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

[BigStar]

23 hours ago, joecoolfrog said:

Spend = income .

Income - costs is net revenue.

So please explain how 1 baht spent generates 10 baht in revenue.

Oh, the naivete. Addressed here.

[billd766]

5 hours ago, Traubert said:

You don't really get how an economy works do you?

I understand that Thai people going on holiday in Thailand spend money getting to and from their destination and also spend at the destination.

 

Of course by spending money elsewhere means that where they usually spend their money at home loses that amount of money.

 

All it achieves is simply the same money spent in a different locality so there is no real gain to the economy.

 

OTOH if the tourists were foreigners. then Thailand would gain income and foreign tourists would normally spend more than Thai tourists.

 

 

[ThailandRyan]

2 more Holidays this month that the Thais will be spending money during are Christmas, even though many have no clue what it is really about, and then New Years Eve.  Wonder how much debt will be carried into the new year.

[Susco]

With so many Thais having lost their jobs in the past year. I wonder where all those billions come from they "splash out" (correct worded for one particular pedant), during all those extra holidays.

 

Must be from the 500 baht they got from the government

[KhaoYai]

2 hours ago, BigStar said:

????Try to keep up

Pot calling kettle.

[billd766]

32 minutes ago, ThailandRyan said:

2 more Holidays this month that the Thais will be spending money during are Christmas, even though many have no clue what it is really about, and then New Years Eve.  Wonder how much debt will be carried into the new year.

Too much I think.

 

I think that if the government doesn't get its act together very soon there will be more layoffs, more businesses closing and more people deep in debt and out of work.

[johnarth]

if you come from Aussie the words "splash out" means I have over spent my wage hope that helps you farangs

[bwpage3]

Yuthasak said that 3.11 million Thais - trips would be undertaken and the economy would get a 12.6 billion baht injection.

 

No mention of how many actually DID take a trip and how much was actually spent.

 

Don't you find it odd the weekend is barely over and they have all these statistics already compiled?

[Traubert]

1 hour ago, bwpage3 said:

Yuthasak said that 3.11 million Thais - trips would be undertaken and the economy would get a 12.6 billion baht injection.

 

No mention of how many actually DID take a trip and how much was actually spent.

 

Don't you find it odd the weekend is barely over and they have all these statistics already compiled?

No.

[Blumpie]

It's better than a kick in the behind but the numbers are still horrific.  60 percent occupancy in one little town?  For one weekend?  During the week it must be zero.  

[stoutfella]

On 12/12/2020 at 9:35 AM, petermik said:

TAT have a very reliable crystal ball...only problem is when anyone outside takes a peek it clouds over.....

Only one crystal ball?

[joecoolfrog]

17 hours ago, sandyf said:

Loosing business or loosing lives, which should it be?

I think there has to be a ballance between the 2 , not easy to achieve granted.

[joecoolfrog]

9 hours ago, BigStar said:

Oh, the naivete. Addressed here.

Lol

Yep one solution fits all !

You really believe that the 'multiplier ' effect comes into play under the present economic circumstances ?

Furthermore you have still not explained how TAT produce specific numbers in advance.

Naive you say !

[Dialemco]

22 hours ago, sandyf said:

Loosing business or loosing lives, which should it be?

Absolutely no more long weekends save lives. Hope Thailand will not suffer second more deadly surge of Covid Infections. Stay safe keep your distance stay at home

[herfiehandbag]

On 12/12/2020 at 11:54 AM, mr mr said:

what about the poll that said the majority of thais were staying home this long weekend ? 

Well there were 3.1 million, give or take the odd few couples that TAT may have missed.

 

The population of Thailand is around 69 million.

 

The majority stayed at home!

Edited December 14, 2020 by herfiehandbag

[sandyf]

6 hours ago, joecoolfrog said:

I think there has to be a ballance between the 2 , not easy to achieve granted.

The Thais have put healthcare first and they can't be blamed for that.

The western countries that put the economy first have also decimated certain business sectors , hospitality venues in the UK are struggling everywhere, not just tourist venues.

I was at the food court in Bang Saen market last night, mobbed, nobody struggling for business there.

[BigStar]

13 hours ago, KhaoYai said:

Pot calling kettle.

How so?

[overherebc]

Rich tourist drops into a hotel in a small town that is suffering financially.

Puts a $100 bill on the counter and says I want to check all the rooms before I decide to stay or not. Manager gives him all the room keys and he goes off to check them

The manager grabs the bill and runs to pay the pig farmer the 100 he owes him.

The pig farmer runs to pay the feed merchant the 100 owed.

The feed merchant runs to pay the mechanic 100 owed for tractor repairs.

The mechanic runs to pay the local hooker 100 for the freebies he's had.

The hooker runs to pay the hotel for rent for rooms she's had for business.

The manger puts the 100 back on the counter and the tourist picks it up and says rooms are no good and leaves.

Town is now all debt free.

????

[brokenbag]

On 12/12/2020 at 7:08 PM, kuzmabruk said:

4,000 Baht per person over 4 days, or 1,000 Baht per day is not much spending in comparison to foreigners on holiday, but it sure is a shot in the arm for the tourism industry.

 

Probably more than the haggling hippies the country normally brings in... Or the stone table philosophers in here haha

[Pilotman]

I don't believe a word of it.  

Edited December 14, 2020 by Pilotman

[BigStar]

  

10 hours ago, joecoolfrog said:

You really believe that the 'multiplier ' effect comes into play under the present economic circumstances ?

Yep, it unquestionably does; TAT knows that quite well, 'cause they ain't stupid, hence the promotions. As you have no reasons to show that it doesn't--not that you ever knew anything about the multiplier effect in the first place anyway--it simply means you're enjoying staying in denial.???? Perfectly acceptable and common around here; don't worry in the slightest, carry on.

 

10 hours ago, joecoolfrog said:

Furthermore you have still not explained how TAT produce specific numbers in advance.

So much spoon feeding needed, poor thing. TAT's been at this for decades. They had the account of bookings already and preliminary verification coming in from from the hotels, wats and businesses from the first day. And so it's simple and normal, as they did, to extrapolate based on past performance. Basic statistical analysis any (cough) college kid could do.

 

You see EXACTLY the same thing in Western countries, agencies and news orgs forecasting right & left about how many travelers are going to be on the road or in the air during upcoming holidays. Sometimes they even estimate after the fact:

 

TSA . . .estimated last year that during the peak Christmas and New Year's travel days (between December 19 and January 5 for 2018), about 41 million passengers traveled through security screening checkpoints nationwide

 

LOL. Of course, we never hop up and down and spew nonsense about estimates over there. Even when they're wrong.????

 

Now if you read even the miserable summary of the article closely, which we'd never want to do, you'd find that TAT never said that's how many have traveled already. Note: trips would be undertaken. Would be. If you (gasp!) look at the original Thai, then it's completely clear that TAT is estimating. The Thai word ประมาณ, "estimate," appears no less than 7 (seven) times including in the lead just under the title.

 

Couldn't possibly be clearer. So TAT wasn't misleading anyone. You simply misled yourself through inattention, superficiality, bias, and selective reading. 

 

10 hours ago, joecoolfrog said:

Naive you say !

Thank you for further confirmation! That was more fun. Cheers! ????

[0815]

Could some native English speaker please enlighten me what "splash out" means ?

[BigStar]

9 minutes ago, 0815 said:

Could some native English speaker please enlighten me what "splash out" means ?

Yes. That's coded web marketing lingo for "Advertisers! Get ready for at least 10 pages of views and lots of clicks. We're gon' wind 'em up again!"

[overherebc]

1 hour ago, 0815 said:

Could some native English speaker please enlighten me what "splash out" means ?

A few ways to explain it but I think the best one was reported as being from Bill Clinton, who when asked if he had ever given gifts to gain favour admitted he once 'splashed out' on a new dress for Monica Lewinsky.

[joecoolfrog]

2 hours ago, BigStar said:

  

Yep, it unquestionably does; TAT knows that quite well, 'cause they ain't stupid, hence the promotions. As you have no reasons to show that it doesn't--not that you ever knew anything about the multiplier effect in the first place anyway--it simply means you're enjoying staying in denial.???? Perfectly acceptable and common around here; don't worry in the slightest, carry on.

 

So much spoon feeding needed, poor thing. TAT's been at this for decades. They had the account of bookings already and preliminary verification coming in from from the hotels, wats and businesses from the first day. And so it's simple and normal, as they did, to extrapolate based on past performance. Basic statistical analysis any (cough) college kid could do.

 

You see EXACTLY the same thing in Western countries, agencies and news orgs forecasting right & left about how many travelers are going to be on the road or in the air during upcoming holidays. Sometimes they even estimate after the fact:

 

TSA . . .estimated last year that during the peak Christmas and New Year's travel days (between December 19 and January 5 for 2018), about 41 million passengers traveled through security screening checkpoints nationwide

 

LOL. Of course, we never hop up and down and spew nonsense about estimates over there. Even when they're wrong.????

 

Now if you read even the miserable summary of the article closely, which we'd never want to do, you'd find that TAT never said that's how many have traveled already. Note: trips would be undertaken. Would be. If you (gasp!) look at the original Thai, then it's completely clear that TAT is estimating. The Thai word ประมาณ, "estimate," appears no less than 7 (seven) times including in the lead just under the title.

 

Couldn't possibly be clearer. So TAT wasn't misleading anyone. You simply misled yourself through inattention, superficiality, bias, and selective reading. 

 

Thank you for further confirmation! That was more fun. Cheers! ????

Anybody with a solid case would not need to resort to smarmy namecalling.

You appear to consider yourself superior to many others on this forum , I rather suspect in fact that the image you portray is as shambolic as the nonsense you peddle.

Have a nice day !

[Susco]

2 hours ago, BigStar said:

Yes. That's coded web marketing lingo for "Advertisers! Get ready for at least 10 pages of views and lots of clicks. We're gon' wind 'em up again!"

 

Looks as if someone fell for the bait

 

[SupermarineS6B]

3 hours ago, 0815 said:

Could some native English speaker please enlighten me what "splash out" means ?

Spread the Benjamins !  Blow some dough !  

 

[ThailandRyan]

Just now, SupermarineS6B said:

Spread the Benjamins !  Blow some dough !  

 

Make it rain

[KhaoYai]

10 hours ago, BigStar said:

How so?

You told me in your 'sirly' manner, that I should keep up. You sarcastically call members here ecomonic experts. You compare domestic tourist activity in Thailand with that of other countries.

 

All governments and their agencies employ 'Spin' when trying to put optimistic viewpoints forward and when trying to promote their policies but in terms of dealing with problems associated with Covid 19, none moreso than Thailand.  The amount and level of 'Spin' employed by the Thai government and its agencies is often totally unbelievable, unrealistic and pointless - sometimes childish.  Consider for example the numerous new visa schemes, travel bubbles etc. that they have come up with in an attempt to restore some of the income lost by the ban on 'normal' international tourists - all have failed. They are announced as if they are some new 'Messiah' that will save the country but they have all failed.

 

Similarily both the government and the TAT seem to be under some illusion that domestic tourism can somehow make a significant impact on the losses incurred by the missing millions of international tourists.  Against a background of a worsening economy they expect domestic tourists to spend more? Stupidity.

 

As I said, you sarcastically call members here economic experts but put forward a viewpoint in a manner that seems to claim that you have greater knowledge.

 

I would never claim to be an expert on economic factors - I just deal with 'real world' facts.  You cannot compare Thai domestic tourisim with that of the UK or anywhere else - Thai people are very different to others in their travel habits. For example, my wife and her family did indeed travel this holiday weekend. They travelled to my house near Khao Yai, taking their food with them and cooking it at home - this is typical Thai behaviour, they made little if any contribution to the local economy.

 

The real 'world' facts are that over the last 50 years, international tourism to Thailand has grown beyond belief.  Hotels, resorts and attractions have been built to accomodate that growth. The supply chains, transport services etc. that service the industry have subsequently grown proportionally.  All of this equals hundreds of thousands, if not millions of jobs for Thai people - many of whom are currently unemployed. It must also be understood that as a country's economy grows, so does its population - the population of Thailand today, is close to double what it was 50 years ago. A few holiday weekends and promotions will not even start to help the tourist industry - the hotels and resorts will be empty again tonight.

 

I could go on and on but looking at things from a 'real world' point of view it seems at the very least 'naive' for the TAT to make claims about the spending of a population who's income has been badly hit by unemployment and the general economic conditions resulting from the current pandemic. 

 

You may choose to believe the 'Spin' but by doing so, I think its you that needs to 'keep up' - keep up with the real situation, not the 'Spin' put out by the TAT.

Edited December 14, 2020 by KhaoYai

[billd766]

7 hours ago, 0815 said:

Could some native English speaker please enlighten me what "splash out" means ?

Have you ever considered doing a Google search all on your own?

 

I just did one on "splash out", and it means in English just what I thought it did.