Thailand Gears up for Q4 Growth News Feed

Thailand Gears up for Q4 Growth

After a positive start to the year, Thailand is gearing up to enjoy continued growth in tourist arrivals right to the end of 2017. Tourism revenue is also expected to grow in the final three months of the year, reported The Nation with overseas visitor arrivals predicted to rise by 5 percent to 8.7 million in Q4, boosting tourism revenue by 10 percent to THB460 billion (US$13.9 billion).

October, the first month in the final quarter, marks the lead up to Thailand’s high season. Tourism hotspots across the country will begin gearing up for popular events in the run-up to Christmas and New Year.

According to the latest reports, markets from across the globe have shown strong growth this year in terms of visitor arrivals. A total of 17.3 million overseas tourists travelled to Thailand in the first half of 2017, generating THB876 million (US$26.5 million) in revenue. The TAT aims to hit a tourism revenue target of THB1.81 trillion (US$54.7 billion) by the close of 2017.

Visitor arrivals from Asean countries have leapt by seven percent to a total of 2.5 million this year. Meanwhile, Northeast Asia remains the top market sector, with visitor arrivals up by two percent to 3.7 million. The number of visitors travelling to the Kingdom from Europe grew by eight percent to 1.3 million, and visitor arrivals from the Middle East rose 14 percent to 340,000. Visitor arrivals from South Asia grew by 11 percent to 390,000 tourists so far, and the Americas by nine percent to 280,000.

Thanks to warm welcoming temperatures, sunny days and plethora of festive events in the latter part of the year, November and December are popular months for tourists travelling to Thailand. The weather in December is especially kind as the temperatures are still warm enough to enjoy outdoor activities, but there’s a refreshing spring-like breeze that creates ideal conditions for sightseeing, too.

Hotspots like Bangkok, Koh Samui and Phuket are particularly popular during these high season months. A choice of festivals and events are arranged in each region, and accommodation tends to book up well in advance.

During this period, private villas are an increasingly popular accommodation choice for family and group holidays. Not only do these properties offer the extra space for guests to spread out, but they provide a wealth of additional facilities that are perfect for those who want to celebrate the festive period in style.

Most luxury villas on islands like Phuket and Koh Samui come with fully-equipped kitchens, often with the services of a professional chef. This is ideal for those that want to tuck into a special celebratory meal during the run-up to Christmas or New Year. Thanks to the additional space, including outdoor areas like gardens, pool terraces and relaxation salas, a private villa is also the ideal spot for those keen to host a New Year celebration.

All these private luxury villas are affiliated with The Boutique Villas
The Boutique Villas is a trademark of Island Property Services Co., Ltd.