DNA 0.00% 2.9¢ donaco international limited

Look past the crisis, page-12

  1. 4,427 Posts.
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    71% of chinese survey, say they want to visit thailand post covid. Give it a couple of months, Thai tourism will bounce back. As Chinese won't want to venture too far outside of Asia for the next few years. For there is strong anti-chinese sentiment around the world right now, also as Chinese income drop. They will want to choose cheaper closer tourist destinations.

    https://www.nationthailand.com/business/30386404

    In 2018, approximately 162 million outbound journeys of Chinese citizens were registered...Cambodia, Vietnam, Thailand will benefited greatly from Chinese tourism over the next couple of years.

    as for the Thai going to Poipet.

    lets say previously we have 100 thai players. with 50 choose to go oversea to gamble, and 50 choose Poipet.

    now the 50 that normally would choose to go oversea.. would tend now to want to stay closer to home..

    so yeah. we'll loose some players that can no longer afford to gamble due to economic downturn, but thanks to Poipet geographical distance to Thailand and the restricted air travel and higher air travel cost and health screening. We'll likely to pick up some more players that would have normally gone oversea to Macau, Australia, Las Vegas, Singapore these players would not consider Poipet in normal time.. But these high rollers, now come to Poipet instead... because Australia, US, Singapore likely to enforce much higher quarantine standard and health screening.. Also, who will want to get on a plane now ?? air travel won't pick up until maybe 18 months time, after vaccine is available..


 
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