SOURCE: Globalysis Ltd.

February 26, 2007 08:30 ET

Globalysis Issues 2007 Tourism Sector Outlook for Thailand

BANGKOK, THAILAND -- (MARKET WIRE) -- February 26, 2007 -- Globalysis Ltd., a leading boutique tourism sector consultancy, has issued its 2007 tourism sector outlook for Thailand. The research report provides a macro-perspective of the dynamics of Thailand's tourism sector and indicates that Thailand's tourism sector should experience positive momentum in calendar year 2007.

Globalysis defines the tourism sector universe as encompassing the hotel lodging, entertainment, airline and casino gaming (where applicable) industries in addition to the indirect industries supported by tourism such as real estate. Several countries in Asia have identified tourism sector growth as a primary pillar of economic growth over the next decade.

Mr. Jonathan Galaviz, Partner at Globalysis Ltd., stated, "Thailand's tourism sector continues to perform very well even in challenging political and economic environments. The combination of natural beauty and exciting cosmopolitan entertainment makes Thailand a continuing favorite of Asia's tourists. At the same time, we are downgrading the likelihood of casino gaming legalization in Thailand in the near future."

Some of the cited positive factors for Thailand's tourism sector are: the warm hospitality of its people; the natural beauty of the country; and a sound strategic approach to the sector by the government.

Some of the potential risks cited in the report for Thailand's tourism economy are: continuing violent terrorism activity in the country's south; perceived political instability; and continuing questions revolving around the future viability of Bangkok's new Suvarnabhumi Airport.

Globalysis estimates that Thailand will experience approximately 8% year-over-year growth in international visitor arrivals to reach an approximate figure of 14.9 million visitors in calendar year 2007. Thailand experienced international visitor arrivals of approximately 13.8 million in calendar year 2006 according to the Tourism Authority of Thailand.

The 19-page report is available for purchase at a cost of USD$2,000 per copy.

About Globalysis

Globalysis Ltd. is a Las Vegas, Nevada (USA) based boutique management consultancy that focuses on the entertainment, airline, hotel lodging and casino gaming industries in international markets. The firm actively consults to the senior executive teams of several Fortune 500 companies operating within the tourism sector.

Note to Editors: A free copy of the report will be made to members of the press upon request via e-mail to

© 2007 Globalysis Ltd., All Rights Reserved