The Association of Thai Travel Agents (ATTA) projects international tourist arrivals to Thailand through its members will decrease by 38% to 1.5 million this year due to the persistence of global economic problems and local political instability. […]
In the first 10 months of this year, ATTA reported tourist arrivals through its members dropped by 30% year-on-year to 1.257 million. The lowest point was October with only 89,388. (Bangkok Post)
The figures are adamant. What is more funny are the explanations… 😉
“Initially, we expected October arrivals of 140,000, slightly lower than last year’s 143,746, but the strike by railway workers caused many rail-based tour groups, especially those from Malaysia and Singapore, to cancel their trips,” he said.
The incident also affected European visitors who bought rail packages, as they simply moved to other countries.
Mr Surapol added that the greatest plunge in visitors came from South Korea, whose arrivals dropped by 56.5% to 70,526, followed by Japan, off by 38.4% to 135,202, and Finland, down by 37.9% to 8,095.
Do you know a lot of european tourists buying “rail packages” to visit Thailand from another country (we are talking here about international arrivals)… ?
Anyway, let’s be serious. The Green Shoots Mania hasn’t “touched” the masses of international travelers. Obviously.
The party is over. They need money to pay back the banks bailouts, to pay for the insane keynesian policies of all the government in the world, many lost their job, their house, and they are burried under debts (public and private)… so they have less money for the bagatelle, AKA some holidays in Thailand to get their skin burned by the tropical sun, eventhough they love it.
And ask yourself : will they have a higher income tomorrow compared to today ? And compared to yesterday ? It’s all about income, AKA solvent demand.
This a basic principle that the clowns don’t want to understand. Income. Income. Solvent demand. Jobs. And debts.
A “jobless recovery” like they say is nothing more than a pathetic oxymoron. There is no sustainable recovery, only a statistical fart as far as GDP is concerned, and a propaganda fantasia sold by corrupted politicians, totally burned out, scared of their own shadow.
And there won’t be any recovery, while developed economies are still destroying jobs.