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  1. #1
    Mid
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    Thailand : Almost 100 billion baht from tourism expected this year

    Almost 100 billion baht from tourism expected this year
    10 November 2008

    Minister of Tourism and Sports believed the prevailing global economic crises had no effects on Thai tourism industry because non-American tourists from India, Australia and the Middle-East were still major tourists group traveling to Thailand. Tourism was expected to grow around five per cent this year with about 985 billion baht income from both foreign and local tourists anticipated.

    Minister of Tourism and Sports, Mr. Weerasak Kowsurat (วีระศักดิ์ โควสุรัตน์) said on Sunday (November 9) that the number of tourists coming to Thailand during the first three quarters of this year increased from last year by 3.49 per cent or 88 million people. He believed the country’s tourism growth to reach five per cent for the whole 2008, which was favorable based on the prevailing sluggish economy.

    Mr. Weerasak also set a target of overall income from foreign tourists to be 600 billion baht this year, while domestic tourists were expected to generate 385 billion baht. He also said quoted a number of education institutes' forecast as saying about eight billion baht would be circulated during the Loy Krathong festival on November 12.

    In addition, Minister of Tourism and Sports believed the global economic crisis would have no effects on the country’s tourism industry because tourists from India, Australia and the Middle East were still attracted to Thailand.

    thainews.prd.go.th

    wonder if the Minister believes in the tooth fairy also ?

    .

  2. #2
    Have you got any cheese Thetyim's Avatar
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    Quote Originally Posted by Mid
    the number of tourists coming to Thailand during the first three quarters of this year increased from last year by 3.49 per cent or 88 million people.
    So he thinks Thailand has 3361 million tourists a year.

    The WTO puts the figure at 8-13 million pa


    I spoke to the logistics official from Swampy airport on Saturday.
    The number of incoming flights had dropped significantly.
    15% I think he said

  3. #3
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    Quote Originally Posted by Mid View Post
    Almost 100 billion baht from tourism expected this year
    10 November 2008

    Minister of Tourism and Sports believed the prevailing global economic crises had no effects on Thai tourism industry because non-American tourists from India, Australia and the Middle-East were still major tourists group traveling to Thailand. Tourism was expected to grow around five per cent this year with about 985 billion baht income from both foreign and local tourists anticipated.

    Minister of Tourism and Sports, Mr. Weerasak Kowsurat (วีระศักดิ์ โควสุรัตน์) said on Sunday (November 9) that the number of tourists coming to Thailand during the first three quarters of this year increased from last year by 3.49 per cent or 88 million people. He believed the country’s tourism growth to reach five per cent for the whole 2008, which was favorable based on the prevailing sluggish economy.

    Mr. Weerasak also set a target of overall income from foreign tourists to be 600 billion baht this year, while domestic tourists were expected to generate 385 billion baht. He also said quoted a number of education institutes' forecast as saying about eight billion baht would be circulated during the Loy Krathong festival on November 12.

    In addition, Minister of Tourism and Sports believed the global economic crisis would have no effects on the country’s tourism industry because tourists from India, Australia and the Middle East were still attracted to Thailand.

    thainews.prd.go.th

    wonder if the Minister believes in the tooth fairy also ?

    .
    What a well thought out press release!

    I am not usually a number cruncher or avid student of Thai Tourist Ministry releases but this one is a real 'Cracker" !!

    This , I understand, is to reassure Thais that all is OK with hard currency cash coming into the LOS all to plan.

    So -
    Non American tourists do not include European , Japanese, Scandinavian , Korean or Chinese.

    This year so far the Baht has dropped in value against the euro - dollar and pound so it is a good bet that he took as base the exchange rates at the beginning of the year.

    Growth of 5 % means numbers of tourists or Baht they buy when they get here?

    Baht would be 'circulated' ie baht already here will change hands rather than a new influx.

    600 m from foreign tourism and 385 from domestic tourism !!!!
    Must be true 'cos the man said it but how many tourist hotels do you know that have over 60% Thai occupancy ??

    Indian, Australian and Middle Eastern tourists are still attracted to LOL - like he means nobody else is so f*ckem'!

    All very simplistic interpretation I know, but, this is what a Minister of the State wants the world to know ????


  4. #4
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    My, my!
    I guess he can attain those figures...if he gets his head out of the klong and waves his magic wand and magically alters the exchange rate for the world's currencies compared to the Baht

  5. #5
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    If he says 100bn and needs to explain how then that's what he'll do. The problem arises when he needs to show why the money ain't where it should be.

  6. #6
    I am in Jail

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    Weerasak Kowsurat needs a change his fortune teller

  7. #7
    សុខសប្បាយ
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    Quote Originally Posted by Happyman
    Indian, Australian and Middle Eastern tourists are still attracted to LOL - like he means nobody else is so f*ckem'!
    24.2THB to the Aussie Dollar today.

    He's optimistic, I'll give him that.

  8. #8
    ding ding ding
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    Quote Originally Posted by Mid
    wonder if the Minister believes in the tooth fairy also ?
    I think he is the tooth fairy

    I have three pals who have been coming to thailand for the last three years for a month at christmas time. They each spent about 350,000 on beer, slagdogs and food.
    This year they are skint and wont be coming.
    Its a good job that there are free spending Indians coming in their place though
    Originally Posted by Smeg
    ... I like to fantasise sometimes, and I lie very occasionally... my superior home, job, wealth, freedom, car, girl, retirement age, appearance, satisfaction with birth country etc etc... Over the past few years I have put together over 100 pages on notes on thaiophilia...

  9. #9
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    Quote Originally Posted by Mid View Post
    Minister of Tourism and Sports believed the prevailing global economic crises had no effects on Thai tourism industry because non-American tourists from India, Australia and the Middle-East were still major tourists group traveling to Thailand. Tourism was expected to grow around five per cent this year with about 985 billion baht income from both foreign and local tourists anticipated.
    What part of "global" does he not understand? India is on another planet somewhere with Thailand, the UAE and the Antipodes?

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