Tourism Revenue of 1.2 Trillion Baht Anticipated This Year

[webfact]

 

by Krajangwit Johjit

    

BANGKOK (NNT) - Tourism and Sports Minister Phiphat Ratchakitprakan has stated that tourism revenue in 2022 could total 1.2 trillion baht, which is below the government’s target of 1.5 trillion baht if no additional support or stimulus schemes are implemented.

 

According to Phiphat, stimulus packages, including a one-billion-baht project titled "Booster Shot" overseen by the Tourism Authority of Thailand (TAT) and a one-billion-baht sports tourism project, which aims to promote international and local sporting events throughout the country, have been proposed.

 

The Booster Shot, jointly proposed by the government and private sector, is being reviewed by the National Economic and Social Development Council (NESDC). The economic body is to determine whether to use the central budget or the emergency loan decree to support the program.

 

Despite tourism’s contribution to GDP reaching 18 percent before the pandemic, the minister said that over the past two years, the majority of measures proposed by the ministry to assist tourism operators were rejected.

 

Phiphat added that the industry requires the Booster Shot program to stimulate demand and strengthen tourism stakeholders.

 

TAT, meanwhile, stated that it would also coordinate with a number of airlines to increase the seating capacity of all flights to at least 50 percent of pre-pandemic levels and assist tourism operators, such as tour bus companies that have experienced a lack of customers from China, to transport more local tour groups.

 

 

-- © Copyright NNT 2022-07-22

 

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[worgeordie]

19 minutes ago, webfact said:

could

Says it all

regards Worgeordie

[Laughing Gravy]

Thanks TAT for another baseless and ridiculous forecast.

Edited July 22, 2022 by Laughing Gravy

[Photoguy21]

They do know that there are twelve zeros in a trillion dont they?

[ezzra]

Every couple of days the numbers go up, what come after Trillion i wonder? A gazillion baht i guess...

Edited July 22, 2022 by ezzra

[MyFriend You]

Sure it 'could' if the Baht went to a Thousand Baht for a Dollar................

[StayinThailand2much]

Seems feasable. They just need 3 million tourists who spend 400,000 baht on average. (Hello, Indian billionaires with the gold necklaces...????)

Edited July 22, 2022 by StayinThailand2much

[SymS]

They could achieve the same with *only* 37,500 rich businessmen applying for the 40 million baht scam program to purchase a land. Actually, even less since my calculation does not include the price of the land and house.

[kuzmabruk]

Yesterday I arrived in Singapore in the morning and went through immigration, not a bad experience and took about 30 minutes.  Returned in the afternoon to Suvarnabhumi and after walking 5 minutes from the plane to immigration, I was greeted with no lineups and a smiling friendly immigration office who said “next time you come don’t bother completing the TM6, it is not used anymore”.  All in all 5 minutes and I was (without bags as it was a day trip) outside the terminal.   Best immigration system in the world.   No one compares to the new Thailand. 

[Willy Wombat]

1.2 Trillion Baht

 

[StayinThailand2much]

16 minutes ago, kuzmabruk said:

Yesterday I arrived in Singapore in the morning and went through immigration, not a bad experience.

Did they ask to see proof of vaccination (e.g. app or paper copy)?

 

[Isaan sailor]

2 hours ago, TunnelRat69 said:

Sure it 'could' if the Baht went to a Thousand Baht for a Dollar................

Precisely.  To get tourists numbers up—they should know by now—get the Baht DOWN.

[kentrot]

Could you please find other topics to discuss other than TOURISM. That industry is less than 15% of GDP

(Wikipedia says 9-17%)

 

How about Agriculture ? Or Manufacturing ? Or Electronics ?

 

Lets widen the lens a bit and address the whole of the economy. Your focus and daily servings of stories  on tourism are getting monotonous. 

[natway09]

Mirror, mirror on the wall........now there is a job I could do

[Eaglekott]

50 minutes ago, kuzmabruk said:

Yesterday I arrived in Singapore in the morning and went through immigration, not a bad experience and took about 30 minutes.  Returned in the afternoon to Suvarnabhumi and after walking 5 minutes from the plane to immigration, I was greeted with no lineups and a smiling friendly immigration office who said “next time you come don’t bother completing the TM6, it is not used anymore”.  All in all 5 minutes and I was (without bags as it was a day trip) outside the terminal.   Best immigration system in the world.   No one compares to the new Thailand. 

I had the same experience in the beginning of the month, except they just took my TM6 and I had to wait over one hour for my checked in bag... They have not been able to hire back ground personell enough.

[Eaglekott]

I think they easy could hit 1.8 or even 2 trillion Baht, just put an extra 15% tax on weed and sexual services. 

[Fairynuff]

Anticipation is a wonderful thing, especially when you get paid for it. Reality however is another thing 

[zzaa09]

Wonder how much of this made up B1.2 trillion trickles down?

[MrJ2U]

Gas prices are definitely going to lower domestic tourism. 

[bristolgeoff]

One thing you notice TAT or whoever controls this,they make the figures high on everything.If they make it or not does not matter

[geisha]

Methinks they’ve been indulging in the happy herb ! 

[Soikhaonoiken]

Where does this clown get his figures from.....

Oh crystal ????  tell me more..

[hotchilli]

18 hours ago, webfact said:

Tourism and Sports Minister Phiphat Ratchakitprakan has stated that tourism revenue in 2022 could total 1.2 trillion baht,

Anticipated, could... 

[ThailandRyan]

6 minutes ago, hotchilli said:

Anticipated, could... 

Should be, might be, about..... .

[Stargeezr]

Great forecast for the profits of expectations, but could Thailand Tourism also give

us future tourists 60 days vacation in Thailand with no visa requirements? Just curious.

[jacko45k]

With or without the extra 300 baht charge?

[Pinot]

Always remember, everything stated by TAT is a lie. 

 

Okay, carry on

[crazykopite]

Is this the ANTICIPATED  income generated on the 10 million tourists that COULD visit the Kingdom this year I presume that as we are approaching the eight month they already have the number of visitors since 1st January 2022 and that’s how they have come to these figures or is it yet another case of PIGS MAY FLY  !!!!!!!

[crazykopite]

4 hours ago, hotchilli said:

Anticipated, could... 

ANTICIPATED was the word used COULD was the the 10 million tourists both are pipe dreams I take it all as a pinch of salt or better still PIGS MIGHT FLY !!!!!!

[mrbojangles]

22 hours ago, StayinThailand2much said:

Did they ask to see proof of vaccination (e.g. app or paper copy)?

 

I flew back yesterday and the check in desk wanted proof before issuing my ticket. Didn't need to show anything at Thai Immigration though.

 

I wan on an Emirates flight which was full but Suvarnabhumi was still pretty quiet.