Travel Capitalist Ventures Expands Check Size to $10 Million to Deepen Emerging Market Conviction
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetailsThailand’s domestic tourism scene is facing stormy weather as concerns mount over rising consumer loans and mortgage defaults, industry insiders reveal. These financial headaches are casting doubts on whether short-term festival and event promos can still work their magic.
The latest report from the National Economic and Social Development Council waved a red flag, revealing a troubling uptick in personal loans and mortgage defaults on sub-3 million baht loans.
Stagnant household incomes are squeezing travel budgets, warns Udom Srimahachota, Vice-President of the Thai Hotels Association‘s western chapter. He notes that many Thai holidaymakers, especially those in the mass market, are…
