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Long weekend: TAT upbeat as "lively" weekend sees 3.1 million Thai tourists splash out 12 billion baht


rooster59

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22 minutes ago, meechai said:

Look again Small Star

Long weekend: TAT upbeat as "lively" weekend sees 3.1 million Thai tourists splash out 12 billion baht

So it isn't actually in that sentence. Period. Whoops.

 

Now you've changed to the misleading headline written by some hack web content writer. That may have purposeful fake news just to suck our countless ace Economists into getting out their little calculators, as they typically do. If so, it worked well, no? But it was probably just the same mistake you've made.

 

In fact, TAT governor Yutthasak Suphasorn actually said no such thing. Duh. 

Edited by BigStar
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pretty quiet in Hua Hin looked like an average weekend maybe worse. all the big airbnb houses near my house were empty. i'd say people are getting jaded to these long weekends or are taking advantage and travelling further afield, maybe to see family. they certainly aren't here in big numbers

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13 minutes ago, smew said:

how do they get these numbers so.... accurate ... 3.11 million Thais - economy would get a 12.6 billion.. it is simply amazing   

The TAT statistical department is world famous for producing accurate statistics from verified data in extra-fast time. highly dubious figures based on a whim and last month's lottery numbers.

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1 hour ago, dutchweller said:

So people are struggling with unemployment/underemployed 

Yet TAT want use to believe 3.1 million Thais generated on average almost 3900 bhat revenue over a 4 day weekend that has not finished yet...

Yes, the point is to help those unemployed/underemployed/about-to-be-unemployed Thais to have jobs or keep their current jobs, even at reduced salary, by giving some help to businesses at least partly catering to domestic tourists--which has a ripple effect (as we understand perfectly in terms of beer bar economics). 

 

Better to generate the revenue needed productively from those who have earned it to spend rather than just printing money and spreading it around in accordance with nanny state economics--one reason the Thai economy and the baht have done pretty well, all considered. We don't like that, especially that obscenely strong baht that makes beer prices expensive in terms of the GBPeso. 

 

And we'd all understand this perfectly well in the case of our own home (farang) countries but we simply must pretend that we don't when it comes to Thailand.  

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25 minutes ago, smew said:

how do they get these numbers so.... accurate ... 3.11 million Thais - economy would get a 12.6 billion.. it is simply amazing   

Only to the ignorant. If you studied up on it, you'd find that one baht spent by a domestic tourist might generate 10 baht in revenue. Hence TAT's figures are conservative enough.

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5 hours ago, Pottinger said:

The amazing, prescient TAT - one day into a four day holiday and they already have the figures!

Is there anything they don't know in advance?

No wonder Thailand is such a world leader.

 

Edited by findlay13
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5 hours ago, meechai said:

Now lemme get this straight.........

 

Each one million Thai Tourist will spend 4 Billion Baht?

 

Ummm ok then

You put the lime in the coconut, you drank 'em bot' up
Put the lime in the coconut, you drank 'em bot' up

 

Wow your math is worse than TATs, congrats. 

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5 hours ago, meechai said:

Now lemme get this straight.........

 

Each one million Thai Tourist will spend 4 Billion Baht?

 

Ummm ok then

You put the lime in the coconut, you drank 'em bot' up
Put the lime in the coconut, you drank 'em bot' up

4,000,000,000 Bt divided by 1,000,000 tourists = 4000 Bt/tourist.

Still think it is unreasonable?

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