Thailand May Lose Bt20 Billion In Tourism Revenue From Japan Quake, Tsunami

webfact · March 19, 2011

Thailand may lose Bt20 billion in tourism revenue from Japan quake, tsunami

BANGKOK, March 19 -- Thailand may lose between Bt15-20 billion in tourism revenue in 2011 due to decline of Japanese tourists arrivals in the wake of a massive quake and tsunami which had devastated Japan’s northeast coast on March 11, according to a research conducted by privately-run Kasikorn Research Center.

The research said it was earlier projected that about 1.2 million Japanese tourists would visit Thailand in 2011 and the country would earn Bt38 billion as Japan’s economy has started recovering. But the devastating earthquake and tsunami that rocked northeast cost of Japan last week and subsequent crisis at nuclear power plants are expected to put pressure on Thailand’s tourism as it is now believed that only about 850,000 Japanese would visit the country this year, down 12 per cent from last year, which would translate to revenue of approximately Bt23 billion, a decline of 23 per cent.

Damages inflicted on the Japanese economy due to the disaster were initially estimated at not less than US$100 billion and the number of Japanese tourists visiting Thailand this year could improve during the last quarter if rehabilitation advances rapidly, the report said.

Despite the expected sharp decline of Japanese tourists visiting Thailand in 2011, the overall tourism industry in this country is still strong due to expected improvements in visitors from China, South Korea, India, Scandinavian countries and Russia to Thailand, it said.

If political unrest in Thailand is solved during the second half of this year and every party concerned cooperates with each other in an attempt to improve the tourism industry then there is an opportunity that the country’s tourism business could expand higher than earlier projection at between 17-17.15 million tourists with tourism revenue higher than Bt600-605 billion, it said.

Kasikorn Research Center suggested that the catastrophe in Japan could offer Thailand as a country to expand its home stay business for elderly Japanese who wish to stay in safer countries where expenses are less than their home country.

Thailand has sufficient attractive tourism places, service personnel and the cost of living is much lower than several neighbouring countries, and long home stay could help solve an oversupply in hotel rooms and unemployment problems, it added. (MCOT online news)

-- TNA 2011-03-19

kevc · March 19, 2011

Why don't they look closer to home for the drop in tourism, stop the long lines to get into and out of the country, stop the scams with taxis and customs stopping tourists after they've cleared, stop the cigarette police giving tourists a holiday to remember and last but not least clear out the touts telling everyone "The Grand Palace is closed today but". Not to mention politics and the fact that people don't book in advance now in case the country blows up again and they loose their once a year holiday.

landofthefree · March 20, 2011

Why don't they look closer to home for the drop in tourism, stop the long lines to get into and out of the country, stop the scams with taxis and customs stopping tourists after they've cleared, stop the cigarette police giving tourists a holiday to remember and last but not least clear out the touts telling everyone "The Grand Palace is closed today but". Not to mention politics and the fact that people don't book in advance now in case the country blows up again and they loose their once a year holiday.

Because they are Thai and don't consider the future. They are quite funny to watch in action, the best thing to do is to see the funny side in them and to realize they are and always will be third world people in a third world country. That is always going to give us an advantage over them so I would just relax, laugh at them and enjoy it here.

zzaa09 · March 20, 2011

Why don't they look closer to home for the drop in tourism, stop the long lines to get into and out of the country, stop the scams with taxis and customs stopping tourists after they've cleared, stop the cigarette police giving tourists a holiday to remember and last but not least clear out the touts telling everyone "The Grand Palace is closed today but". Not to mention politics and the fact that people don't book in advance now in case the country blows up again and they loose their once a year holiday.

Because they are Thai and don't consider the future. They are quite funny to watch in action, the best thing to do is to see the funny side in them and to realize they are and always will be third world people in a third world country. That is always going to give us an advantage over them so I would just relax, laugh at them and enjoy it here.

What is "Third World"? And who made that term up?

EyesWideOpen · March 20, 2011

Third world is easy to figure out as a criteria . It is where government officials buy their positions, then start looting........ :-) Back on topic, I still feel it is unseemly at best to be worrying tourism dollars while bodies are being pulled out of wreckage. Naked greed is ugly to watch

gotlost · March 20, 2011

Third world is easy to figure out as a criteria . It is where government officials buy their positions, then start looting........ :-) Back on topic, I still feel it is unseemly at best to be worrying tourism dollars while bodies are being pulled out of wreckage. Naked greed is ugly to watch

Thailand at its finest.

dumball · March 20, 2011

A country devastated by a horrific act of nature , thousands of its people dead or missing , millions have lost everything they possessed , it will take years to recover .

Thailands greed over-rides all of this showing only concern with their own selfish monetary gain , shows the mindset of a misguided population . This could have repercussions in many countries thoughts of a holiday destination , it just magnifies many tales of corruption and scamming .

Shame on you .

Shurup · March 20, 2011

Aren't you supposed to get the money before you actually LOOSE it?

I don't know what is a Third World, but I know what is a Third World COUNTRY.

P.S. Now that they supposedly LOOSE their money, everyone need to hold on to their pokets are the gready bastards will try to get you to compensate what they LOOSE.

Can I predict a rise in Thai Scam Industry?

MrsMills · March 20, 2011

Thailands greed over-rides all of this showing only concern with their own selfish monetary gain , shows the mindset of a misguided population .

And New Zealand, Australia, UK, Taiwan, Hawaii, mainland USA, Canada are also only showing concern for their own selfish monetary gain, just shows the mindset of the misguided populations that are there. !!! Even the Japanese Tourism Authorities are talking about the Tourism impact.

News Flash : It's what tourism authorities do, they talk about events that can affect tourism.

Shame on them.

http://www.tourisman...rism_Worldwide_

http://www.breakingt...rkets-globally/

http://www.bloomberg...tion-leaks.html

http://www.staradver...ap_tourism.html

http://www.google.com/#sclient=psy&hl=en&safe=off&tbs=nws:1&q=Japanese%20tourism%20industry%20&aq=&aqi=&aql=&oq=&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=215f0e9f0e55ac60&pf=p&pdl=3000

etc etc etc .......

Edited March 20, 2011 by MrsMills

dumball · March 20, 2011

Mrs , mrs , mrs mrs Mills , as the old song goes-----------------This thread and forum is concerned with Thai and Thailand , ever notice that . Perhaps your spectacles are more red than rosy at this time .

whybother · March 20, 2011

Mrs , mrs , mrs mrs Mills , as the old song goes-----------------This thread and forum is concerned with Thai and Thailand , ever notice that . Perhaps your spectacles are more red than rosy at this time .

Yes. This is Thailand.

Let's ignore the fact that most countries have reported about the financial impacts of the Japan disaster on their countries, and let's complain about all of Thailand because one person has reported on a research paper produced by someone doing their job.

ginjag · March 20, 2011

Thailands greed over-rides all of this showing only concern with their own selfish monetary gain , shows the mindset of a misguided population .

And New Zealand, Australia, UK, Taiwan, Hawaii, mainland USA, Canada are also only showing concern for their own selfish monetary gain, just shows the mindset of the misguided populations that are there. !!! Even the Japanese Tourism Authorities are talking about the Tourism impact.

News Flash : It's what tourism authorities do, they talk about events that can affect tourism.

Shame on them.

http://www.tourisman...rism_Worldwide_

http://www.breakingt...rkets-globally/

http://www.bloomberg...tion-leaks.html

http://www.staradver...ap_tourism.html

etc etc etc .......

Shame on you Madam Mills, defender of the faith, I will part agree with you if this was a ONE OFF, but it is not, the problem is with most through experience here, it's happening all the time. This is why you get Thai bashers, they don't love to do it, they speak the truth--not in denial the same as you. Better you rattle you keyboard Mrs Mills, thats what your good at. ( for posters here that don't know,Mrs Mills was a pianist 40years ago in England, and was a lovely person.)

MrsMills · March 20, 2011

Mrs , mrs , mrs mrs Mills , as the old song goes-----------------This thread and forum is concerned with Thai and Thailand , ever notice that . Perhaps your spectacles are more red than rosy at this time .

If you are not going to compare Thailand with other countries, how can you judge Thailand as being so terrible? You can't.

So therefore you judge Thailand against other countries, therefore, what other countries do must come into the equation.

And they are doing the same thing as Thailand.

Get it ?

MrsMills · March 20, 2011

( for posters here that don't know,Mrs Mills was a pianist 40years ago in England, and was a lovely person.)

The current day Mrs Mills is in Thailand, and is also a lovely person.

Edited March 20, 2011 by MrsMills

MrsMills · March 20, 2011

This is why you get Thai bashers, they don't love to do it,

ginjag · March 20, 2011

Mrs , mrs , mrs mrs Mills , as the old song goes-----------------This thread and forum is concerned with Thai and Thailand , ever notice that . Perhaps your spectacles are more red than rosy at this time .

If you are not going to compare Thailand with other countries, how can you judge Thailand as being so terrible? You can't.

So therefore you judge Thailand against other countries, therefore, what other countries do must come into the equation.

And they are doing the same thing as Thailand.

Get it ?

You get this Madam, Who's the one thats complaining about all being bad to Thailand, posters are merely saying that this is not a one off, this sort of thing is on going here,hence the complaints. You do NOT have to judge Thailand against other countries, experience here tells you what's wrong. AND once and for all get off the gas stove Granny your to old to ride the range. Forum Members critics of things happenning here does NOT mean Thailand is TERRIBLE

ginjag · March 20, 2011

This is why you get Thai bashers, they don't love to do it,

Could well be a habit then Dear, once bitten twice shy. Bye the way hope you havent gained any more weight here, If you have go and roll down Pattaya beach front and crush the Jet sea scammers. :cheesy: enjoy your stay here in the land of scam free people.

dumball · March 20, 2011

'ginjag' timestamp='1300588775' post='4296269']

'MrsMills' timestamp='1300588218' post='4296254']

'dumball' timestamp='1300587760' post='4296232']

Mrs , mrs , mrs mrs Mills , as the old song goes-----------------This thread and forum is concerned with Thai and Thailand , ever notice that . Perhaps your spectacles are more red than rosy at this time .

If you are not going to compare Thailand with other countries, how can you judge Thailand as being so terrible? You can't.

So therefore you judge Thailand against other countries, therefore, what other countries do must come into the equation.

And they are doing the same thing as Thailand.

Get it ?

You get this Madam, Who's the one thats complaining about all being bad to Thailand, posters are merely saying that this is not a one off, this sort of thing is on going here,hence the complaints. You do NOT have to judge Thailand against other countries, experience here tells you what's wrong. AND once and for all get off the gas stove Granny your to old to ride the range. Forum Members critics of things happenning here does NOT mean Thailand is TERRIBLE

Note to self .

" Self , please remember to mention that Thailand is a wonderful country as noted in your 7 years of living there , this does not mean you have to take the stance of the im-bedded thaiwise amongst us " One needs to remember that not all things suit all people and not all people suit all things , that is why there are forums such as thaivisa where we can discuss or pontificate our different slants on life or our general surroundings . It will be a sad happening and therefore life when all people descend into a world of sheeply beings .

ginjag · March 20, 2011

Mrs , mrs , mrs mrs Mills , as the old song goes-----------------This thread and forum is concerned with Thai and Thailand , ever notice that . Perhaps your spectacles are more red than rosy at this time .

If you are not going to compare Thailand with other countries, how can you judge Thailand as being so terrible? You can't.

So therefore you judge Thailand against other countries, therefore, what other countries do must come into the equation.

And they are doing the same thing as Thailand.

Get it ?

You get this Madam, Who's the one thats complaining about all being bad to Thailand, posters are merely saying that this is not a one off, this sort of thing is on going here,hence the complaints. You do NOT have to judge Thailand against other countries, experience here tells you what's wrong. AND once and for all get off the gas stove Granny your to old to ride the range. Forum Members critics of things happenning here does NOT mean Thailand is TERRIBLE

'You get this madam', reply was by GinJag, it got into the wrong lane by mistake. Just wanted to clarify.

Crushdepth · March 20, 2011

Kasikorn Research Center suggested that the catastrophe in Japan could offer Thailand as a country to expand its home stay business for elderly Japanese who wish to stay in safer countries where expenses are less than their home country.

The body is not yet cold, and they are looking for ways to profit from it? Makes me sick.

whybother · March 20, 2011

Kasikorn Research Center suggested that the catastrophe in Japan could offer Thailand as a country to expand its home stay business for elderly Japanese who wish to stay in safer countries where expenses are less than their home country.

The body is not yet cold, and they are looking for ways to profit from it? Makes me sick.

I've heard a lot of farangs talking about how their businesses (in Thailand) will be better off because of what's happened in Japan.

And there will be a lot of angry iPad buyers because their will probably be delays in getting the iPad 2.

Edited March 20, 2011 by whybother

slapout · March 20, 2011

A 12% loss of Japanese tourist will result in a 23% loss in income from Japanese tourists? This from a banking sector?

Reading TAT projections, and real? numbers of tourists for 2010, I find numbers that vary from 14 million tourist to 15.8 million. Whereas the tourist injected monies into Thai economy, projected and numbers quoted, vary from 580 billion baht to 1 trillion baht.

Whatever is real/truth, I would be hesitant to authorize any of these people to handle my retirement fund portfolio, much less trust them to make a cash deposit with my cash to my account.

jonclark · March 20, 2011

I know it's mainly a research paper, and not government policy, but if the TAT is concerned at the loss of potential income from the lower arrivals of Japanese tourists, then you'd expect the TAT to be lobbying the government to speed up recovery and aid programs to Japan, to help the Japanese punters recover and thus ultimately return to Thailand to spend their money.

As for the comments on the shameful actions that TAT / Thailand is only concerned with the loss of money from Japan not the loss of life. I think that it's a bit harsh to say there is a lack of compassion. All week I've watched the BBC / CNN coverage of the Japanese disaster and one of the elements of the coverage is the economic fallout at a local, regional and global perspective. Is this any different??

ginjag · March 20, 2011

I know it's mainly a research paper, and not government policy, but if the TAT is concerned at the loss of potential income from the lower arrivals of Japanese tourists, then you'd expect the TAT to be lobbying the government to speed up recovery and aid programs to Japan, to help the Japanese punters recover and thus ultimately return to Thailand to spend their money.

As for the comments on the shameful actions that TAT / Thailand is only concerned with the loss of money from Japan not the loss of life. I think that it's a bit harsh to say there is a lack of compassion. All week I've watched the BBC / CNN coverage of the Japanese disaster and one of the elements of the coverage is the economic fallout at a local, regional and global perspective. Is this any different??

I read the paper, and I agree with what you say, especially the TAT bit. I also note other countries are responding to the loss financially, but we have not to forget it's here AND its not the first time we see this greed attitude, TAT twisted figures on tourism, the mega scams here, its the money-greed thing that posters are responding to, not just the said paper published.

animatic · March 20, 2011

Why don't they look closer to home for the drop in tourism, stop the long lines to get into and out of the country, stop the scams with taxis and customs stopping tourists after they've cleared, stop the cigarette police giving tourists a holiday to remember and last but not least clear out the touts telling everyone "The Grand Palace is closed today but". Not to mention politics and the fact that people don't book in advance now in case the country blows up again and they loose their once a year holiday.

Because they are Thai and don't consider the future. They are quite funny to watch in action, the best thing to do is to see the funny side in them and to realize they are and always will be third world people in a third world country. That is always going to give us an advantage over them so I would just relax, laugh at them and enjoy it here.

What is "Third World"? And who made that term up?

Four Worlds

After World War II the world split into two large geopolitical blocs and spheres of influence with contrary views on government and the politically correct society:

1 - The bloc of democratic-industrial countries within the American influence sphere, the "First World".

2 - The Eastern bloc of the communist-socialist states, the "Second World".

3 - The remaining three-quarters of the world's population, states not aligned with either bloc were regarded as the "Third World."

4 - The term "Fourth World", coined in the early 1970s by Shuswap Chief George Manuel, refers to widely unknown nations (cultural entities) of indigenous peoples, "First Nations" living within or across national state boundaries.

( you can think of these as trans-national hill tribes, or assorted tribal groups in the arabic countries like the Baloch of Pakistan. There is a Balochistan, but not exclusively IN Pakistan. Or think in Africa the Hutu or Tutsi etc. In the Balkans think Yugoslavia before it split up Serb, Croat, Bosnian, Macedonian, Slovenian and Montenegrin.

Now they are 1st or 2nd world, but before they were 4th world.

A large identifiable cultural group, not presently having specific or total control of a national or geographic area often intermingaled with other groups on a terrirory. Many of the wars of the last 100 years are because colonialist 1st world countries divided up regions based on their perspectives and no clue about 4th world perspectives and these issues are still sorting themselves out. )

For more see

http://www.nationson...d_countries.htm

Edited March 20, 2011 by animatic

dumball · March 20, 2011

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