Thailand Travel and Tourism Market Summary and Forecast

January 2024 | 41 pages | ID: T636471459E0EN
MarketLine

Abstracts

Thailand Travel and Tourism Market Summary and Forecast

Summary

Travel & Tourism in Thailand industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The travel & tourism industry consists of revenues generated by passenger airlines, passenger rail, hotels & motels, foodservice, travel intermediaries, and casinos & gaming.
• The Thai travel & tourism industry had total revenues of $41.1 billion in 2022, representing a negative compound annual growth rate (CAGR) of 9.7% between 2017 and 2022.
• The hotels & motels segment accounted for the industry's largest proportion in 2022, with total revenues of $25.2 billion, equivalent to 61.2% of the industry's overall value.
• The growth of the industry is also attributed to rising leisure and business tourism, growth in the hotel and motel industry, an increasing number of global events attracting large visitors, boosting infrastructure development, easing mobility, and emerging adventure tourists. For instance, according to GlobalData, the proportion of travel and tourism in the GDP of Thailand increased to 10.45% in 2022 from 3.07% in the previous year.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Thailand
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Thailand
• Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Thailand travel & tourism market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Thailand travel & tourism market by value in 2022?
• What will be the size of the Thailand travel & tourism market in 2027?
• What factors are affecting the strength of competition in the Thailand travel & tourism market?
• How has the market performed over the last five years?
• What are the main segments that make up Thailand's travel & tourism market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?

8 COMPANY PROFILES

8.1. Marriott International Inc
8.2. Yum! Brands, Inc.
8.3. Diethelm Travel Management Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Thailand travel & tourism industry value: $ million, 2017–22
Table 2: Thailand travel & tourism industry category segmentation: % share, by value, 2017–2022
Table 3: Thailand travel & tourism industry category segmentation: $ million, 2017-2022
Table 4: Thailand travel & tourism industry geography segmentation: $ million, 2022
Table 5: Thailand travel & tourism industry value forecast: $ million, 2022–27
Table 6: Marriott International Inc: key facts
Table 7: Marriott International Inc: Annual Financial Ratios
Table 8: Marriott International Inc: Key Employees
Table 9: Marriott International Inc: Key Employees Continued
Table 10: Marriott International Inc: Key Employees Continued
Table 11: Yum! Brands, Inc.: key facts
Table 12: Yum! Brands, Inc.: Annual Financial Ratios
Table 13: Yum! Brands, Inc.: Key Employees
Table 14: Yum! Brands, Inc.: Key Employees Continued
Table 15: Diethelm Travel Management Ltd: key facts
Table 16: Diethelm Travel Management Ltd: Key Employees
Table 17: Thailand size of population (million), 2018–22
Table 18: Thailand gdp (constant 2005 prices, $ billion), 2018–22
Table 19: Thailand gdp (current prices, $ billion), 2018–22
Table 20: Thailand inflation, 2018–22
Table 21: Thailand consumer price index (absolute), 2018–22
Table 22: Thailand exchange rate, 2018–22

List Of Figures

LIST OF FIGURES

Figure 1: Thailand travel & tourism industry value: $ million, 2017–22
Figure 2: Thailand travel & tourism industry category segmentation: $ million, 2017-2022
Figure 3: Thailand travel & tourism industry geography segmentation: % share, by value, 2022
Figure 4: Thailand travel & tourism industry value forecast: $ million, 2022–27
Figure 5: Forces driving competition in the travel & tourism industry in Thailand, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in Thailand, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in Thailand, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Thailand, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Thailand, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Thailand, 2022