kevinUsa Posted February 2, 2020 Report Posted February 2, 2020 e-paperNew HOMELATESTTRENDINGMY READS Budget 2020Income Tax CalculatorMarket DashboardCompaniesMarketsPodcastsMoneyStart-upsMutual FundsNRI Investment QueriesInsuranceTechnologyIndustryLoungeOpinionPoliticsMint 50 - Top Mutual FundsMark To MarketLong ReadsPlain Facts At a beachfront hotel on the tropical island of Phuket, the occupancy rate from Chinese clientele has stalled, while bookings from India have begun to rise. (istockphoto) Record number of Indian tourists visit Thailand 3 min read . Updated: 08 Jul 2019, 08:14 AM ISTSiraphob Thanthong-Knight , Bloomberg Indians spend 11% more per trip than average foreign visitors Indian arrivals accelerated in recent months due to more direct flights, a visa waiver and, most importantly, increasing wealth Topics PhuketIndiaChina BANGKOK : Thailand’s struggling tourism industry is finding support with visitors from the population colossus to its west, just as the years of bumper arrivals from the giant to its north are beginning to wane. At a beachfront hotel on the tropical island of Phuket, the occupancy rate from Chinese clientele has stalled, while bookings from India have begun to rise. The Vijitt Resort is one of many in Thailand that has more cause for optimism. “We’re starting to see new growth," said Kongsak Khoopongsakorn, Vijitt’s general manager and vice president of the Thai Hotels Association. “Indians are now driving industry growth like the Chinese had previously done." What’s happening to Thai tourism could prove a canary in the coal mine for the leisure sector in other Asian economies as China matures and a new India emerges. The Thai industry had been expanding at about about 10% a year on escalating inbound Chinese arrivals, but a 2018 boat accident in Phuket that killed dozens of mainlanders and a slowing economy at home have triggered a drop in numbers. In contrast, Indian arrivals accelerated in recent months due to more direct flights, a visa waiver and, most importantly, increasing wealth. The rapid expansion of the middle class among India’s 1.3 billion people has prompted Thai authorities to upgrade their estimates of Indian visitors. At least 10 million are now expected to arrive in 2028, a more than five-fold increase on 2018 visits. That sort of growth trajectory would mimic the rise of Chinese tourists, who jumped from 800,000 in 2008 to more than 10 million last year. Although China will remain an important market, it is likely to offer less growth potential in the years ahead. India, meanwhile, is set to become the new expansion story in Thai tourism, an industry that accounts for about 20% of gross domestic product. Chinese visitors currently make up 28% of total foreign arrivals, well ahead of Indians at 4%. But within a decade, Indian arrivals are forecast to surge to about 15% of the total, while Chinese are predicted to edge up to about 30%. “The Indian inbound market could potentially rival that of China," said Pisit Puapan, executive director of the Finance Ministry’s Macroeconomic Policy Bureau. Pisit said high growth from India has also helped offset a decline from markets like Europe. Thailand received about 180,000 Indian tourists in June, a record, the Tourism Ministry reported last week. It also said Indians spend 11% more per trip than average foreign visitors. Chinese arrivals could actually fall this year from 2018 as the yuan has weakened against the baht, according to Bloomberg Intelligence. That might deter more cost-conscious Chinese tourists, or see them spend less if they do make the trip. A cooling tourism market and dividend repatriation combined to help produce Thailand’s first current account deficit since 2014. The country’s forecast economic growth has already been revised down to the lowest level in four years as exports also fizzled. Frequent Flyer There are more direct flights between Indian and Thai cities, one reason for the jump in visitors to Bangkok, Phuket and surrounding areas. They are drawn by Thailand’s food and shopping, and its beaches are emerging as significant attractions. India’s fifth-largest airline GoAirlines India Pvt currently connects three Indian cities to Phuket, and plans to add seven more. InterGlobe Aviation Ltd’s IndiGo launched services to the tropical island late last year. Thai AirAsia Co Ltd, the kingdom’s largest low-cost carrier, recorded 20% growth in passengers traveling between India and Thailand in the first quarter of 2019 from a year earlier. It now operates 47 flights a week from Bangkok to nine Indian cities, and said it plans to add an additional destination. With India projected to overtake China as the world’s most populous nation in eight years, and its middle class forecast to keep expanding, Thai Hotels Association’s Kongsak is cautious but hopeful about the future. “We expect the industry will continue to grow," he said. “But it’s important to spread the risk and have a good nationality mix in the market. We can’t rely on any single market." Topics PhuketIndiaChina Close BSE SENSEX 39,735.53 -987.96 (-2.43%) NIFTY 50 11,661.85 -300.25 (-2.51%) NIFTY BANK 29,820.9 -1012.70 (-3.28%) BSE MIDCAP 15,119.65 -342.36 (-2.21%) GOLD 41,230 +255 (+0.62%) SILVER 47,130 +216 (+0.46%) Budget measures too long term, unlikely to meet growth targets in FY21: Crisil 3 min read . 07:35 PM IST It can be noted that this is the fourth consecutive budget that the Modi government has missed the original budget estimates on deficit numbers Despite tight fiscal conditions, the budget makes room for higher capex Read Full Story New tax regime to definitely benefit taxpayers in some brackets: Sitharaman 3 min read . 06:18 PM IST Nirmala Sitharaman defended the new scheme by saying that it will benefit some taxpayers falling in certain brackets, if not all Industry experts, however, said that two tax regimes with optionality for personal tax, as in case of corporate taxes, only make the structure more complicated Read Full Story Second tranche of Bharat Bond ETF within this quarter, says Nirmala Sitharaman 1 min read . 08:25 PM IST FM Nirmala Sitharaman today said the second tranche of Bharat Bond exchange traded fund (ETF) is likely to hit the market in the current quarter Bharat Bond ETF, India's first-ever corporate bond exchange traded fund with a fixed maturity of 3 years and 10 years, about fetched ₹12,400 crore from its debut offer Read Full Story WeWork appoints Sandeep Mathrani as CEO, outlines 5-year strategy 2 min read . 09:03 PM IST WeWork said Sandeep Mathrani is joining from 18 February and will report to executive chairman Marcelo Claure Mathrani succeeds co-CEOs Artie Minson and Sebastian Gunningham, both of whom helped stabilize WeWork over the past few months Read Full Story Coronavirus outbreak: India reports second case, patient closely monitored 2 min read . 12:24 PM IST The patient is stable and is being closely monitored, health ministry officials added Earlier, An Indian student of Wuhan University in China tested positive in Kerala Read Full Story Nirmala Sitharaman says NRIs to pay taxes on income earned only in India 1 min read . 04:36 PM IST The intention of redefining the concept of residence for tax purposes was to plug a gap that leaves the India income of NRIs out of the tax net because they do not live here Read Full Story Coronavirus live update: After deadly virus outbreak, China faces H5N1 bird flu 16 min read . 08:38 PM IST The number of deaths from a coronavirus epidemic in China rose to 304 All three major US airlines announced the cancellation of flights to mainland China Read Full Story Budget’s Thalinomics leave markets hungry 3 min read . 02:59 PM IST High on words and low on measures, the Union budget leaves stock market investors fuming on a weekend With NBFCs left to fend for themselves, market is worried that even the real estate sector will continue to suffer Read Full Story Coronavirus: India suspends issuing e-visas to Chinese passport holders 1 min read . 05:01 PM IST Embassy of India in Beijing has invalidated the already issued e-visas The government has so far evacuated more than 600 Indian nationals, mainly students, from Wuhan that is seen as the epicenter of the outbreak Read Full Story LOUNGE View All Tarun Katial | On the binge 8 min read . 06:05 PM IST Film review: For all its charm, 'Jojo Rabbit' is unmoving 2 min read . 12:29 PM IST Open sesame season 4 min read . 10:45 AM IST Brewing mutiny in a cup of tea 3 min read . 10:40 AM IST Has coronavirus disease cure cracked? 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Six Indian down with fever, other flu-like symptoms could not board the 2nd Air India flight today, said officials As per rough estimates, around 50,000 Indians live in China, with many of them studying medicine Read Full Story DMK ropes in Prashant Kishor to strategise for Tamil Nadu polls next year 1 min read . 08:35 PM IST 'Happy to share that many bright and like-minded young professionals of Tamil Nadu are joining us under the banner of I-PAC to work with us on our 2021 election and help shape our plans to restore TN to its former glory!,' DMK president Stalin tweeted Read Full Story LIC’s may be the mother of all IPOs in India 4 min read . 10:18 AM IST Central govt may be expecting more than ₹70,000 crore from the sale of an undisclosed stake in the insurer The LIC Act needs to be amended and the insurance firm’s capital structure needs to be tweaked before the IPO Read Full Story Quote
Michaelbarbosa Posted February 2, 2020 Report Posted February 2, 2020 That’s because of visa free arrival, and also no visa free until this April. Quote
LadiesTailor Posted February 2, 2020 Report Posted February 2, 2020 Thanks to Puri... veedi Daya valla telugu janalaki baaga telisindi Quote
kevinUsa Posted February 2, 2020 Author Report Posted February 2, 2020 Visa on arrival tesi veste 2bn$ Loss They cannot leave such a big amount on table Quote
kevinUsa Posted February 2, 2020 Author Report Posted February 2, 2020 Record number of Indian tourists visit Thailand Quote
kevinUsa Posted February 2, 2020 Author Report Posted February 2, 2020 Skip to content NEWS How Many Tourists Visit Thailand Every Year? PUBLISHED OCTOBER 2, 2012 · UPDATED FEBRUARY 27, 2019 One of the questions Thais and foreigners alike often ask is how many tourists visit Thailand every year? Unfortunately, there is no definitive answer to that question, as the statistics change depending on which Thai agency you listen to and how each agency classifies “tourists”. What we do know is, according to each successive Thai government, tourism makes up around 7-8 percent of the country’s entire GDP. So, as you can guess, that means a heckuva lot of tourists visit Thailand each year. In 2016, according to the Tourism Authority of Thailand (TAT), more than 32.59 million tourists visited Thailand, which was an almost 20 percent increase over the year before, and a record number for the country. However, when you look at the figures closely, TAT is not really counting “tourists” but instead every foreigner that arrives at any airport or land border in Thailand. As this does include people from neighboring countries who cross over the border for the day just to shop, as well as migrant workers who may be coming to Thailand to work, as you can guess the numbers are not particularly accurate. Thailand has, however, been in the top 20 most visited countries in the world for several years and, in 2018, was at number 10. What is interesting too about the number of tourists visiting Thailand, as western tourists tend to stay around the same levels, Asian tourists from countries like Malaysia, Singapore and China are increasing in number every year. Malaysia, China and Japan had the most tourists visiting Thailand in 2016, with Australia, the UK and the United States in eighth, ninth and tenth places. Whatever the real number of tourists that visit Thailand every year, one thing you can guarantee is it is well over 32 million every year and it is increasing by a large percent every year. No surprise there really, though, as Thailand truly is one of the must-visit tourist destinations, at least once in your life. Now watch the Brand Thailand video below, and learn why Thailand is so popular with tourists, and about the out-of-the-way places all around the country that Thais and non-Thais recommend you visit while you are there. ADVERTISING ADVERTISING THAILAND NEWS GOT7 postpones both Bangkok concerts due to Wuhan virus — will reschedule when it is safer Thailand has first human-to-human coronavirus transmission with 19 total cases THAI Smile cancels all flights to China till February 29th, 2020 due to Wuhan virus What Asian countries have confirmed Wuhan virus infections? — current updated numbers TIPS Boxtel Suvarnabhumi Airport has rooms for 4 hours-plus sleep between flights Can you enter Thailand for 30 days, leave and then enter again without a visa? What medication to take in Thailand for a cold or the flu? THAI CULTURE Why do expats leave Thailand? How long do most usually stay? Is Thailand a good country to move to in 2020? Thai firefighter catches snakes with his bare hands, even poisonous ones Thailand’s Krabi Krabong martial art now taught in Thai schools (video) ADVERTISING PRIVACY POLICY For our Privacy Policy, read here Tasty Thailand - copyright 2017. All Rights Reserved Quote
BeautyQueen Posted February 2, 2020 Report Posted February 2, 2020 51 minutes ago, Katti_Ramdas said: Thai massaaa Nachimi untadha akada .. ? Quote
r2d2 Posted February 2, 2020 Report Posted February 2, 2020 @kevinUsa.. you have been around for awhile.. and yet c&p the whole page? Quote
kevinUsa Posted February 2, 2020 Author Report Posted February 2, 2020 11 minutes ago, r2d2 said: @kevinUsa.. you have been around for awhile.. and yet c&p the whole page? I do dbing from phn i do select all copy paste Quote
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