Fuel fears and price surge dampen Songkran travel mood
Thailand's tourism sector is facing challenges due to rising fuel prices and concerns over supply, which may lead to a 20-30% decline in tourism activity during the Songkran festival. The fuel price hike and broader economic pressures are expected to disproportionately affect middle- and lower-income travellers, impacting both domestic and international travel.
Thailand's tourism sector is under pressure due to rising fuel prices. The recent 6 baht per litre increase has complicated travel decisions, particularly for middle-income households. The Association of Thai Travel Agents expects tourism activity to decline by 20-30% during the Songkran period. Domestic tourism is also slowing due to declining confidence over fuel availability and rising travel costs. To support the sector, proposals include clear communication of sufficient fuel supplies, temporary measures to control refinery costs, and support for domestic flights. The Department of Energy Business is preparing to ensure sufficient fuel supply during the festival.
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