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HOW MUCH? TOURISM BUSINESSES SEEK UP TO B20 BILLION IN ASSISTANCE OVER VIRUS FALLOUT
Phuket Governor Phakaphong Tavipatana received the request for B20 billion in assistance on Monday (Feb 3). Photo: PR Dept
Tanyaluk Sakoot reporter2@classactmedia.co.th
P
huket Governor Phakaphong Tavipatana on Monday (Feb 3) was handed a formal request for the government to provide up to B20 billion in assistance to tourism businesses suffering as the number of international tourist arrivals continues to plunge in the fallout from the Wuhan coronavirus outbreak in China. The same request had already been sent to Prime Minister Prayut Chan-o-cha and the Ministry Finance, explained Kongsak Khongphongsakorn, President of the Thailand Hotels Association Southern chapter, who was at the meeting at Provincial Hall on Monday.
Phuket Tourist Association President Bhummikitti Ruktaengam explained that the request for B20bn was for a worst-case scenario of the number of Chinese tourists falling by 90%. As of Tuesday (Feb 4), the total number of international tourist arrivals at Phuket International Airport had fallen by more than 44%, according to the Tourism Authority of Thailand (TAT) Intelligence Centre. (See page 9.) “We have modelled our request on three scenarios,” Mr Bhummikitti told The Phuket News. “The first scenario is that the number of Chinese tourists falls by 50%, which would result in losses of tourism revenues of about at B7.425bn and a total economic loss of about
B9.281bn,” he explained. “The second scenario is that the number of Chinese tourists falling by 70%, which would result in tourism income losses of about B10.395nm, and a total economic loss of about B14.033bn,” he added. “The third scenario is that the number of Chinese tourists falls by 90%, which would result in tourism income loss of an estimated B13.365bn and a total economic loss of about B20.047bn,” Mr Bhummikitti said. “If the coronavirus situation remains uncontrollable, we may suffer greatly as a consequence, but either way an increased economic impact is inevitable,” he added. The request for assistance has been formally filed by the Phuket Tourism Business Association, in cooperation
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with the Phuket Tourism Industry Council, the Thai Hotel Association Southern chapter and the Phang Nga Province Tourism Association, Mr Bhummikitti explained. “We sent the urgent request to Prime Minister Prayut Chan-o-cha and the Ministry of Finance on January 28,” he confirmed. The operators are not expecting a government giveaway, Mr Bhummikitti added. “We require and ask for B20bn be provided as soft loans to support tourism operators, businesses and staffers working in Phuket. We have asked that the government provides loans to support tourism businesses with 2% interest, which is same rate of interest as the soft loans provided after the 2004 tsunami,” he explained.
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