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Survey highlights tourism concerns

Survey highlights tourism concerns

THAILAND: Tourism operators have pinpointed their most urgent needs during the pandemic, with cost reduction considered to be essential, according to a Tourism Authority of Thailand (TAT) survey.

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By Bangkok Post

Saturday 23 January 2021, 09:34AM


Tourism operators say cost reduction is one of the most important aid factors. Photo: Bangkok Post.

Tourism operators say cost reduction is one of the most important aid factors. Photo: Bangkok Post.

TAT governor Yuthasak Supasorn said the authority talked with the Tourism Council of Thailand (TCT) about a plan to safeguard jobs in the tourism industry and maintain purchasing power to support the economy.

A survey was conducted during Jan 10-12 among 1,884 tourism-related operators nationwide, of which 65% were small and medium-sized enterprises valued from less than B5 million to B25mn.

After confronting the resurgence of the pandemic, tourism operators said the aid measures aimed at cost reduction were the most important factor (92.6%), comprising the co-payment scheme to help subsidise tourism workers’ monthly salary and the lowering of electricity and water bills.

A debt holiday was requested by 81.2% of tourism operators, with the majority wanting the waiver to last for 19-24 months.

Mr Yuthasak said 79.9% of operators also sought lower interest rates and the suspension of principal payments.

Some 58.1% indicated preferable interest rates should fall between 1-2.99%.

However, some operators already lost hope of obtaining soft loans as only 78.8% said they wanted to receive financial aid from the government. Of those who still want to secure soft loans, 70.9% asked for a “no guarantor” loan, while 31.6% requested a credit limit of between 1-5 million baht.

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The majority of the respondents were from Phuket (20.7%), followed by Bangkok (12.5%), Chiang Mai (9.5%), Surat Thani (7.96%), Krabi (6.26%) and Chon Buri (4.35%).

The survey showed 65.3% of respondents were still operating their businesses, while 34.7% remained closed due to insufficient income.

Some 44.4% of respondents were hoteliers, followed by travel companies (23.8%), restaurants (10.4%), rental businesses (6.95%), souvenir shops (4.3%), spas (2.71%), theme parks (2.18%), entertainment venues (0.53%), airlines (0.16%) and others (4.62%).

“We have to prioritise operators’ needs and help them get through the current difficulties, even though the TAT is mainly responsible for marketing,” Mr Yuthasak said.

The results are to be shared with the TAT’s committee boards on Jan 27 in an effort to find possible solutions to support tourism operators.

He said during the meeting with TCT, operators also suggested a labour bank in a bid to avoid more job losses in the tourism sector.

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charles | 24 January 2021 - 08:45:56

i see nothing here to help any of the foreign owned small business, They still have to employee locals & pay SS 

Foot | 23 January 2021 - 15:13:29

Thailand's tourism industry was successful in spite of all the foolish things its "experts" did to screw it up.
Now, it will be competing with others around the world that are truly world class.  
Won't be much of a fight.

 

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