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Thailand Tourism Report Q1 2016

  • December 2015
  • -
  • Business Monitor International
  • -
  • 34 pages

Includes 3 FREE quarterly updates

BMI View:

Thailand's tourism industry has proved highly resilient, with arrivals continuing to increase over the course of 2015 despite significant security concerns following the bombing in Bangkok earlier in the year. The country's many tourist attractions, excellent regional and global connectivity and well developed hotel market will continue to attract a broad range of international visitors over our five year forecast period, ensuring continued growth in hotel and restaurant industry value and tourism related spending. We do note however that there is some potential for growth to be derailed should domestic political tensions escalate in the run-up to elections, which have once again been delayed until 2017.


Key Updates and Forecasts
- Thailand continues to attract considerable investor interest. The Spanish hotel group Meliá recently announced the development of three new hotels in the country while the Swiss hotel group Mövenpick Hotels & Resorts has a luxury hotel due to open in Pattaya in December 2015.
- Domestic hotel group Minor International PCL (MINT) has set an investment budget of around THB42bn (USD1.17bn) for the next five years aiming to expand its international portfolio to 200 hotels and 3,000 restaurant branches by 2020.

Table Of Contents

Thailand Tourism Report Q1 2016
BMI Industry View 5
Table: Key Forecasts (Thailand 2012-2019) 5
SWOT 7
Tourism 7
Industry Forecast . 9
Table: Inbound Tourism (Thailand 2012-2019) . . 13
Table: Tourism Receipts (Thailand 2012-2019) . . 14
Table: Hotel Accommodation (Thailand 2012-2019) . . 17
Table: Tourist Departures and Consumption (Thailand 2012-2019) . 18
Tourism Risk/Reward Index 19
Industry Risk/Reward Index .. 19
Tourism Risk/Reward Index 19
Table: Asia - Tourism Industry Risk/Reward Index . 20
Security Risk .. 21
Market Overview 22
Competitive Landscape . 27
Domestic Hotel Groups 27
Table: Domestic Hotel Groups . 27
International Hotel Groups . 29
Table: International Hotel Groups 29
Methodology . 31
Industry Forecast Methodology . 31
Risk/Reward Index Methodology 32
Table: Weighting Of Indicators . 34

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