Amazing Thailand In India March 2010 Seminar

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  • 1. By Chattan Kunjara Na Ayudhya TAT New Delhi Office

2. Indias Potential

  • Per Capita Income rising by 5% per year
  • Per Capita Expenditure rising 10% per year
  • Look East policy by countries is Indian-friendly
  • India is the fastest wealth creator in the world. Now there are 1 million US$ millionaires in India. With this newfound wealth comes the burning desire to flaunt it.
  • India is a young country, with almost half of its population under the age of 20. About 22 million middle class teenagers live in Indias cities. They have a hunger for knowledge, wealth and to travel beyond India.

3.

  • Economy grew at an average of 8.5% yearly for past 3 years.
  • Now a trillion US$ economy and worlds 12 thlargest economy.
  • Likely to become one of the worlds top three economies in the next 20 years and worlds second largest consumer market in a few years.
  • Growing middle class of 300 million people.
  • And thats not all

4.

  • Population now over 1 billion people, may overtake China by 2030.
  • Second largest diaspora of any nation. NRIs (non-resident Indians) and persons of Indian origin making economic impact around the world.
  • Cheap, ambitious graduates that number more than the entire population of France.
  • Estimated80million Internet users in 2010.

5. Indias Up, Up and Away (GDP) (100 billion US$) 6. The Many Faces of India

  • Rich India
  • - US$10,000+/year/household head
  • - 1.2 million households
  • - Expanding by more than 20% per annum
  • - Travel abroad frequently
  • - Concentrated in big cities

7.

  • The Wanna-Be India
  • - US$4,000-10,000/year/household head
  • - 40+ million households
  • - Expanding by over 10% per annum
  • - Will number 65 million households by end of 2010
  • - Growing quickly in Tier 2 cities

8.

  • The Uphill Climb India
  • - US$1,500-4,000/year/household head
  • - 110+ million households
  • - Mass migration into cities

9.

  • Poor India
  • - Below US$1,500/year/household head
  • - 40+ million households

10. Indians Love to Travel

  • International departures from India grew from 3.7 million in 1997 to 9.8 million in 2007.
  • 50 million outbound trips by 2020, US$28 billion spending.
  • In 2007, Indians spent US$8.2 billion on foreign travel alone, up from US$1.3 billion in 1997.
  • On average, Indians spend US$1,789/person/trip.
  • Over 28 million passport holders.

11. More Money = More Travel (million trips) 12. Thailand is No. 2 in Asia for Indians, No. 3 in the world

  • Approximately 614,531 Indians visited Thailand in 2009, second only to the 725,536 Indians who visited Singapore. Thailand is No. 3 in the world after Singapore and U.S.A.
  • TAT targets 650,358 arrivals for 2010, a 5.83% increase.
  • For a tourist market with over 100,000 arrivals into Thailand in 2009, India registered the highest growth rate at +14.45%.

13. So what can Thailand do?

  • The Amazing Thailand, Amazing Value campaign is proactively promoted in India:
  • -Thai-ness
  • -Beaches
  • - Nature
  • - Heritage
  • -Health & Wellness
  • -Chic & Trendy
  • -Festivals

14. Positioning: Common Messages

  • Thailand is value for money.
  • Thailand is fun for the whole family.
  • Thailand means quality holidays.
  • Thailand is close.
  • Thailand is variety.
  • Thailand is like a nice in-law.

15. The Consumer Promise Thailand is a year-round holiday destination for the entire family that offers high quality products and services at great value for money. 16. Getting to Know the Indian Tourist

  • The most price conscious in the world.
  • - Will always look for savings.
  • - Have great perseverance in bargaining.
  • - Wont spend more than what he has.
  • Cash rich but time poor, especially middle class.
  • - Want improved quality in a short time.
  • - No room for errors.
  • Willing to splurge for personal enjoyment, i.e. shopping, entertainment, spas, sports, dining, etc.

17.

  • Among the fastest learners on the planet.
    • Always watching & observing.
    • Curious about other cultures.
    • Ready to adapt & adopt new things while traveling.
    • Seek out new experiences for boast factor.
  • Most are fluent in English.
  • Do lots of research before traveling.
  • Very late bookings. Wait for last-minute deals.

18.

  • Travelers in 25-44 years old range, up to 65 years old
  • 65% male/35% female
  • In India, from North & West 65%, South 25%, East 10%
  • Educated and from upper social status
  • Usually married (75%) with children in same household
  • Travels with family members (66%)
  • Traditional holiday period is April-June because schools closed

19.

  • But 2009 was a strange year..
  • - October-December had greatest number of tourists to Thailand, with December 2009 showing most increase of +96.63%.
  • - This sharp rise was due to confidence in the economy and major companies paying withholding bonuses until years end.
  • - Anomaly or trend? Is Thailand now a year-round destination?

20. Other Must-Know Facts

  • Hindus dont eat beef!No
  • About 40% of Indians are vegetarians!Yes
  • 13.4% of Indians (over 156 million people) are Muslims!
  • No
  • Late lunch (1.30 p.m.) & dinner, usually 9-10 p.m!
  • Make sure you have some Indian food on the menu!
  • Indians drink alcohol, but usually only at parties!
  • Many Indians like Thai food, but not all. Some may be allergic to Thai spices! For Indian food, they expect to be served by waiters.

21. More Fun Stuff

  • Indians prefer hotels with good accessibility to shopping, food and nightlife. Can be anything from luxury pool villas to more modest three-star accommodation.
  • Indian males are not heavy smokers.
  • Therell be endless requests for room service and assistance. Room temperature drinking water is a must.
  • Overall, Indians appreciate warm smiles, courtesy and a relaxed atmosphere everything theyre not getting at home!

22.

  • Indians have 3 main travel periods
    • School holidays (April 15-June 30)
    • Diwali (5 days around late Oct.-early Nov.)
    • Christmas & New Year (late Dec.-early Jan.)
  • Indians get visa on arrival at airport
  • -Visa fee exemption important
  • Like LCD TVs, electric kettle in room, Bollywood movies, & cricket

23. Why Travel?

  • - Business (40%) Including MICE!
  • Holiday (20%)
  • VFR (Visiting Friends & Relatives) (20%)- Strong growth
  • Others, like education (20%)
  • * Corporate travel good whole year.*Honeymoons peak Nov.-Dec. & Feb.-Mar.
  • *FIT fastest growing segment.
  • *Groups mainly first-timers and seniors.

24. More Into Niche Experiences

          • Sports tourism
          • Luxury travel
          • Weddings late Sep.-Dec.
          • Honeymoons & anniversaries
          • Cruises
          • Bollywood filming

25. What Kind of Thailand Holiday?

  • Shopping & food
  • Sightseeing/entertainment/nightlife
  • Exploring new country
  • De-stress

26.

  • What matters on holiday?
  • Nature & environment
  • Culture & Art
  • Safety
  • Hygiene

27. What influences decisions?

  • 1. Internet
  • - Vital initial opinion formed.
  • 2. Travel Agents
  • - Face-to-face consultation deciding factor.
  • 3. Print Media
  • 4. Recommendations by friends

28. What You Must Do

  • Work with travel agents in New Delhi and Mumbai (65% market share).
  • Make sales calls to India (Indians want to feel important). Come with other properties too.
  • Have an attractive website (remember 80 million users).
  • Join TAT road shows & travel shows.
  • Consider hiring a representative.
  • Invite travel agents and media to you.
  • Make friends with Thai travel agents.
  • Train your staff about this market & its consumers.

29. Requirements for Success

  • Indias continued economic growth
  • Thailands political stability and safety guaranteed for Indian tourists
  • Thailand remains attractively affordable for holidays
  • Increased flights to Thailand, preferably from Indian cities to regional tourist destinations

30.

  • Regular two-way travel between the two countries
  • *Overcoming old ideas and embracing new challenges

31.

  • Bollywood star Priety Zinta on a trip to Thailand after the Tsunami on December 26, 2004:
  • The voyage is an affirmation of life.

32.

  • Thank You
  • Danyavad