Sluggish tourism business forecast over Mother’s Day weekend

[webfact]

 

Tourism-related business during the August 12th-14th Mother’s Day long weekend in Thailand is not expected to be as active as it was during the same period last year, due to the high prices of fuel, goods and services, which are the main obstacles to traveling and spending, according to Yuthasak Supasorn, governor of the Tourism Authority of Thailand.

 

He said that the number of people expected to make one-day trips, without an overnight stay, will be as many as those who spend a night or two away, generating tourism revenue estimated at about 8.7 billion baht, a 5% drop compared to last year.

 

He said that the Korean TV series “King the Land” has positively influenced visits to Bangkok, with an estimated 600,000 visitors expected during the three-day weekend, up about 10.82% compared to the same period last year.

 

Full story: https://www.thaipbsworld.com/sluggish-tourism-business-forecast-over-mothers-day-weekend/

 

-- © Copyright Thai PBS 2023-08-10

 

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[2long]

Could it be anything to do with

- there being a load of recent long holidays

- it could rain hard at any time

- people are unsure of the country's situation going forward

[hotchilli]

2 hours ago, webfact said:

Tourism-related business during the August 12th-14th Mother’s Day long weekend in Thailand is not expected to be as active as it was during the same period last year, due to the high prices of fuel, goods and services, which are the main obstacles to traveling and spending, according to Yuthasak Supasorn, governor of the Tourism Authority of Thailand.

People maxed out at the start of the month, no funds left this month.

[ikke1959]

Maybe there are too many holidays and there is no money anymore as they have spend it already on previous long weekends

[Burma Bill]

3 hours ago, webfact said:

Tourism-related business during the August 12th-14th Mother’s Day long weekend in Thailand is not expected to be as active as it was during the same period last year,

I am not surprised when it comes to Domestic Tourism: (Google)

 

On July 3, the Bank of Thailand announced the country's household debt had reached 16 trillion baht ($455 billion) in the first quarter of 2023, or 90.6% of the kingdom's gross domestic product, a further deterioration from the 87% recorded in the fourth quarter of 2022.Jul 9, 2023

Edited August 10, 2023 by Burma Bill
additional information

[StayinThailand2much]

1 hour ago, ikke1959 said:

Maybe there are too many holidays and there is no money anymore as they have spend it already on previous long weekends

I read somewhere that the banks planned to reduce new lending to their customers...

[Isaan sailor]

Debt is a way of life in Isaan.  We try not to loan money, except for emergency situations, and even then, we don’t expect repayment.  It’s more like a helping hand/gift.

[RichardColeman]

1 hour ago, StayinThailand2much said:

I read somewhere that the banks planned to reduce new lending to their customers...

Considering you can walk into a bank here and basically walk away with a pick nobody could sanely afford in the west merely as you have your flip flops in the right feet, I will hold my breath n loans going down. 

[mikebell]

21 hours ago, webfact said:

during the August 12th-14th Mother’s Day long weekend in Thailand

Another one?  When do Thais work?  The police get so many weekends off it's hardly worth popping into the station these days.