While Thailand has developed a reputation as a budget-friendly destination, offering affordable accommodation and leisure attractions, tourism authorities appear keen to attract a new breed of high-end clientele. In recent years, several local initiatives and global campaigns aimed at promoting luxury tourism have formed a strategic focus for...
Tourism remains one of the primary drivers of economic growth in Thailand. The sector’s positive performance can be partly attributed to a number of inherent pull factors, including a welcoming culture, abundant natural resources, biodiversity and relative affordability. However, infrastructure has struggled to keep up with the fast-paced growth in visitor numbers, a situation that has led to...
In its April 2018 Economic Monitor for Thailand, the World Bank reported that GDP growth accelerated to 3.9% in 2017, from 0.91% in 2014, 2.94% in 2015 and 3.23% in 2016. This was the fastest expansion since the 7.24% recorded in 2012, and was driven by strong global growth, increased export revenue and a modest recovery in private consumption.
Moves to expand promotional activities in India, China and Russia, coupled with the easing of visa requirements, have helped to diversify Qatar’s tourism industry, helping to offset a fall in arrivals from neighbouring states.
Countries and regions across the world have long understood the potential of the MICE segment as a vehicle to drive high-value tourism and further economic development. In recent decades this has led to significant investment, with nations across the globe working to position themselves as centres for the industry, both regionally and...
Recording consistent growth since 2011, Mexico’s tourism sector has continued to expand steadily. According to government counts, more than 39m foreign tourists visited the country in 2017. Arrivals remained relatively strong throughout the year, being only slightly affected by natural disasters, namely the hurricane that battered popular...
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