Asia travelers spend more money in Thailand.

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Kung-fu Hillbilly
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Asia travelers spend more money in Thailand.

Post by Kung-fu Hillbilly » Wed Oct 10, 2018 3:24 pm

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Image Bloomberg


By Nikki Ekstein
October 10, 2018,

It’s the fourth-most-profitable tourism destination in the world.

"Just more than a year ago, I ate at Nahm, in Bangkok—and walked out after paying barely $60 for a tasting menu that currently ranks 49th on the World’s 50 Best Restaurants list. My grand, five-star hotel, the Anantara Siam, with its gilded murals and landscaped courtyards, cost $150 a night, including a breakfast buffet that was truly fit for royalty."

"Last year, it collected $57 billion in international tourism receipts, nearly doubling Macao ($36 billion), Japan ($34 billion), Hong Kong ($33 billion), and China ($33 billion). Globally, the only countries that out-earn Thailand in terms of tourism dollars are France ($61 billion), Spain ($68 billion), and the United States—which handily takes the gold medal, at $211 billion."

"The capital, meanwhile, has stayed largely out of the way of these visitor-related troubles—perhaps because it’s hard(er) to justify bad behavior in a city with 40,000 Buddhist temples. “Of course, red light tourism is alive and well—like it or not,”

"Dino Michael, global head of Waldorf Astoria Hotels and Resorts, agrees. “We’ve been noticing the upscaling of Bangkok for a few years,” he tells Bloomberg. “The consumer has become more sophisticated; the dining scene has become more sophisticated.”

Full https://www.bloomberg.com/news/articles ... se-in-asia
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