow Thaivisa on LINE for breaking Thailand news and visa info

[Just1Voice]

Karma!

[NCC1701A]

"Welcome Chinese tourist to Thailand. Please hold still while I inject to highly experimental Corona virus "cure" into your neck."

[petermik]

figures based on average Chinese visitors spending 7,500 baht/day......wishful thinking methinks

[Matzzon]

Not to worry! Just a minor set back. The baht will rise tomorrow.

[Gweiloman]

Great times ahead, future’s looking good. Huge drop in Chinese arrivals, farang tourists not coming due to high baht, expats leaving due to immigration crackdown. Thailand slowly reverting to the paradise it once was. 

[ChipButty]

5 minutes ago, Gweiloman said:

Great times ahead, future’s looking good. Huge drop in Chinese arrivals, farang tourists not coming due to high baht, expats leaving due to immigration crackdown. Thailand slowly reverting to the paradise it once was. 

I dont think you are old enough to remember that, before the second world war

[Gweiloman]

5 minutes ago, ChipButty said:

I dont think you are old enough to remember that, before the second world war

My first trip was in the early 80’s, mighty fine paradise for me then. 

[Deli]

Still too many of them around but a little relief it is.

[klauskunkel]

4 hours ago, webfact said:

Phuket expects 10 billion baht hit - but it could be twice as bad

Just let the TAT tell us what's what. Phiphat??!

[trainman34014]

No worries; all that extra dosh they've been making for the last 25 years by scamming, overcharging etc etc will cushion them over until the next crowd of mugs arrives from wherever !

[Skeptic7]

4 hours ago, ChipButty said:

I dont think you are old enough to remember that, before the second world war

 

4 hours ago, Gweiloman said:

My first trip was in the early 80’s, mighty fine paradise for me then. 

You're right...not that old, but similar to Gweiloman I came later  (1992) and it was still truly Amazing Thailand all thru the '90s. Even got the T-shirt! 

 

[hanssna]

5 hours ago, webfact said:

Thai Rath reported that the tourism association of Phuket were preparing for the worst as fallout from the coronavirus hits the island and neighboring Phangnga hard where it hurts most. 

Well, here in Phangnga we don't have many Chinese visitors, the ones that over-crowd Phangnga bay and Similan islands are coming from Phuket.

Anyway, nice and quiet there, we won't miss them ! 

[RichardColeman]

5 hours ago, webfact said:

A 50% hit on Chinese arrivals - an average expectancy - will mean 10 billion baht losses over expectations in the coming months until April. 

 

However, if 90% of Chinese visitors fail to materialize this will mean a 20 billion baht hit. 

Love the mathematics of that - 50% = 10 billion, 90% = 20 billion

[madmen]

Tuk Tuk starting price now 1k 

[Isaan sailor]

Repeat after me, TAT:  “Less is more...Less is more...Less is more...

[Stargeezr]

The Thai, Chinese relationship,  Okay SARS, is over, welcome back China,  Okay H1N1

is over, welcome back China  Okay Corona virus is over, welcome back China.  Anyone see a pattern here?  Just curious...

Geezer

[DrDave]

A 10 billion baht hit to the Phuket tourism business catering to the Chinese probably means about 9 billion baht less flowing back into Chinese-owned business both here and in China.