Post by account_disabled on Dec 12, 2023 3:25:24 GMT -6
Thai airlines and foreign airlines Expanding the airline's fleet Including plans to open many new airlines, which will put pressure on fares and affect the profit margins of the airline business. 4. The financial status of airlines is still quite fragile. From problems during COVID-19 Even though it started to improve from the recovery of income. 5. Compliance with Fly net zero 2050, which is an issue that airlines must urgently focus on. and begin preparing and planning adjustments to alleviate carbon credit costs that will occur in the future. *Expected hotel-aviation business Recovering close to before COVID-19 by the end of 2024. In the future, SCB EIC estimates that the tourism sector is likely to return to normal. This has resulted in the hotel and airline businesses recovering back to near the pre-COVID-19 level. got it in late 2024 due to the overall number of tourists. There is a trend of continued good recovery.
Foreign tourists will return to pre-COVID-19 levels. in the second half of 2024 from the demand Phone Number List for tourism from tourists around the world that is still at a high level. Especially Chinese tourists that will accelerate. In addition, travel expenses There is a tendency to decrease from fuel costs that continue to decrease and airline capacity returns to normal. Thai tourists traveling to Thailand are likely to grow slightly. From domestic tourism demand that is likely to slow after the domestic situation returns to normal. In addition, Thai tourists who like to travel abroad have more opportunities to travel abroad. Meanwhile, the hotel business will obviously recover better. This is consistent with the number of tourists returning similar to pre-COVID-19 levels. The occupancy rate tends to recover faster than the average room price.
This is partly a result of the hotel business emphasizing more promotions on long-term room packages. to increase occupancy rates in line with operating costs. However, the hotel business still faces increased competition. From a new hotel under construction and plans to launch in the next 2-3 years Overall airline business both on domestic and international flight routes It will return to a level similar to 2019 by the end of 2024, with domestic routes recovering first in 2023-24, while international routes will recover later. However, the recovery of Thai airline income depends on many factors, such as reducing and increasing airline capacity, rehabilitation plans of many airlines, competition from foreign airlines, expansion. Market share of international routes of Low-cost airlines with lower fares than Full service, and other risk factors both economic problems and geopolitical problems, etc.
Foreign tourists will return to pre-COVID-19 levels. in the second half of 2024 from the demand Phone Number List for tourism from tourists around the world that is still at a high level. Especially Chinese tourists that will accelerate. In addition, travel expenses There is a tendency to decrease from fuel costs that continue to decrease and airline capacity returns to normal. Thai tourists traveling to Thailand are likely to grow slightly. From domestic tourism demand that is likely to slow after the domestic situation returns to normal. In addition, Thai tourists who like to travel abroad have more opportunities to travel abroad. Meanwhile, the hotel business will obviously recover better. This is consistent with the number of tourists returning similar to pre-COVID-19 levels. The occupancy rate tends to recover faster than the average room price.
This is partly a result of the hotel business emphasizing more promotions on long-term room packages. to increase occupancy rates in line with operating costs. However, the hotel business still faces increased competition. From a new hotel under construction and plans to launch in the next 2-3 years Overall airline business both on domestic and international flight routes It will return to a level similar to 2019 by the end of 2024, with domestic routes recovering first in 2023-24, while international routes will recover later. However, the recovery of Thai airline income depends on many factors, such as reducing and increasing airline capacity, rehabilitation plans of many airlines, competition from foreign airlines, expansion. Market share of international routes of Low-cost airlines with lower fares than Full service, and other risk factors both economic problems and geopolitical problems, etc.
