Thailand's tourism has caused disadvantageous tourism sector as a result of political turmoil over the past few months.
Protesters are more like fan enthusiasts than fans. First, the yellow shirts were on the streets, demanding the resignation of the government, which Taksin Shinawatra saw as exiled prime minister puppet. This was a success, but due to occupations at Bangkok airports, it caused serious inconvenience to tourists, as well as a bad reputation for the country. The government has indeed resigned, but entered the Red Shirts who demanded the new government and Taksin returned to the country with new elections. Obviously, they thought Taksin was victorious in a new election. Then enter the blue shirts who attack the red t-shirts during the recent protests. The leader of the yellow shirts was shot and wounded, and the leader of the red shirts was hiding. The new government is in need of power, but for how long, no one knows. What the yellow and red protesters could not imagine at the expense of the Thai tourism sector. It is a major foreign currency lender and supports hundreds of thousands of direct jobs and even indirectly jobs.
Tourists were worried and they did not stop. In some cities in Bangkok, the utilization rate is 30%. Estimates of tourist revenue losses amount to US $ 500 million. In these days of the credit crisis, this is more than the country can afford. Thousands of hotel workers have been laid off.
The political situation is currently calm, which Hotel and tour operators are hoping for.
In order to support the tourism industry, the Thai government is introducing lively borrowing programs for tourism-driven tourism businesses. More than $ 250 million was allocated. Thailand is an extremely popular tourist destination with millions of visitors per year. Visitors visiting the upcoming holiday season will hope that the policy will hold a back seat and that life and tourism can return to normal.
Source by Matt Potter