Thailand's Tourist Arrivals To Expand 10-15% In 2010

[george]

Thailand's tourist arrivals to expand 10-15% in 2010

BANGKOK: -- The number of visitors to Thailand will expand 10-15 per cent next tyear to 14.5-15 million next year thanks to global economic recovery, according to the University of the Thai Chamber of Commerce.

It also expects the sector to generate higher income, in line with the rising number of tourist. The tourism income should rise 10-15 per cent to Bt500-Bt530 billion.

Thanavath Phonvichai, director of the university's Economic and Business Forecasting Centre, said that the global economic recovery is a major factor to create positive growth for the Kingdom's tourism industry.

It is also expected that the number of foreign tourists to Thailand will fall to 12.5 million to13 million this year, while tourism income would drop to Bt420 billion to Bt450 billion.

-- The Nation 2009-09-22

[cloudhopper]

Hey the University of the Thai Chamber of Commerce has declared Global Economic Recovery!

Sorted then.

[JUDAS]

Yes, of course it's only the economy which is affecting the number of tourist arrivals

[007]

Hey the University of the Thai Chamber of Commerce has declared Global Economic Recovery!

Sorted then.

Thailand - The Hub for Precise Economic Forecasts??

[webfact]

Thailand's tourist arrivals to expand 10-15% in 2010

They must have done a lot of promotion in China...

[KevinBloodyWilson]

Thailand's tourist arrivals to expand 10-15% in 2010

BANGKOK: -- The number of visitors to Thailand will expand 10-15 per cent next tyear to 14.5-15 million next year thanks to global economic recovery, according to the University of the Thai Chamber of Commerce.

It also expects the sector to generate higher income, in line with the rising number of tourist. The tourism income should rise 10-15 per cent to Bt500-Bt530 billion.

Thanavath Phonvichai, director of the university's Economic and Business Forecasting Centre, said that the global economic recovery is a major factor to create positive growth for the Kingdom's tourism industry.

It is also expected that the number of foreign tourists to Thailand will fall to 12.5 million to13 million this year, while tourism income would drop to Bt420 billion to Bt450 billion.

-- The Nation 2009-09-22

That's relief. Better send someone to tell Gordon Brown and that nice Mr Obama. They'll be so pleased. tell them Mr Phonvichai said. Their <deleted> will be wreathed in smiles.

[Thailand]

10% up from 40% down is still a hel_l of a lot down.

[tigerbalm]

It also expects the sector to generate higher income, in line with the rising number of tourist. The tourism income should rise 10-15 per cent to Bt500-Bt530 billion.

End of forecast..Crystal ball broken

[hhgz]

"10% up from 40% down is still a hel_l of a lot down."

At the beginning of the year, the Thai government stated that one million MORE Thais would lose their jobs because of the bad tourist industry. It didn't happen. The Thai government then revised the forecast: a TOTAL of one million Thais would be jobless because of the bad tourist industry. It didn't happen.

[Thailand]

"10% up from 40% down is still a hel_l of a lot down."

At the beginning of the year, the Thai government stated that one million MORE Thais would lose their jobs because of the bad tourist industry. It didn't happen. The Thai government then revised the forecast: a TOTAL of one million Thais would be jobless because of the bad tourist industry. It didn't happen.

Hardly any tourists and very low occupancy up here -people in the business cutting back on staff / job sharing!

Your source please.

[johng]

It didn't happen because the Thai govenment have no way of counting the number of unemployed.

[stevehaigh]

i wonder if they could tell me what my stocks will do with such a high degree of confidence?

by the way, apparently my member is now 'super'. the missus will be pleased.

Edited September 22, 2009 by stevehaigh

[Chunkton]

Hey the University of the Thai Chamber of Commerce has declared Global Economic Recovery!

Sorted then.

Thailand - The Hub for Precise Economic Forecasts??

Actually I think Helicopter Ben Bernanke is the master of wrong forecasts, he did state there was no bubbles and the economy was solid...just before it tanked. And drongos still believe him.

[salty]

There should be a crackdown on pie in the sky forecasts.

[rabcbroon]

I am not an economist - but I would offer this guy some simple advice:

Manufucturing jobs in America and Europe have gone - never to return

Education standards in the west have/are falling = less competitive = lower income

Stimulus package involved printing fiat currency from thin air further indebting the already debt laden populations

Simply put living standards in the west are falling and will continue to fall - there is no recovery. Papering over the cracks is not a recovery

[LaoPo]

Thailand's tourist arrivals to expand 10-15% in 2010

BANGKOK: -- The number of visitors to Thailand will expand 10-15 per cent next tyear to 14.5-15 million next year thanks to global economic recovery, according to the University of the Thai Chamber of Commerce.

It is also expected that the number of foreign tourists to Thailand will fall to 12.5 million to13 million this year, while tourism income would drop to Bt420 billion to Bt450 billion.

-- The Nation 2009-09-22

Rosy future for tourism....

The number of tourists include 2.257.877 tourists (2007) from Asean countries: Malaysia, Burma, Laos, Cambodia Malaysia's portion is already 1.551.959

If you would include Indonesia (233.919), Singapore (799.100)and Vietnam (254.252) it would be 1.287.271 extra tourists and totaling 2.839.230 "tourists" from the mentioned countries above.

I'm not even talking about China, Hong Kong, Taiwan, Japan and Korea totaling some 4 million tourists.

In comparison: Europe is good for a low 3.7 million; the Americas for 818.000; Oceania for 731.000; Middle East for 454.000 and South Asia for 685.000

All numbers for 2007.

Edit:

For the statistics lovers:

International_Country_2007.XLS International tourist arrivals to Thailand by country of residence January-December 2007

LaoPo

Edited September 22, 2009 by LaoPo

[givenall]

Hey the University of the Thai Chamber of Commerce has declared Global Economic Recovery!

Sorted then.

Who is the jerk who predicated this? I like him to go to MBK, and see everyone closed around 7:30 8:00 pm. Last year every one closed after 10:00PM

[surangw]

so using this forcaset, the thai club and hotel owners will raise their rates?

[jackr]

Hardly any tourists and very low occupancy up here -people in the business cutting back on staff / job sharing!

Your source please.

Exactly, I haven't seen it as quiet in the 10 years I've been here... reckon they must be including the in-transit passengers in that total.

[sorensen]

All numbers for 2007.

Edit:

For the statistics lovers:

International_Country_2007.XLS International tourist arrivals to Thailand by country of residence January-December 2007

LaoPo

When are the 2008 numbers available??

[007]

Actually I think Helicopter Ben Bernanke is the master of wrong forecasts, he did state there was no bubbles and the economy was solid...just before it tanked. And drongos still believe him.

Fair enough. But this thread is about the University of the Thai Chamber of Commerce and other such foolish institutions in this country.

[jonclark]

This is the power of positive attraction - Visualize what you want to happen and it will happen .

Right lets give this a go, close eyes and think ...... bigger jugs on the missus, bigger jugs on the missue...........

Bugger didn't work

[jonclark]

Come on guys all these predictions are made on the the basis of the power of positive attraction - Visualize what you want to happen and it will happen .

Rightthen lets give this a go, close eyes and think ...... 'bigger jugs on the missus, bigger jugs on the missue........... '

Bugger didn't work.

[boggzzy]

This is the power of positive attraction - Visualize what you want to happen and it will happen .

Right lets give this a go, close eyes and think ...... bigger jugs on the missus, bigger jugs on the missue...........

Bugger didn't work

Dont you know there is a cracdown on bigger jugs

[astral]

"10% up from 40% down is still a hel_l of a lot down."

[KevinBloodyWilson]

It didn't happen because the Thai govenment have no way of counting the number of unemployed.

Quite right.

Not enough fingers.

Edited September 23, 2009 by KevinBloodyWilson

[JR Texas]

Yes, of course it's only the economy which is affecting the number of tourist arrivals

That point is what struck me........they continue to repeat that mantra over and over again, forgetting about the myriad of other factors that have to do with Thai decision making...........they have done it to themselves.

[hansnl]

Thailand's tourist arrivals to expand 10-15% in 2010

BANGKOK: -- The number of visitors to Thailand will expand 10-15 per cent next tyear to 14.5-15 million next year thanks to global economic recovery, according to the University of the Thai Chamber of Commerce.

It is also expected that the number of foreign tourists to Thailand will fall to 12.5 million to13 million this year, while tourism income would drop to Bt420 billion to Bt450 billion.

-- The Nation 2009-09-22

Rosy future for tourism....

The number of tourists include 2.257.877 tourists (2007) from Asean countries: Malaysia, Burma, Laos, Cambodia Malaysia's portion is already 1.551.959

If you would include Indonesia (233.919), Singapore (799.100)and Vietnam (254.252) it would be 1.287.271 extra tourists and totaling 2.839.230 "tourists" from the mentioned countries above.

I'm not even talking about China, Hong Kong, Taiwan, Japan and Korea totaling some 4 million tourists.

In comparison: Europe is good for a low 3.7 million; the Americas for 818.000; Oceania for 731.000; Middle East for 454.000 and South Asia for 685.000

All numbers for 2007.

Edit:

For the statistics lovers:

International_Country_2007.XLS International tourist arrivals to Thailand by country of residence January-December 2007

LaoPo

Also interesting to know, or maybe even the most interesting, the spending per day per tourist and the number of days staying in Thailand.

A tourist spending 5000 baht a day and staying for 15 days is a lot more as a tourist spending 2500 baht a day and staying for 5 days.

But like everywhere in the world, the number of tourists seem to be more important as the amount of money spent in the country by those tourists

Edited September 23, 2009 by hansnl

[Khruumaiyai]

LaoPo

Also interesting to know, or maybe even the most interesting, the spending per day per tourist and the number of days staying in Thailand.

A tourist spending 5000 baht a day and staying for 15 days is a lot more as a tourist spending 2500 baht a day and staying for 5 days.

But like everywhere in the world, the number of tourists seem to be more important as the amount of money spent in the country by those tourists

From a UK perspective, rising student tuition fees and financial pressures mean there's no prospect of a return to the glory days of round-the-world gap years anytime soon. Bad news for places like Pai, I'd say. High-end tourism, though, may recover quicker?

[yorkieboy]

And which airport will be handling this deluge of flying pigs?