Articles tagged “thailand”

Thailand’s New Tourism Push? Rehab for Foreigners

Thailand’s New Tourism Push? Rehab for Foreigners

Natnicha Chuwiruch, Bloomberg

For years, Thailand has been an open market for some of the worst tourist indulgences. Maybe if Thailand can make more money on the healing end its citizens won't pay such a heavy price on the front end.

1 week ago

Chinese Tourism Growth Puts Southeast Asia Travel Industry in Balancing Act With Locals

Chinese Tourism Growth Puts Southeast Asia Travel Industry in Balancing Act With Locals

Jing Travel

Southeast Asia destinations won't want to put all their eggs in China's tourism basket, and they don't want to cook the goose of local populations and Western visitor markets. But the region knows China is too good of an opportunity to pass up, at least for now.

2 months ago

Thailand Gives Beach Made Famous by Hollywood Movie a Break From Tourists

Thailand Gives Beach Made Famous by Hollywood Movie a Break From Tourists

Tassanee Vejpongsa, Associated Press

It has taken Thailand almost 20 years to realize that it might make sense to limit the number of people visiting Maya Bay. A good reminder that overtourism isn't a new phenomenon.

2 months ago

Thai Tourism Stocks May Be a Safe Haven in U.S.-China Trade War

Thai Tourism Stocks May Be a Safe Haven in U.S.-China Trade War

Abhishek Vishnoi , Bloomberg

Thailand tourism is strong as it picks up visitors from China and India. If the U.S. and China can't settle their differences on trade, then some investors see Thailand tourism-oriented stocks as a potential safe haven for investment in the region.

2 months ago

Thailand Tourism Gets Surge of Chinese Visitors After Overtourism Measures Eased

Thailand Tourism Gets Surge of Chinese Visitors After Overtourism Measures Eased

Supunnabul Suwannakij, Bloomberg

Chinese "zero-dollar" tours may be great for Thailand's visitation numbers, but the original problems remain. Tourists get treated poorly, overtourism swells, and much of the money flows back into China instead of the Thai economy.

2 months ago

Thailand Sets New Tourism Record as Arrivals Continue to Soar

Thailand Sets New Tourism Record as Arrivals Continue to Soar

Natnicha Chuwiruch, Bloomberg

A military junta still rules over Thailand, but that isn’t stopping tourists from arriving in record numbers.

4 months ago

Thailand Company Becomes World’s Most-Valuable Airport Operator

Thailand Company Becomes World’s Most-Valuable Airport Operator

Anuchit Nguyen and Lee Miller, Bloomberg

This is good news for Thailand as the government said it was investing $6 billion in its airports last year, but some analysts remain cautious.

5 months ago

Thailand Aviation Industry Gets Thumbs Up After Three-Year Downgrade

Thailand Aviation Industry Gets Thumbs Up After Three-Year Downgrade

Associated Press

This is a boost of confidence in Thailand's aviation sector, but the country still faces a myriad of problems with managing growth and cracking down on sex tourism.

8 months ago

Chinese Holiday Travelers Avoid South Korea and Make Thailand Leading Destination

Chinese Holiday Travelers Avoid South Korea and Make Thailand Leading Destination

Yoolim Lee and Keith Zhai, Bloomberg

We might shy away from talking about universal trends, but the Ctrip survey found that purchases of "experiences" was more popular than buying consumer goods. Sound familiar?

8 months ago

Thai Investors Are Cautiously Optimistic About New Mall Aimed at Chinese Tourists

Thai Investors Are Cautiously Optimistic About New Mall Aimed at Chinese Tourists

Anuchit Nguyen, Bloomberg

Thailand's tourism officials have had a love-hate relationship with Chinese travelers in recent years and they mainly have their sights set on marketing the country to the wealthiest segment of that market.

9 months ago

Thailand Switches Tourism Strategy to Drive Longer Stays and More Spending

Thailand Switches Tourism Strategy to Drive Longer Stays and More Spending

Sunil Jagtiani, Bloomberg

Thailand's Kobkarn Wattanavrangkul is in the vanguard among the world's tourism ministers for shunning targets for visitor numbers and switching to a focus on boosting daily spending and length of stay. An end to tourism stunts (like plastic surgery contests) will be welcome, too.

10 months ago

Thailand Invests $6 Billion at Top Airports to Boost Capacity

Thailand Invests $6 Billion at Top Airports to Boost Capacity

Sunil Jagtiani, Bloomberg

Thailand's airport expansion plans are designed to ensure that infrastructure keeps pace with capacity. Its controversial military government will help determine how much demand travelers have for Thai destinations and how this new capacity will factor in.

11 months ago