Thailand Travel & Tourism Market to 2019

Travel and Tourism in Thailand to 2019

Travel and Tourism in Thailand to 2019 is available at ReportsnReports.com industry research reports collection.

Thailand recorded significant growth in the number of tourist arrivals from emerging countries, such as India, China, and Russia at respective historic period CAGRs of 5.0%, 38.44%, and 28.31%. The increase can be attributed to a rise in income levels in these countries, the abundance of low-cost flying options, and the Tourism Authority of Thailand's (TAT) promotional efforts.

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Globally analyzes consumer perceptions of mobile payments, including the share of payments conducted through mobile phones, satisfaction levels for mobile phone transactions, and key aspects affecting growth in use of mobile payments. This report also highlights projected changes in payments through mobile phones until mid-2015, concerns about payments through mobile phones, frequently purchased product categories, and expected security features from mobile payment service providers.

Political protests in Bangkok, the country's hub of tourism activity, which lasted for seven months starting from October 2013 and ending in May 2014, have had a negative impact on the country's tourism sector. A quick solution to the crisis is not expected and military intervention is a possibility. While the country's beach destinations typically recover from negative international media coverage, prolonged unrest has damaged Thailand's image as a safe tourist destination

The TAT set a domestic tourism volume goal of 136.8 million trips in 2014, and expected the revenue generated from these tourists to reach THB700 billion (US$22 billion). Domestic tourism is also encouraged by Thai government offices and large companies offering domestic trips as part of their incentive programs, and holding business meetings and...