Thailand is experiencing fallouts in tourism and those sectors involved in tourism are suffering falling visitors. Hotels are running empty, entertainment outlets are not attracting enough visitors and those that depend on foreign tourists are facing problems earning a living. Even Thailand's well renowned honey trapping of money loaded foreign retirees rushing to set up second homes in Thailand to be skinned have peltered out. Many are leaving rather than coming in. I think they have wised up learning from those who fled with just their pants on.
Sad to say, even Bali, the visitor's paradise before COVID, is now a pale shadow of its glory days, the must visit destination for the well-heeled rich spenders. Today, Bali attracts the wrong kind of visitors looking for a budget holiday without the usual spending ability.
As they always say, all good things must come to an end and what goes up will eventually come down.
Anonymous
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