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Thailand Tourism Report Q4 2016

  • October 2016
  • -
  • Business Monitor International
  • -
  • 35 pages

Includes 3 FREE quarterly updates

BMI View:

Thailand presents one of the most developed tourism markets in Asia and we expect the industry to expand during our forecast period, driven by increasing arrivals and greater receipts per visitor. This will support the hotel and restaurant industry's increasing value, creating opportunities for new investments and expansions of local and global hotel chains outside of the main cities. Many hotel operators have already announced ambitious expansion plans within the country, and the government has begun a program to increase the number of high-spending visitors. The country's fundamental advantages look set to carry the industry through a challenging time as 2015 and early 2016 saw a string of violent attacks in tourist hotspots, and political instability remains following the 2014 military coup.

Key Updates And Forecasts


- Hilton Hotels has reconfirmed its commitment to the Thai tourism industry, with plans to expand the Hilton Garden Inn brand to three properties in Bangkok, Phuket, and Pattaya. It also has plans to open a Waldorf Astoria hotel in Bangkok.

- Marriott International is planning two new hotels (one of which is a rebranding) in the country this year, with two more to follow in 2017. The 2016 openings will be in Phuket and Hua Hin

- International air connectivity continues to expand: China Southern Airlines launched a new flight routes between Nanning and Chiang Mai in November 2015 and Thomson plans to launch direct flights between Manchester in the UK and Phuket in late 2016. Additionally, a new air route connecting Bangkok and Myanmar opened in early 2016.

Table Of Contents

Thailand Tourism Report Q4 2016
BMI Industry View 5
Table: Key Forecasts (Thailand 2013-2020) 5
SWOT 7
Industry Forecast 9
Table: Inbound Tourism (Thailand 2013-2020) 14
Table: Tourism Receipts (Thailand 2013-2020) 16
Table: Hotel Accommodation (Thailand 2013-2020) 18
Table: Tourist Departures and Consumption (Thailand 2013-2020) 19
Tourism Risk/Reward Index 20
Industry Risk/Reward Index 20
Table: Asia - Tourism Industry Risk/Reward Index 20
Rewards 21
Risks 21
Market Overview 23
Competitive Landscape 28
Domestic Hotel Groups 28
Table: Domestic Hotel Groups 28
International Hotel Groups 30
Table: International Hotel Groups 30
Methodology 32
Industry Forecast Methodology 32
Risk/Reward Index Methodology 33
Table: Weighting Of Indicators 35

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