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Opportunities in Thailand Tourism Industry (2007-2009)

Opportunities in Thailand Tourism Industry (2007-2009)

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Publish Date : May, 2007| No. of Pages : 60

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RNCOS "Opportunities in Thailand Tourism Industry (2007-2009)” report gives an in-depth analysis of the present and future prospects of the Thailand tourism industry. It looks into the Thailand tourism industry in detail with the focus on different tourism parameters: Inbound tourism, Outbound tourism, Expenditure by Inbound tourists, expenditure by outbound tourists, Accommodation facilities, Transportation facilities, and Medical tourism. This report helps clients to analyze the opportunities and factors critical to the success of tourism industry in Thailand.
 
Key Findings 
  
  - Malaysia, Japan, and Korea are the important destinations from where the large amount of visitors come to Thailand.
    Apart from ASEAN countries, tourist arrivals from China and India will remain influential throughout the forecast
    period (2007-2011).
  - It is also expected that inbound tourist expenditure per head will increase by around 10.49% in 2011 as compared to 2006.
  - Thailand has been promoting its healthcare tourism, where it is providing the visitors with private healthcare facilities. It is 
    expected that the tourist arrival for the purpose of medical treatment will reach two Million by 2010.
  - Youth is generally considered to be the adopter of new products and concepts. This provides the tourism industry with the
    opportunity to target the young age group as their potential customers. It is expected that the population aged between
    15-64 years will constitute 69.2 % of the total population by 2011.
  - Increasing disposable income will definitely open the opportunities for both the outbound and domestic tourism. It is
    expected that Thailand per head disposable income will increase with the CAGR value of 6.54 % for the period spanning
    from 2007 to 2011.
  - Regional demand for travel will continue to be dominated by short trips by Thai travelers to take advantage of cheap
    shopping and resort facilities in other ASEAN countries. This trend will be supported by the growing popularity of
    low-cost carriers, which are being given access to the local market.
 
Key Issues and Facts Analyzed
  
  - How the global tourism, Asia-Pacific tourism and ASEAN tourism industries are performing?
  - What is the position of Thailand tourism industry with respect to the ASEAN tourism industry?
  - What are the emerging trends in the tourism sector in Thailand? 
  - What is the future outlook of the tourism industry in Thailand in terms of inbound tourism and outbound tourism,
    and expenditure by inbound and outbound tourists?
  - Which factors are driving the Thailand tourism industry?
  - What opportunities exist for the Thai tourism industry?
  - What challenges are faced by the industry?
  - Who are the major players in the Thailand tourism industry?
  - How other economic factors are affecting the tourism industry?
 
Key Players Analyzed
 
This section covers the key facts about the major players currently operating in the Thailand tourism industry including Orient-Thai Airlines (International), Star Cruises Limited, Thai Airways International PCL, Amari Hotels & Resorts, Dusit Hotels & Resorts, Diethelm Travel Asia Ltd., Six Senses Resorts & Spas and Thai Siri Tours. 
 
Research Methodology

Information Sources
Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to access to more than 3000 paid databases.
 
Analysis Method
The analysis methods includes the following: Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.

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