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Good for Thailand Investment – TCT Forecasts 8% Rise in Foreign Tourists

By on Jan 14, 2016 in Hotel-Tourism, Property News

Thailand Investment is needed and a good indicator of welcome change is that international arrivals are expected to pass 32.5 million this year, 8 per cent more than last year, according to the Tourism Council of Thailand.

TCT president Ittirit Kinglake said that barring any crises, the number of foreign visitors should be more than last year’s 29.8 million.

He said international tourists would generate revenue of Bt1.6 trillion while domestic tourists would contribute more than Bt700 billion to the economy.

The TCT’s total tourism-revenue projection for this year is Bt2.3 trillion, lower than the government’s forecast of Bt2.4 trillion announced on same day.

Last year, the TCT recorded revenue of Bt2.2 trillion from international arrivals.

This year, the European market is expected to continue to be slow, dropping the average length of stay slightly to 9.1 days. However, average spending per head for all markets will increase to Bt48,028 per tourist per trip.

Ittirit said the TCT had signed a memorandum of understanding with the Designed Areas for Sustainable Tourism Administration (DASTA) to develop eight domestic attractions in provinces such as Nan, Loei, Sukhothai and Chon Buri.

The two bodies also plan to promote agricultural, medical and cultural tourism.

To strengthen the tourism sector this year, the council suggests that the government improve infrastructure systems, particularly such things as air-seat capacity, as well as promoting more new attractions.

The private sector hope that some big problems such as air safety are solved this year.

Pornthip Hirunkate, vice president of the TCT, urged the government to combat illegal hotels and other accommodations. In Bangkok alone, there are 1,200 hotels, 400 of which are unregistered.

Moreover, the government is asked to lower entrance fees for tourists at national parks that now charge Bt400 per person.

Source: The Nation –  12 January 2016

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