Author Topic: Thailand to lose THB50 billion in tourism revenue  (Read 285 times)

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Offline thaiga

Thailand to lose THB50 billion in tourism revenue
« on: January 30, 2014, 05:13:01 PM »
Tourism Council: Thailand to lose THB50 billion in tourism revenue due to rallies

BANGKOK, 30 January 2014 (NNT) - President of the Tourism Council of Thailand Piyamarn Techapaiboon has expressed her confidence that the Thai tourism sector will be able to grow if the 2 February general election is peaceful. The president has also estimated that the country will lose around 50 billion baht with a tourist number decreasing by one million people in the first quarter of this year.

The president on Thursday spoke about the political protests’ effects on the Thai tourism, saying that if the protests were prolonged until the second quarter, Thailand would lose around 80 billion baht in revenue opportunity which might prevent the country from achieving this year’s foreign tourist revenue target of 1.3 trillion baht.

Ms Piyamarn admitted that new foreign tourists had not yet planned to visit Thailand during this period due to safety concerns. The president therefore suggested the private sector urgently stimulate domestic market and encouraged government units to arrange meetings in the country instead of overseas in a bid to help SMEs and spur the tourism sector.

NNT
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