Newly released market study: Thailand Tourism Report Q2 2016

Thailand's tourism industry is set to grow significantly over 2016 as the sector recovers from a difficult 2015. Security concerns were high in the previous year following a terrorist attack in August 2015. Combined with political turmoil in recent years, the year proved difficult for tourism in the country. Thailand depends highly on the economic be nefits provided by the industry and the country has a wide range of tourist attractions , as well as continued investment by domestic and international companies. Further investment on travel infrastructure is important for future growth, and the country needs to continue diversifying its source markets to prevent over-exposure to Chinese tourists.

Key Updates A nd Forecasts

Hilton Hotels has reconfirmed their commitment to the Thai tourism industry, with plans to expand the Hilton Garden Inn brand to three properties in Bangkok, Phuket, and Pattaya. It allso has plans to open a Waldorf Astoria hotel in Bangkok.

Full Report Details at
- http://www.fastmr.com/prod/1131000_thailand_tourism_report_q2.aspx?afid=301

International air connectivity continues to expand: China Southern Airlines launched a new flight routes between Nanning and Chiang Mai in November 2015 and Thomson plans to launch direct flights between Manchester in the UK and Phuket in 2016. Additionally, a new air route connecting Bankok and Myanmar opened in early 2016 as well.

2016 is expected to be a solid year for tourism in Thailand, with growth of 6.6%. The total passenger figure should rise to 30.0mn by the end of the year.

The Thailand Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's Thailand Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Thai tourism industry.

Key Benefits
Benchmark BMI's independent tourism industry forecasts for Thailand to test other views - a key input for successful budgetary and planning in the Thai tourism market.
Target business opportunities and risks in the Thai tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Thailand.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

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