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TAT expects only 16mn international tourists, B1.9trn loss in revenues

TAT expects only 16mn international tourists, B1.9trn loss in revenues

BANGKOK: Thailand is likely to close this year with only 16 million international tourists and 60mn domestic trips, far below the pre-coronavirus targets of 40mn and 172mn respectively, according to the Tourism Authority of Thailand (TAT).

tourismCOVID-19Coronaviruseconomics
By Bangkok Post

Saturday 18 April 2020, 12:58PM


Check-in counter for passengers at the Suvarnabhumi airport passenger terminal is totally empty, as the outbreak hits the overall tourism industry. Photo: Varuth Hirunyatheb / Bangkok Post

Check-in counter for passengers at the Suvarnabhumi airport passenger terminal is totally empty, as the outbreak hits the overall tourism industry. Photo: Varuth Hirunyatheb / Bangkok Post

The estimates have the country losing almost 24mn tourists and B1.9 trillion in revenue compared with last year, which saw arrivals soar to 39.8mn and revenue climb to B1.93trn.

“This revised forecast assumes tourism activities can resume in May, with the outbreak in Thailand levelling off while overseas infections subside," said TAT Governor Yuthasak Supasorn. “The industry needs to watch the situation closely before commencing business.”

Another key component is health and safety, which operators should prepare for beforehand, as well as a stimulus plan to prop up the tourism industry.

Meanwhile, domestic tourism will likely plunge to 60mn trips from 167mn last year, with receipts down to B380 billion from B1.08trn in 2019.

Combining domestic with international receipts – projected at only B740bn – total revenue this year is set to drop by 62.8% to B1.12trn from B3.01trn last year.

Mr Yuthasak said that while the number of new coronavirus cases in Thailand is falling on a daily basis, the tourism sector can’t drop its guard. Instead it should wait for the related authorities to give the final say on when to lift the lockdown or travel restrictions.

“The outbreak has left a deep wound, so the recovery process is expected to gradually relieve in a U-shape,” he said. “But we’re eager to push more speed to the V-shape growth by developing tourism confidence on the supply side.”

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The agency has established eight task forces with cooperation from the private sector to provide immediate solutions to help operators stand up again.

The task forces are divided into new normal, rebuilding tourism, domestic market, long-haul market, short-haul market, marketing communication, digital and organisation management.

Mr Yuthasak said the tourism safety standard of Safety and Health Administration (SHA) guidelines is one of the urgent missions that the TAT is working on with the Public Health Ministry.

Within this month the SHA rules will be ready for implementation, which should help tourists regain confidence while visiting Thailand, he said.

Mr Yuthasak said the agency also plans to help polish the skills of employees in the sector.

Read original story here.

 

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Kurt | 20 April 2020 - 12:42:40

Is TAT thinking that life/matters abroad are normal, that there no people lost jobs, not eating their bank accounts empty? Holidays abroad to Thailand this year is a unpayable luxury, not mentioning family members who died. TAT, wake up!

goldwing | 20 April 2020 - 07:06:25

I think 16M is way too optimistic, after months of lock downs and millions loosing their jobs, travel will be way down peoples list of things to do, will the government rescind the ruling for 100KUSD medical insurance cover< if they don't tourist numbers will be 0

Christy Sweet | 19 April 2020 - 22:34:18

Maybe they'll stop trashing the planet.

Rorri_2 | 19 April 2020 - 15:18:55

It doesn't matter if Thailand resumes tourism activities,  whete will tourist come from... oh wait from the same ace the virus came from, other nations have stopped incoming, and outgoing, tourists.

Sandbar | 18 April 2020 - 20:26:08

Optimism aside,  and may I say that 
 Thailand were resliant on returning to bussiness as normal following the devistation of the 2004 Tusnami. But Covid - 19 is a differant beast, and scars run deep. People are just glad to reunite with thier love ones alive. Plans for future travel may be guarded globally? 

 

 

 

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