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Home arrow Thailand arrow Travel News arrow Thailand sees 18% increase in business travellers
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Thailand sees 18% increase in business travellers
Thailand’s meetings, incentives, conventions and events (MICE) market continues to grow in 2007, as business arrivals jumped in 2007 some 18% compared to the previous year. As business travel numbers continue to grow by phenomenal figures, the meetings market now grows at levels between 20%-30%, outpacing the leisure market and overall tourism growth by leaps and bounds. By the end of 2007, Thailand is expecting to record over 797,000 travellers who state ‘business’ as intent of trip. 2006 recorded 677,500 business travellers. Business and corporate travellers also tend to spend more into the local economies, with 2006 bringing in revenues of over THB46.7 billion, and 2007 looks to receive more than THB55 billion. “Over the past eight years, MICE industry in Thailand has been a significantly fast-moving sector,” TCEB President Natwut Amornvivat has said previously. “Our strength of business is shown in the readiness of meeting venues and facilities for consumer products shows, infrastructure, uniqueness of Thai culture, hospitality, famous national cuisine, and a large number of premium tourist attractions.”
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