Songkran: Academics predict 10 yr low in competition spending this year

Thailand lecturers predict the public’s spending during next week’s Songkran holiday will be the lowest in 10 years. An affiliate professor on the University of the Thai Chamber of Commerce stated he expects people to spend around 106 billion baht altogether throughout Thailand this 12 months. This shall be 5.4% less than final 12 months, when public spending was recorded at about 112 billion baht. This was 21.4% lower than in 2019, before the outbreak of COVID-19.
The professor, Dr. Thanavath Phonvichai, stated on average, folks in Thailand will probably spend around 4,779 baht per person over the almost week-long break. The professor’s predictions are based mostly on a survey the UTCC performed on expected spending behaviour throughout Songkran. He said the anticipated low spending is due to the spike in oil and shopper prices. He added that individuals are extra more likely to have fun Songkran close to house this yr because of Covid-19, in addition to the spike in gas costs.
This information comes after authorities announced water splashing shall be banned during Songkran in Bangkok this year. The Bangkok Communicable Disease Committee determined to allow “water sprinkling” in specific areas which have sought permission, and organisers must abide by “Covid Free Setting” measures set by the Centre for Covid-19 Situation Administration. Participants should keep at a Covid-safe distance of 4 metres and put on face masks. No alcohol is allowed. Officials didn’t go into element about what exactly “water sprinkling” means.
In ติดตั้งโซล่าเซลล์Huawei of the restrictions, businesses on Bangkok’s popular Khao San Road are axing their Songkran celebration plans. Earlier this week, the president of the Khao San Road Business Operators Association stated that for many businesses in the space, having to adjust to the strict measures will be too dangerous. On the intense aspect, the UTCC predicts that tourism will finally decide up — after the relief of travel restrictions and tourism promotion..

Leave a Comment