• Tourism

    Tourism is a fast-growing sector in many emerging markets. OBG analyses the latest statistics on visitors and spending, highlighting investment opportunities. Our research covers hotel developments, government incentives, demand for leisure facilities and the MICE segment.
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What kind of steps is Thailand taking to secure a higher-spending tourist demographic?

Setting targets for the tourism industry in Thailand has become a pleasing conundrum, with the forecasts seemingly fated to be bettered by the facts. The original goal of 24.3m for total visitors in 2013 represented an increase of 2m over 2012. When it became clear that the target was too low, a new one of 26.1m was set. Even the second number...

Some in the industry hail it as the best investment the Tourism Authority of Thailand (TAT) has ever made. TAT contributed BT2m ($65,000) to help make the Chinese film Lost in Thailand, which was shot on location in the north-western Thai city of Chiang Mai, and went on to become the highest-grossing mainland film ever. It was the first...

Despite the political and social challenges that marked late 2013, Thailand’s economy has remained stable and is poised for further growth in the coming years. However, concerted action by the public and private sectors will be needed for the country to avoid the middle-income trap of stagnating productivity and to maintain its stance as a top Asian economy.

Chapter | Tourism from The Report: Thailand 2014

The 26.7m international arrivals in 2013 represented a 20% rise on 2012. China was the top source of visitors with a 6.9% increase to 4.7m. Next came Malaysia (2.99m), Russia (1.73m), Japan (1.53m), South Korea (1.29m), Laos (1.1m) and India (1.04m). The Tourism Authority of Thailand set 28.01m visitors as the goal for 2014. The Tourism Council of Thailand is more optimistic, forecasting 29.92m...

Chapter | Tourism from The Report: Indonesia 2014

Boasting some of the world’s greatest biodiversity and dynamic landscapes, Indonesia has long been a popular destination amongst tourists. The development of an Islamic heritage niche has seen an increase in arrivals from Gulf countries. Arrivals from the UAE and Saudi Arabia increased 122.4% and 34.2%, respectively, in 2013. The number of air travellers to Indonesia rose 15% in 2012, reaching 72...

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