Outbound travel market resilient despite weakening baht and fluctuating forex

[webfact]

 

Despite the weakening baht and fluctuating foreign currency exchange rates, the outbound travel market is predicted to remain stable.

 

This is largely due to the fact that potential tourists, possessing the necessary purchasing power, are prepared for travel in the cooler season, coupled with the fact that airlines are increasing flights.

 

Chotechuang Soorangura, the vice president of the Thai Travel Agents Association, revealed that numerous individuals who had previously postponed their travels during the final quarter of last year have now scheduled trips for this year. This is primarily due to the affordability of airfare and the increased seat capacity on international flights.

 

In the last quarter of the previous year, popular destinations for Thai travellers such as Japan, Hong Kong, and Taiwan were open with minimal Covid-19 restrictions. However, the volume of outbound travel did not match the projected figures for this year.

As the cooler season approaches, several airlines operating popular routes for Thai tourists have revealed plans to increase flight frequencies. Korean Air is increasing Seoul-Bangkok flights from three to five daily and doubling daily frequency from Seoul to Chiang Mai until March 2 next year.

 

by Alex Morgan

Photo: ttgasia.com

 

Full story: The Thaiger 2023-10-06

 

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[StayinThailand2much]

A lot of predictions with 'potential' tourists... 

Edited October 6, 2023 by StayinThailand2much

[Cake Monster]

I wonder how much cash is in those outbound suitcases