Kasikorn Research Centre says Japan visa exemption for Thais will
encourage outbound travel to reach around 300,000 trips this year up around 50%
on last year’s trends.
The bank noted that Japan ’s
tourism has made a quick recovery in the aftermath of the great East Japan earthquake disaster of March 2011, and through
the introduction of visa-free entry, travel to the country should continue to
expand.
The centre said the Japanese government intends to increase
international tourist arrivals to 18 million by 2016 and 25 million by 2020,
focusing on ASEAN markets including Thailand .
Outbound travel from Thailand
performs well below par when compared to Singapore
and Malaysia .
Thais face considerable hassle to obtain visas, while the low value of the Thai
baht compared with most currencies in the past made overseas travel expensive.
Other factors that attract foreign visitors to Japan
are the diverse tourism products along with numerous breathtaking natural
attractions, fine weather, exotic food and a mix of traditional and high tech
lifestyles. The bank noted that Japan should welcome 10 million
visitors this year, up 20% year-on -year.
Outbound travel from Thailand is growing mainly because
of the rapid rise in the baht against the yen since the fourth quarter of 2012.
Japan
is viewed as a top shopping destination.
Although the baht is expected to weaken substantially in the
second half of this year a visa-free policy when combined with creative packaging
by Thai travel agents should maintain a steady moderate growth.
The bank estimated Thai travelers will spend around Bt12
billion on trips to Japan
this year.
Kasikorn Research Centre is a subsidiary company of
Kasikorn Bank, which conducts tourism and business research mainly on Thailand ’s
economy including tourism with reliable recommendations and indicators on
business prospects.
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