Posts Tagged ‘Asian Markets in tourism’

Thailand 2010 plans reveiled

February 2nd, 2010

The TAT predicts that 2010 becomes more favorable, as long as no major political crisis occurs. The economic situation of individual countries continues to be the major factor influencing the growth of each target market. TAT expects the number of international tourists to grow at around 7 to 10% to approximately 15.0 to 15.5 million in 2010.

When considering economic trends and aviation links to key regions, TAT has identified/will be focusing on three key market groups:

* Group 1: This includes the ASEAN member countries, South Asia, France, the United Kingdom, the Netherlands, Iran, Kuwait, and Jordan. International flights between these countries and Thailand are expected to increase in 2010, both on existing routes and new routes coming on line. In every market, a Customer Relationship Management (CRM) strategy will be used in Europe.

For the ASEAN market, TAT will focus on Thailand as a holiday break destination by reinforcing Thailand’s unique selling points of value and shopping. A quality strategy will be used for the Middle East and South Asia markets. In the Middle East, Thailand will be branded as a destination offering quality, value and variety, as well as focusing on the health market.

* Group 2: The key markets in this group are Oceania, Scandinavia, Germany, Russia and Vietnam. This group includes existing markets where the economic situation is likely to be stable or to decline slightly in 2010, and are not expected to show the same levels of growth seen at the end of 2009. The number of flights to these markets is expected to remain at the current level or decrease slightly during 2010.

* Group 3: This group includes Northeast Asia, the Americas, Singapore and the United Arab Emirates (UAE). TAT’s goal for this group is to revive a stagnant market base. The number of arrivals from these countries showed the greatest decline during 2009, mainly resulting from a loss of confidence in Thailand as a safe destination, but exacerbated by the severe economic downturn. In 2010, the economic status of these countries should return to normal. Flights, which declined in number during the market slowdown, are now maintaining stable levels.

Marketing Trend for 2010

The Thai economy is showing signs of continuous growth for 2010. In the last quarter of 2009, the Office of the National Economic and Social Development Board predicted the economy would grow at 3 to 4% due to the global economic recovery and the government’s ‘Making Thailand Stronger’ economic stimulus program. Rising consumer confidence will result in increasing domestic tourists. This trend was evident in the Amazing Thailand Amazing Value campaign at the end of 2009, which is continuing into the 2010 tourism season and attracting more operators.

Sales promotion activities will also be used for tourism marketing in 2010. These include the Thai Tourism Festival, Amazing Two Coasts, Amazing lsan Fair and One Night One Price campaigns. Other tourism activities will be tailored to specific lifestyles and interests, such as train tours, tourism for senior citizens, golf tournaments, tourism with pets and creative music festivals. New tourist attractions and activities that reflect the culture and style of a particular region will also be introduced. For 2010, the target for tourism will be 90 million trips, an increase of 3.38%, with income from tourism expected to reach 430,000 million baht, an increase of 5.5%.

Source: Travel Daily News

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Thailand arrivals pick up, recovery in sight?

November 25th, 2009

While the TAT was very optimistic in October about the target set up 14 Million arrival for Thailand this year, the ATTA is a bit more conservative. There can be seen a positive growth and the earlier mention 20% drop will not be achieved.

According to the ATTA (Association of Thai Travel Agents) the arrivals target of foreign visitors will remain on 11.5 Million visitors, still less then the expectations by the Ministry of Tourism. For the first 10 months of this year we have seen a drop of 10% compared to the same period last year. The big losses have been made in the beginning of the year as September and October show a growth rate of 16% and 10% respectively.

It is too early to speak about a recovery, but the number show that Thailand is still a favored destination, despite the crisis. The combined effort of airliners and hotels to adapt their rates definitely paid off. Markets as Germany and UK are still traveling, their decline is very small. The main Asian markets as Japan, China and South Korea dropped by 18% to 40%. We have seen the biggest growth for India, 5.5% up.

The figures which have been analyzed are from January 1st till October 31st, still much can happen as the high and peak season are not included.

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