News this week: The Thailand Convention and
Exhibition Bureau (TCEB) reported good performance on the back of a 12%
growth for the MICE industry in the first three quarters this year (October
2012 – June 2013).
During the nine-month period, Thailand received a total of
747,072 foreign MICE travellers generating 64 billion Baht (US$2.0 billion) in
revenues. Thirty percent of all foreign MICE travellers attended international
conventions and generated revenues of 22 billion Baht (US$687 million). The
incentive segment contributed 26% of the travellers generating revenues of 13 billion Baht (US$389 million). While the corporate meetings segment generated 23%
of MICE travellers and 18 billion Baht (US$565 million) in revenues, the remaining
20% of MICE travellers participated in international exhibitions which generated
12 billion Baht (US$358 million) in revenues.
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