Budget travel: Thai travelers choose affordability amid economic instability

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In the wake of an unpredictable global economy, travellers are becoming increasingly cost-conscious. A recent survey by online travel agency Booking.com revealed that the majority of Thai citizens are apprehensive about the escalating cost of living and are thus curtailing their expenditure on travel, opting for budget travel instead.

 

Michelle Gao, the regional manager for the Mekong region at Booking.com, suggested that this trend of thrifty travel expenditure is likely to persist due to the ongoing influence of economic instability, inflation, and global conflicts on consumer confidence.

 

Booking.com undertook a travel prediction survey for next year in July, gathering the future 12 to 24 month travel plans of 27,730 respondents across 33 countries, 1,033 of whom were Thai. The survey unveiled that 65% of Thai respondents were anxious about the surge in living costs. Consequently, 45% of them are considering budget-friendly accommodation options for future travel.

 

Furthermore, one-third of the Thai respondents are planning to curb their spending during travel, with 33% favouring less costly travel destinations. Despite the demand for luxury services, travellers are on the lookout for more affordable alternatives. Michelle pointed out that 65% of Thai travellers are more inclined to purchase a day pass for utilising facilities at a five-star hotel than to stay overnight.

 

by Alex Morgan

Photo: Freepik

 

Full story: The Thaiger 2023-11-10

 

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[KhunLA]

Good luck finding 'budget' friendly accommodations in tourist areas. Granted I'm restricted at times, as need pet friendly & parking, but prices have gone way up for hotels.   Unless well off the beaten tourist track which we are quite often.

 

But visiting the daughter at Krung Thep has become more expensive, as limited options.  Of course she has a condo that is NOT pet friendly.   Wonder if she's trying to tell me something 😂

 

And no, I won't put her/dog, in a kennel.  Even the ones that say you can pay extra for AC, but they don't use it, as she was shedding like crazy when we picked her up, so they didn't use the AC they charged for.  Then have to de-flee/tick her.   NO THANKS

[MrPancake]

Who are the cheap charlies now, bitches? Huh?

 

 

[Srikcir]

Tourists will chose security over affordability.