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PATA Forecasts 10% Visitor Decline

Category: Tourism, Posted:22 Jul 2009 | 09:49 am

Leading industry organization Pacific Area Travel Association (PATA) is forecasting a 10% decline in visitors for the year 2009. Aside from the existing factors such as reduced long haul airlift, a continued global recession and rising unemployment additional concerns on the H1N1 virus has caused a further downgrade for the prospects of recovery this year.
Tourism Authority of Thailand (TAT) has downgraded its projection for tourism down to 13.2 million though most industry insiders are benchmarking the years figure close to 12 million. While the recent events in Jakarta may see a redirect of some traffic into Thailand as Australia has already issues some travel advisories the Bali market summer season is well underway and it's doubtful to see a larger scale impact for the moment.

Other News

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Explorar Brand Spurs Expansion With Koh Samui and Koh Pha-ngan Acquisitions

Category: Hotels, Posted:19 Jun 2022 | 09:22 am Boutique hotel group Pavilion’s experience-focused spin-off Explorar Hotels and Resorts has expanded its growing footprint by acquiring a 125-key resort in Bophut, Koh Samui, and 75-key property in Koh Pha-ngan. Both resorts were previously owned and operated under ‘The Coast’ tagline. The two will be conversions and join an upcoming resort in El Nido, Palawan. […]
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Thailand’s Traveler Restrictions Set to Roll Back 1st July

Category: Hotels|Tourism, Posted:18 Jun 2022 | 09:14 am The wait is over for Thailand’s battered hotel and tourism sectors, with an announcement by the government that the cumbersome Thailand Pass process will be removed by 1st July. Travelers to the Kingdom will no longer be subjected to the online application and approval process. Another restriction for tourists is the Covid-19 USD10,000 insurance requirement, […]
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Thai Group CPN Investing Into 37 New Hotels

Category: Hotels, Posted:12 Jun 2022 | 15:46 pm Thailand’s listed CPN Group (Central Pattana PCL) is set to inject USD288 million into 37 new hotels across Thailand. CPN’s reported strategy is to include hotel components in every new mixed-use retail project across the country. The investment is being targeted into three tiers of hotel assets. The first is a new budget chain Go!. […]
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