Skip to main content

Thailand to target high value markets for meetings and incentives industry

The Conventions and Exhibitions Bureau (TCEB) has organized TIME 2018 to expand into high-value markets catering to the meetings and incentives industry.

TIME 2018 is one of several major events organized by TCEB’s Conference and Tourism Promotion Department aimed at creating marketing opportunities, maximizing the potential of MICE businesses, and focusing on “long-haul markets” such as Europe, North America, and Oceania. Clients from long-haul centers tend to extend their stay after the meeting for vacation purposes due to the long travel distance and are often repeat customers, thereby providing high economic value for Thai businesses.

TCEB Vice President of Business, Nichapa Yoswee, today disclosed that meetings and incentives account for around 50% of revenue from the country’s meetings, incentives, exhibitions, and conferences (MICE) industry. In the first half of the year, the Meetings (M) group received over 150,000 visitors, growing by 11.81%, while the Incentives (I) group received over 176,000 visitors, growing by up to 21.63%.

In 2018 and 2019, Nichapa said TCEB will focus on creating a “MICE Ecosystem,” encouraging stakeholders in the industry to integrate their work for mutual benefit. Polices include supporting MICE for 4.0 industries, such as telecommunications, healthcare, and automotive sales and services; encouraging meetings in “MICE Cities” and high-potential cities such as those in the EEC; and strengthening MICE businesses.

Information and Source
Reporter : Benjamin Rujopakarn
Rewriter : Benjamin Rujopakarn
National News Bureau & Public Relations


Comments

Popular posts from this blog

Cabinet adjusts tax incentives to boost tourism, MICE in minor cities

 The Cabinet has approved changes to the tax measure aimed at boosting tourism and MICE, or meetings, incentives, conventions and exhibitions, in secondary provinces. After the Cabinet meeting, Mr Natporn Jatusripitak, Advisor to the Prime Minister’s Office Minister, revealed that adjustments have been made to the draft ministerial regulation concerning tax exemptions to promote tourism and MICE activities in secondary cities. For more inclusiveness, the Cabinet agreed to expand the coverage of the term “non-hotel establishments” to accommodations with no more than four rooms and a capacity of no more than 20 guests which serve travelers on a temporary basis and generate supplementary income for the operators. Moreover, the meeting gave a nod to the addition of more secondary tourism sites, as suggested by the Ministry of Tourism and Sports, to a list of places where visitors would be eligible for an income tax exemption on tour guide services. Visitors staying at non-hotel e...

PM Prayut concerned about rampant football betting during World Cup 2018

The Prime Minister has expressed concerns about rampant football betting among Thais since the start of World Cup 2018. Prime Minister Gen. Prayut Chan-o-cha said today that he wants Thai football fans to watch and enjoy football matches for entertainment, without letting it affect their health or efficiency at work or in the classroom. Most importantly, Gen. Prayut urged the public to refrain from football betting as such a vice can lead to debt and financial problems. The Prime Minister’s concerns are particularly directed at young Thais as many are still innocent and not aware of how something done for fun can lead to major problems in the future. He has instructed the Ministry of Education to promote an accurate understanding of the enjoyment of sports among students while engaging with parents to help keep their children away from gambling. Gen. Prayut added that the police have been monitoring all types of online betting, via websites and mobile phone applications, and he...

More Bueng Kan farmers producing durian

Rubber farmers in Beung Khong Long district, Beung Kan province, have been able to supplement their incomes by growing durians. The rubber farmers have now begun picking durians from the trees as they begin to ripen. One durian plantation owner, Chaiyo Sisaeng, said his durian trees produced more durians this year. They will be harvested and ready for sale in the middle of this month. Chaiyo said the reason he started producing durian was because the weather in Bueng Kan was similar to the weather in the southern province of Nakhon Si Thammarat where he had previously rented a plot of land to grow durian trees. After returning to his hometown in Bueng Kan, he decided to grow some on his land where there are now 125 durian trees. Forty of them have produced durians this year. Chaiyo is expecting to make 20,000 baht in profit from selling the sought-after fruit. Around 100 farmers in Beung Khong Long district alone, now grow durian trees. It is expected that Beung Kan will be abl...