Rising Thai baht prompts tour packages to be more expensive

BANGKOK, 26 April 2013 (NNT)-Association of Thai Travel Agents (ATTA) President Sisdivachr Cheewarattanaporn has revealed that tour agencies are set to increase their service fees by 10-15% at the end of this year to reduce impacts from the rising Baht.

According to the ATTA President, the reason for the higher cost is due to the fact that while Baht fluctuation remains imminent, tour clients often try to book their trips in advance for fear that they will end up paying more if the Baht rises further.

This has led to a profit loss among tour agencies, he added. Meanwhile, he said, the number of foreign visitors has increased during April 1-21 by 46% year on year. The majority of them came from China, Russia, Japan, South Korea and India respectively.

Read more: NNT