Rising Prices Set to Dampen Thailand's Wet 'N' Wild New Year Festival

Water festival meets wallet squeeze: Thailand’s Songkran spending set to dip

BANGKOK, April 10 — From fewer water guns to cancelled travel ‌plans, rising prices brought by the ​Iran war have driven down expectations for spending next week during Thailand’s traditional new year, or Songkran, sometimes called the ‌world’s biggest water festival.The boisterous event, officially set to run ​for three days from Monday, is a major draw for tourists, as revellers in colourful clothes spray water on each other in an ancient ritu…

Songkran spending set to fall this year

The University of the Thai Chamber of Commerce (UTCC) has revised down its forecast for this year's Songkran spending to as low as 120 billion baht, from 129.6 billion baht, citing rising diesel prices.

Rising prices set to dampen Thailand's wet 'n' wild New Year festival