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The growth of China-Bangkok market over the last few years – A New Era of Prosperity for Thailand

Thailand’s rise to the top of the world’s most renowned tourist-destinations happened almost overnight, and it looks like the nation’s appeal is ever-increasing.

Mike Powell, Bangkok Suvarnabhumi 4, CC BY-SA 2.0

Air Travel Capacity has Doubled

Within just one year, from 2014 to 2015, the number of booked seats on airlines bound for China and/or Thailand increased by 67.3%. From 2014 to 2017, the number of seats increased by an incredible 128%. This is an exponential increase.

Rising Property Value

Thailand is a very attractive destination for not just tourists, but expats as well. The cost of living is fairly low, and it’s a true global city. Phuket is one of the most popular places, and property value has soared in recent times, making Phuket Property Investment very lucrative. Many entities, such as Infinite Luxury, are aware of this.

Bangkok Airports are International Gateways

Three of the biggest airports in Asia belong to Thailand, and Bangkok’s Suvarnabhumi and Don Mueang airports, respectively, share one-third of the total number of departing seats between the two countries!

Non-Hub Airports are also On the Rise

Back in 2008, only 15% of the total airfare market involved non-hub airports. In the modern day, due to increased point-to-point connections, secondary airports now command 48% of market share.

Fritzjames Stephen is a travel writer, who writes content based on the myriad of experiences and indulgences that the world has to offer travellers across all walks of life. Google+



This post first appeared on The Luxury Travel Channel, please read the originial post: here

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The growth of China-Bangkok market over the last few years – A New Era of Prosperity for Thailand

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