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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (45232)1/13/2009 2:12:42 AM
From: elmatador  Respond to of 217742
 
Tourism will be hit hard. arrivals will fall almost 9% this year to 12.8m, their lowest since the aftermath of the 2004 tsunami owing to the country's political standoff and the global economic downturn, writes Tim Johnston in Bangkok .

Part because of the standoff but much more because of people do not go to international destinations for tourism during times of hardship.

Thailand's glum tourism forecast
By Tim Johnston in Bangkok

Published: January 9 2009 02:00 | Last updated: January 9 2009 02:00

The Bank of Thailand has projected that tourist arrivals will fall almost 9 per cent this year to 12.8m, their lowest since the aftermath of the 2004 tsunami owing to the country's political standoff and the global economic downturn, writes Tim Johnston in Bangkok .

The central bank estimated arrivals fell 3 per cent last year. Thailand's tourism sector, which represents 6-10 per cent of gross domestic product, is struggling. A month after protesters shut the two main airports in a drive to remove the last government, hotels are cutting rates and mothballing whole floors.

The bank estimated the cost of the closures to be Bt290bn ($8.3bn, €6bn, £5.5bn), worth almost 3 per cent of annual GDP.

Some hotels filled as few as 6 per cent of their rooms after the airport closures. "Some of the famous river hotels [in Bangkok] were reporting that they had only one or two guests staying at one point," said Andrew Wood, general manager of the capital's Chaophya Park Hotel.

December should have been the beginning of Thailand's high season, a four-month period bringing in half of the country's tourism receipts.

Chumpol Silpa-Archa, tourism minister, has announced a Bt15.6bn programme designed to revive the industry.



To: TobagoJack who wrote (45232)1/13/2009 2:14:12 AM
From: elmatador  Respond to of 217742
 
All females give you a hug in the morning. That's one of the influences Brazil has had here in Angola.
Not to mention the attire...
In short I don't miss Tehran.



To: TobagoJack who wrote (45232)1/13/2009 10:02:04 AM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 217742
 
not to worry. the rally is still firmly in place. get your spikes on and climb the wall of worry.



To: TobagoJack who wrote (45232)1/13/2009 5:14:26 PM
From: Kona  Read Replies (1) | Respond to of 217742
 
Hong Kong named world's freest economy

news.yahoo.com