Bangkok business as usual

What happens in Thailand…has to stop at midnight!

10 September 2014
Following the ousting of Yingluck Shinawatra as Thailand’s Prime Minister in May this year, we have seen unrest, protests and curfews all of which significantly damaging the events and corporate travel industry. The capital, Bangkok, has seen a 50% drop in investment in Q1 compared to 2013 and had expected to suffer the same fate for the whole of 2014.

With events such as the Bangkok International Symposium on HIV Medicine and DSMB as well as the World Congress in Controversies in Multiple Myeloma (COMy) cancelled and postponed this year, there was potential for long-lasting mistrust from the Thai MICE industry.

However Thailand is hoping for a return to business as usual now that the National Council for Peace and Order (NCPO) has decided to lift an overnight curfew for residents, tourists and importantly business travelers. This will come as great relief to locals whose employment depends upon the traveling communities to Thailand and especially given that scores of inbound flights had been cancelled due to low demand. This then should be a step towards recovery and stability for business travel to Thailand.
With new event enquiries now on the rise for 2015, the event industry is set to return back to the levels of activity seen in 2013 – but how long will the 75% drop in events business damage the reputation of Thailand and its capital, Bangkok?

It will be interesting and important to now observe how Thailand recovers from its political unrest and the effect of any long lasting damage to the reputation of Bangkok as a key international event destination. Will it be in your plans anytime soon?
latest tweets