Kittiratt upbeat on prospects but wants more investment | Bangkok Post: business

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TOURISM

Kittiratt upbeat on prospects but wants more investment

Tourism revenue could very well surpass the 2 trillion baht forecast for 2015 thanks to higher numbers of visitors, says Deputy Prime Minister Kittiratt Na-Ranong.

The revenue target was made before last year's number of inbound travellers overtook the predicted 22 million to reach 22.3 million, he said at the 12th annual general meeting of the Association of Thai Travel Agents and the Thai Hotel Association (THA).

Mr Kittiratt said the government must carry out several tasks to increase the spending of tourists and the duration of their stays.

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  • boons

    United StatesPost : 664

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    Discussion 1 : 12 Feb 2013 at 09.431

    Occupancy rates are directly tied to low prices. Thailand's rate of price inflation is on pace to decimate its occupancy rates. This is a Catch 22. More investment in this space is malinvestment if Thailand keeps pursuing stimulus which directly leads to price inflation. Kuhn Kittiratt is burning the candle from both ends.

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