Traditional Culture Encyclopedia - Hotel reservation - Why have the air tickets and hotel prices to Thailand gone up?
Why have the air tickets and hotel prices to Thailand gone up?
The following are some reasons and possible impacts of Thailand's tourism without price advantage:
1. Exchange rate change: With the fluctuation of the exchange rate of Thai baht against the US dollar, the change of tourism cost in Thailand is also happening constantly. Especially in the near future, with the impact of the COVID-19 epidemic, Thailand's economy has been greatly affected, and the exchange rate may fluctuate further, resulting in unstable tourism costs.
2. Rising transportation costs: With the rising transportation costs, especially the rising transportation prices of domestic flights and train tickets in Thailand, the transportation costs of tourists to Thailand are rising.
3. Rising prices: Thailand's economy has developed rapidly in the past few years, and domestic prices have continued to rise, leading to rising tourism costs. In addition, the ticket prices of some popular tourist attractions in Thailand are also rising, and tourism consumption expenditure is also gradually increasing.
4. Epidemic impact: After the outbreak of the COVID-19 epidemic, Thailand's openness to the outside world declined, and the tourism industry was greatly affected. Although the Thai government has taken a series of measures to encourage the recovery of tourism, the uncertainty brought by the epidemic and the instability of tourism will affect tourists' decision to travel to Thailand.
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