Pattaya needs more foreign tourists to revive its alcohol market amid weak domestic spending
Summary by Pattaya Mail
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Pattaya needs more foreign tourists to revive its alcohol market amid weak domestic spending
Kasikorn Research warns of first domestic alcohol market contraction in four years despite eased sales rules; reviving tourism is key for Thailand to boost alcohol sales and support thousands of local businesses. (Photo by Jetsada Homklin) PATTAYA, Thailand – The fragile purchasing power of Thai consumers, coupled with a decline in international visitors, has caused the domestic alcohol market to shrink by 1.8% this year—the first contraction in…
·Pattaya City, Thailand
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