The paper tells that in the last two decades, Thailand had witnessed one after another worst crisis. As per Fouchier et al, in 1996, Thailand was impacted due to Asian Financial Crisis, and then its tourism industry was affected by the Bird Flu in 2004 and also by SARS in 2004…
Download file to see previous pages...
Center of discussion in this paper is Thailand as the second –largest player in the tourism sector in the region and one of the top 30 destinations in the globe both in indirect and direct contributor to GDP and in absolute terms. In 2010, 15.8m foreign tourists visited Thailand. However, the arrival of the foreign tourist sharply declined by 12.9% in May 2010 as contrasted the corresponding period in 2009. In the last two decades, Thailand had witnessed one after another worst crisis. The decline in numbers in 2010 was due to long-run street protests in Bangkok that dispirited the foreign tourists. In the fag end of the year 2011, Thailand met with another crisis – unprecedented flood, which devastated its economy and tourism sector. Thailand has been regarded as one of the South-East Asia’s largest economies and has been reckoned as one of the regions’ preferred destination for investments. In the background of global economic downturn and political turbulence it witnessed in 2010, the country is slowly recovering on strong phases. While the tourism industry prolongs to contribute a major part of its export revenues and is set for further growth in 2012 as well and there has been a visible increase in its export revenues but in the fag end of the year 2011, Thailand met with another crisis – unprecedented flood, which devastated its economy and tourism sector. Tourism has been regarded as one of the largest sectors of the Thailand’s economy and a major foreign-currency earner....
(Oxford Publishing Group, 2009, p.131). This research essay will analyse the various crises witnessed by the Thai’s tourism industry and recent havoc flood in 2011 and how it has impacted the tourist industry of Thailand and suggest means to devise suitable strategies to mitigate the future crises from impacting the Thailand’s tourists industry. Analysis In 2010, 15.8m foreign tourists visited Thailand. However, the arrival of the foreign tourist sharply declined by 12.9% in May 2010 as contrasted the corresponding period in 2009. The decline in numbers in 2010 was due to long-run street protests in Bangkok that dispirited the foreign tourists. As WTTC report 2011, tourism industry directly contributed BT 617.7bn or 5.8% of its economy. (Oxford Publishing Group, 2011). If one look at the above graph, Thailand’s economy had performed since Q4/2008 moderately when compared neighbouring nations like Hong Kong and Singapore but its performance was poor as compared to Philippines, Malaysia and Indonesia. (Jitsuchon & Patanarangsun, 2009, p.2). The number of foreign tourist visited Thailand was at its peak in January 2008 but dipped to very low level in 2009. Despite the fact that the Thailand’s very positive future outlook for long-run growth , both 2008 , 2009 and 2011 were the toughest years for the Thai’s tourism industry due to political turmoil that occurred both in Pattaya and in Bangkok in April 2009 and devastating floods in 2011. (Jitsuchon & Patanarangsun, 2009, p.6). WTTCs benchmark estimations of Thailand’s tourism effect on its economy which has taken account of the wider input of tourism both indirect and direct across all sections. Hence, it is estimated that the tourist industry’s net contribution to Thailand’s
...Download file to see next pagesRead More
Cite this document
(“A recent crisis in tourism in Thailand Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Retrieved from https://studentshare.org/tourism/1394316-a-recent-crisis-in-tourism-in-thailand
(A Recent Crisis in Tourism in Thailand Essay Example | Topics and Well Written Essays - 3000 Words)
“A Recent Crisis in Tourism in Thailand Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/tourism/1394316-a-recent-crisis-in-tourism-in-thailand.
The essay identifies the connection between tourism and natural disasters and relates it to Thailand’s context. This is important as this connection would lead to insights about appropriate marketing strategies to minimize the negative impacts of natural disasters on the tourism industry. Tourism developments in Thailand after the tsunami are also being discussed in detail.
2008 is a very tough year for Thailand. The country is within its internal political crisis during this year that deepens the manifestation of social divisions and being to be affected by the most serious global financial crisis that has to face and resolve (Singh 2009 p.334).
Thailand is internationally known for its medical tourism attractions. Spas are also very famous in tourist because apart from providing post treatment Facilities they also provide great entertainment. Medical tourism is also known as “medical travel” or “health tourism”.
Youth Transnationalism, Backpacking, and Tourism in Thailand 1. Introduction Tourism is currently in a state of global change. The expectations and desires of the average tourist have been gradually evolving over the years, and the tourist industry, although struggling to keep up, has performed brilliantly across sectors (Hamzah & Hampton, 2011).
This paper deals with the situation and focuses on the events that had happened there, relationship between the government of Thailand and its Muslim population. It then moves on to analyze the cause of violence and the social, economical, and political fallout caused by the violence and ends with a conclusion from what is understood from this analysis.
The economy improved during the tenure of the former Prime Minister Thaksin Shinawatra and the Real GDP growth increased from 2.2% in 2001 to 6.3% in 2004.
However, due to the prevalent political uncertainty and the global financial crisis
some of the notable factors affecting its tourism industry, reports stated by the Tourism Authority of Thailand (Thailand Tourism Overview for 2009, 2010) have been evidently showing that the industry is recovering fast by mid-2009. This further reveals that the sharp decline
The author explains that few nonprofit organizations like Southern Fisherfolks Network (UK) have always supported Muslim-fishermen in Thailand but during the time of crises all such NGO’s came forward to work for projects that supported Tsunami victims. Ban Namken Community. They had about 170 staff members.
Unfortunately, Asia suffered a serious financial crisis that paralyzed the economic progress of the countries in the region. However, the countries stated recovering from the crisis the year 2007 when another financial crisis hit the region
2 Pages(500 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic A recent crisis in tourism in Thailand for FREE!