Outbound travel is expected to slow during Chinese New Year as people spent their travel budget during the New Year holiday, with the market reviving in late March if airfares dip.
Chotechuang Soorangura, vice-president of the Thai Travel Agents Association (TTAA), said outbound travel should rebound in March and April, mostly driven by the long holiday during the Songkran festival and more aircraft seats becoming available in the market, which would consequently help reduce airfares.
