Harris Voices Outrage in Interview with Howard Stern

[webfact]

 

The tourism industry is currently in a state of distress, as the Tourism Council of Thailand (TCT) reports a significant decline in confidence in the sector. The tourism confidence index for the third quarter has dropped to 68, a steep fall from the pre-pandemic benchmark of 100, and even less than the previous quarter's 79.

 

This gloomy outlook is preventing the industry's recovery, mainly due to factors like factory closures, rising unemployment, increase in non-performing loans, and severe flooding both locally and globally.

 

In response to these challenges, the TCT is set to meet with the Tourism Authority of Thailand to advocate for increased government intervention through enhanced subsidies. Currently, they are proposing a boost in the co-payment travel scheme subsidies from 40% to 50% for the forthcoming phase.

This proposal is particularly aimed at the more remote, second-tier provinces. Chamnan Srisawat, TCT president, believes that a minimum budget of 5 billion baht could spur 5 million room bookings, bolstering domestic travel.

 

He emphasises the urgency, suggesting that waiting until the next low season might be detrimental, as 30 provinces are still reeling from recent floods.

 

The future tourism confidence index for the fourth quarter shows slight optimism with a predicted index of 80; however, uncertainties cloud this outlook. External threats like ongoing conflicts in Ukraine and the Middle East, alongside the strengthening baht, could further burden the sector.

 

Many tourism operators are experiencing revenue at a mere 47% of what was achieved in 2019. With an employment rate at 84% of pre-pandemic levels, the situation is far from stable. Occupancy rates have plummeted, particularly in regions affected by September floods, sparing only large and international hotels.

 

Chamnan's concerns highlight the pressing need for equitable recovery throughout the entire tourism supply chain, warning that the current uneven resurgence could lead to long-term instability in an industry so vital to Thailand’s economy, reported Bangkok Post.

 

Grand Palace Bangkok. File photo courtesy: Wikipedia

 

-- 2024-10-10

 

[ozz1]

Tct  tat how many of these useless departments are there? just trying to boost the governments ego

[edwinchester]

It seemed only last week that TAT were talking about a record breaking season.

[Paiman]

2 hours ago, webfact said:

This gloomy outlook is preventing the industry's recovery, mainly due to government officials having their head up their anu* and many Service providers the attitude being the Center of the Universe.

 

2 hours ago, webfact said:

 

The tourism industry is currently in a state of distress, as the Tourism Council of Thailand (TCT) reports a significant decline in confidence in the sector. The tourism confidence index for the third quarter has dropped to 68, a steep fall from the pre-pandemic benchmark of 100, and even less than the previous quarter's 79.

 

This gloomy outlook is preventing the industry's recovery, mainly due to factors like factory closures, rising unemployment, increase in non-performing loans, and severe flooding both locally and globally.

 

In response to these challenges, the TCT is set to meet with the Tourism Authority of Thailand to advocate for increased government intervention through enhanced subsidies. Currently, they are proposing a boost in the co-payment travel scheme subsidies from 40% to 50% for the forthcoming phase.

 

This proposal is particularly aimed at the more remote, second-tier provinces. Chamnan Srisawat, TCT president, believes that a minimum budget of 5 billion baht could spur 5 million room bookings, bolstering domestic travel.

 

He emphasises the urgency, suggesting that waiting until the next low season might be detrimental, as 30 provinces are still reeling from recent floods.

 

The future tourism confidence index for the fourth quarter shows slight optimism with a predicted index of 80; however, uncertainties cloud this outlook. External threats like ongoing conflicts in Ukraine and the Middle East, alongside the strengthening baht, could further burden the sector.

 

Many tourism operators are experiencing revenue at a mere 47% of what was achieved in 2019. With an employment rate at 84% of pre-pandemic levels, the situation is far from stable. Occupancy rates have plummeted, particularly in regions affected by September floods, sparing only large and international hotels.

 

Chamnan's concerns highlight the pressing need for equitable recovery throughout the entire tourism supply chain, warning that the current uneven resurgence could lead to long-term instability in an industry so vital to Thailand’s economy, reported Bangkok Post.

 

Grand Palace Bangkok. File photo courtesy: Wikipedia

 

-- 2024-10-10

 

 

[hotchilli]

2 hours ago, edwinchester said:

It seemed only last week that TAT were talking about a record breaking season.

That's what I thought...