Rich Indians to the rescue as Chinese tourists shun Thailand
NEW DELHI: Thailand’s struggling tourism industry is finding support with visitors from the population colossus to its west, just as the years of bumper arrivals from the giant to its north are beginning to wane.
At a beachfront hotel on the tropical island of Phuket, the occupancy rate from Chinese clientele has stalled, while bookings from India have begun to rise. The Vijitt Resort is one of many in Thailand that has more cause for optimism.
“We’re starting to see new growth,” said Kongsak Khoopongsakorn, Vijitt’s general manager and vice president of the Thai Hotels Association. “Indians are now driving industry growth like the Chinese had previously done.”
What’s happening to Thai tourism could prove a canary in the coal mine for the leisure sector in other Asian economies as China matures and a new India emerges. The Thai industry had been expanding at about about 10% a year on escalating inbound Chinese arrivals, but a 2018 boat accident in Phuket that killed dozens of mainlanders and a slowing economy at home have triggered a drop in numbers.
In contrast, Indian arrivals accelerated in recent months due to more direct flights, a visa waiver and, most importantly, increasing wealth.
The rapid expansion of the middle class among India’s 1.3 billion people has prompted Thai authorities to upgrade their estimates of Indian visitors. At least 10 million are now expected to arrive in 2028, a more than five-fold increase on 2018 visits. That sort of growth trajectory would mimic the rise of Chinese tourists, who jumped from 800,000 in 2008 to more than 10 million last year.
Although China will remain an important market, it is likely to offer less growth potential in the years ahead. India, meanwhile, is set to become the new expansion story in Thai tourism, an industry that accounts for about 20% of gross domestic product.
Chinese visitors currently make up 28% of total foreign arrivals, well ahead of Indians at 4%. But within a decade, Indian arrivals are forecast to surge to about 15% of the total, while Chinese are predicted to edge up to about 30%.
Thailand received about 180,000 Indian tourists in June, a record, the tourism ministry reported last week. It also said Indians spend 11% more per trip than average foreign visitors.
Chinese arrivals could actually fall this year from 2018 as the yuan has weakened against the baht, according to Bloomberg Intelligence. That might deter more cost-conscious Chinese tourists, or see them spend less if they do make the trip.
译文来源：三泰虎 http://www.santaihu.com/48032.html 译者：Jessica.Wu
Pk007•Member • Pk007•Mumbai•6 days ago
Thai people do not treat Indians or Asians any better or equally in comparison to the way they treat the western white people. Thai people first learn to show some respect for the Indians and treat them equally without any discrimination.
shail•6125•Influencer Movie Buff Wordsmith • Pk007 •US•6 days ago
Whoever spends more, gets more respect. Straight and simple.
Yogibkk•7274•Influencer Moderator Movie Buff • Pk007 •6 days ago
There is a saying that you harvest the fruit of seeds you have sawn
Anilk Khan•11643•Influencer Moderator Wordsmith • Anilk Khan•6 days ago
Tiny Thailand get more tourists per year than might India!! They keep the country clean, don''t have beggars at every corner, and a public service employees who actually do their jobs without being bribed. Tourist sites are clean, have working toilets and running water.
I Love Saffron•21544•Influencer Moderator Wordsmith • Anilk Khan•india•6 days ago
Went to THAILAND FOR PROSTITUTION?
Ekdesi•19407•Influencer Moderator Wordsmith • Ekdesi•USA•6 days ago
Rich Indians to the rescue! RaGa is one of them.
Me Mumbaikar•3142• Ekdesi •Mumbai•6 days ago
looks like raga is your dad
Bonny Moraes•11751•Influencer Wordsmith News King • Ekdesi •Goa•6 days ago
You sound healous.