Jump to content

$13 bln tourist windfall predicted


elef

Recommended Posts

Bangkok Post

Today

Link

 

$13 bln tourist windfall predicted

 

(dpa) - Eighteen Asia Pacific destinations are expected to witness a $110 billion increase in tourism revenue over the next three years, compared with 2006 figures, according to a report released by the Pacific Asia Travel Association (Pata) on Thursday.

 

China and Thailand will be among the biggest beneficiaries, gaining $36 billion and $13 billion in increased tourism spending between the years 2007 to 2009, said Pata.

 

Other markets likely to receive strong receipts growth over the forecast period include Malaysia with close to 11 billion, Korea with 7 billion, and Macau SAR with 5 billion, the report said.

 

The forecasts were based on projected tourist traffic in the Asia-Pacific region, which includes both Asia and the Americas, compared with traffic and the average annual income generated in 2005 and 2006, said John Koldowski, managing director of Pata's Strategic Intelligence Centre.

 

"There has been a dramatic increase in the route network established by low-cost carriers throughout the region which is making it a lot much more accessible and cheaper in relative terms for first time travellers, and that's having a stimulatory affect as well," said Koldowski.

 

Thailand, in particular, is expected to experience a strong comeback over the next three years after a fall-off in tourism caused by the December 26, 2004 tsunami that killed more than 5,300 people, half of them foreign tourists, in Phuket and Phang Nga - two of Thailand most popular beach destinations.

 

Results of the most recent Asia Travel Intentions Survey 2007 revealed that 9 per cent more travellers were looking at Asia as their next travel destination, and one in five ranked Thailand as their most likely destination with 84 per cent of Swedish respondents most likely to consider the destination for a holiday within the next two years.

 

"While people were keeping away from Phuket because of post-tsunami fears, they were discovering other parts of Thailand, so now Phuket is back but they've also discovered places like Pattaya and Hua Hin and so forth," said Koldowski.

 

He said the impact of Thailand's current political instability caused by the September 19, 2006, coup was likely to be minimal on tourist arrivals.

 

"There was a slight blip but for the grander scheme of things that's going to be hardly noticeable," said Koldowski.

 

Link to comment
Share on other sites

"He said the impact of Thailand's current political instability caused by the September 19, 2006, coup was likely to be minimal on tourist arrivals."

 

Yeah, well a few more bombs going off in Bangkok and reported overseas just might have some 'minimal' impact. Plus the money exchange might affect this somewhat maybe? And, if the coup leaders don't follow through on their promises of elections it could get nasty and drive/turn folk away too. I just saw a show on Aussie TV about Phnom Penh and the guy was claiming PP was the new place for western tourists to go to. Big hype.

 

The future's uncertain and the end is always near. :smirk:

 

Cent

Link to comment
Share on other sites

Whilst there are many factors affecting the decision to come to LOS, there is always the time lag effect between making a decision, booking a ticket and getting on the plane. Consequently, there is a time lag between bad news and the resultant drop off in tourism.

 

A one off tragic effect like the 2004 tsunami has a massive effect but that is one off. Bombs, a coup, etc. has a longer destabilising effect.

 

However, the largest contributor is the strength of the baht. The USD, GBP and EUR are all well down on past 5 year averages and that is bad news period.

Link to comment
Share on other sites

...''$13 bln tourist windfall predicted'

 

Ack....MORE tourists??

 

How can we locals stem the increasing tide of visitors...especially the the wankers??

Maybe we need to begin posting everywhere about the (false) raging re-occurrance of SARS; Dengue fever in epidemic proportions; maybe have a few bombs explode in uninhabited rice fields....

Link to comment
Share on other sites

This is surprising. Based on the USD, my annual trip to LOS this year will be quite more expensive then in the past. Compounded by oil prices pushing airline tickets up. Two years ago I caught an $800 round trip to BKK, this year I'm looking at $1,400. With the USD weak and no stabilization in sight, Thailand isn't as attractive of a destination as before.

 

U2B

Link to comment
Share on other sites

  • 4 weeks later...
...''$13 bln tourist windfall predicted'

 

Ack....MORE tourists??

 

How can we locals stem the increasing tide of visitors...especially the the wankers??

Maybe we need to begin posting everywhere about the (false) raging re-occurrance of SARS; Dengue fever in epidemic proportions; maybe have a few bombs explode in uninhabited rice fields....

Yes.I've heard there is a new uncurable strain of wet leprosy running rampant in Pattaya right now!

 

Link to comment
Share on other sites

Bogus figures because it says nothing about next years Olympics in China,

 

That has to drive the averages up for that month or so....

 

if you think airline prices to LOS are high this year , just wait till next summer when all the planes will be full of Tourists to Chia

 

OC

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...