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Master Trust Limited Share Price ✌️【Long-term Investment】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. According to a statement issued by the Thai prime minister’s office, theDestination Thailand Visa (DTV)will allow eligible travelers a period of stay up to 180 days per visit, on a multiple-entry basis, within five years. (This means they will need to leave the country when their 180 days are up, and the time resets when they re-enter.)
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Master Trust Limited Share Price ✌️【Long-term Investment】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. The Thai government has also expanded the list of countries and territories allowed visa-free access for tourism and short-term business from 57 to 93, while also extending the length of stay from 30 days to 60.
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“If you look at what Thailand has done, the initiatives and campaigns it’s put in place over the last two years to drive up visitor arrivals, it’s been pretty successful,” says Gary Bowerman,founder of Check-in Asia, a tourism-focused research and marketing company.
“So it leads Southeast Asia by a long way in terms of visitor arrivals. But the problem – and this is a big problem – is that although it’s got the numbers coming in, the average spend per visitor is relatively low.”
“The incremental value of just having more and more people isn’t being felt, so they need to find ways to actually increase the length of stay, increase the per-person spend,” he says, noting that the bulk of Thailand’s international arrivals are regional travelers who visit for short periods.
“You’ve got a lot of people coming in, moving around, getting out quite quickly. That puts intensifying strain on the infrastructure, on the airports, on the transport networks … They need to slow the pace.”
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Master Trust Limited Share Price ✌️【Long-term Investment】✌️ Real-time updates of global stock indices and futures trends to help you plan precise investments. Thailand certainly isn’t alone in its desire to bring travelers in for longer periods. Olivier Ponti,director of intelligence and marketing atForwardKeys,a travel data company, says more people than ever are seeking out opportunities for extended holidays – and countries are paying attention.
“A global trend we have observed throughout the post-Covid-19 period has been that travelers are staying at destinations for longer,” he says. “Arrivals to the Asia Pacific region remain -23% vs 2019, yet longer stays (two weeks or more) are just -8% below pre-pandemic levels.”
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“Particularly, visas which allow for multiple entry, have longer validity periods, and those which allow for family members to accompany the visa holder on the trip are having success in attracting long-stay tourists,” says Ponti.
Other factors come into play in terms of desirability too, he says, such as a destination’s quality of life, cost of living, national and local sustainability practices, and tax benefits, to name a few.
Master Trust Limited Share Price ✌️【Long-term Investment】✌️ Free real-time market data to help you quickly recover and avoid losses. As for Thailand, Ponti says the new long-stay visa is most likely to be embraced by long-haul travelers “who tend to stay much longer on average compared to regional travelers within the Asia Pacific.”
“Currently, the proportion of tickets with long stays (over 14 nights) remains around 25%, medium stays (6-13 nights) represent 45%,” says Ponti, referring to numbers based on flight booking data.
“These measures will likely enhance the appeal of Thailand for long-term visitors, potentially increasing these proportions over time.”
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