Bittersweet retail holiday in Thailand
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The Thai economy may not have fully recovered, but a survey shows locals still plan to celebrate Valentine’s Day on Saturday, the same as lovebirds scattered around the world.
This year Thais are likely to be more cautious with their spending, said Thanavath Phonvichai, vice-president for research at the University of the Thai Chamber of Commerce.
The centre surveyed 1,255 people nationwide recently and found they plan to spend an average of THB1,900 (USD58) a person on Valentine’s Day.
Questions & Answers
Q.What is the anticipated average spending per person for Valentine's Day in Thailand this year?
What is the anticipated average spending per person for Valentine's Day in Thailand this year?
People in Thailand are expected to spend an average of THB1,900 (USD58) per person for Valentine's Day. This figure is based on a recent nationwide survey conducted by the University of the Thai Chamber of Commerce.
Q.Which organisation conducted the survey on Valentine's Day spending in Thailand?
Which organisation conducted the survey on Valentine's Day spending in Thailand?
The survey was conducted by the University of the Thai Chamber of Commerce. Their research vice-president, Thanavath Phonvichai, provided insights into the cautious spending plans of Thais for the upcoming holiday.
Q.How many people were surveyed to gather data on Valentine's Day spending plans?
How many people were surveyed to gather data on Valentine's Day spending plans?
The survey gathered data from 1,255 individuals across Thailand. This nationwide sample provided the basis for the projected average spending figure for Valentine's Day celebrations.
Q.Despite the economy, how are Thais planning to approach Valentine's Day celebrations this year?
Despite the economy, how are Thais planning to approach Valentine's Day celebrations this year?
Despite the Thai economy not having fully recovered, locals still plan to celebrate Valentine's Day. However, they are expected to be more cautious with their spending than in previous years.
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