along with the easing of additional strict control measures Both the cancellation of Thailand Pass and travel insurance requirements for foreign tourists starting on July 1 including relaxing wearing masks by removing the mask in an open area where the air is comfortable
No temperature checks are required. except in risky places and epidemic areas including extending the opening hours for entertainment venues and checking ATK for suspected patients with respiratory symptoms only
Now the situation is all back to normal. People were able to live as they did when the epidemic had not yet come. You can see that the traffic is coming back to be dense. especially in large cities like in Bangkok since the semester The car came back to normal.
while another main journey of Bangkok people “sky train” both on the ground and underground Today, especially during rush hour. before going to school, going to work, and after work full of passengers
reflected fromPassenger numbers of BTS Group Holdings Public Company Limited (BTS) continued to increase, most recently at 10.4 million trips, an increase of 148.4% from 4.2 in May last year. million trips and an increase of 30% from 8 million passenger trips in April
part of the subwayBangkok Expressway and Metro Public Company Limited (BEM) is becoming more bustling as well. The average number of passengers in May 2022 was 2.3 hundred thousand trips per day, an increase of 155.5% from the same period last year at 90 thousand trips per day and an increase of 28.49% from the previous month, which had an average of 1.79 hundred thousand passengers per day.
Passenger trends of BTS and BEM will continue to recover throughout this year. Especially in the second half of the year after the BOE prepares to announce COVID-19 endemic By that time, the situation would return to normal even more. and if there is no new outbreak 2023 passenger numbers are expected to return to close to 2019 before the outbreak of the epidemic.
byTISCO Securities said that the number of passengers in the system in May continued to grow as a result of opening the country opening of the semester together with various departments reduce work from home return to work The latest data from BTSGIF reveals that the number of passengers on a working day in early June averaged 4.3-46 hundred thousand trips per day, an increase of 10 percent from 3.9 hundred thousand trips per day in May.
as well as the way BEM revealed that the number of vehicles using the expressway in early June was 1.1 million vehicles per day. close to the year 2019 with an average of 1.1-1.2 million cars per day while passenger trains on a working day are at 3.1 hundred thousand trips per day Compared to the month of June 2022 at 3.69 hundred thousand people per day.
The research department expects that the number of passengers will continue to recover. This year’s passenger numbers of BTSGIF are assumed to be 4.58 thousand trips per day, an increase of 126% from the previous year, which at the beginning of the year averaged 300,000 trips per day, an increase of 48% from the same period last year.
As for BEM, it assumes the number of passengers this year is 2.78 thousand trips per day, an increase of 90% from the previous year, with an average of 1.95 thousand trips per day since the beginning of the year, an increase of 33% from the same period last year. While the number of expressways used this year is estimated at 1.1 million cars per day, an increase of 29% from the previous year, with an average of 9.78 thousand cars per day since the beginning of the year, an increase of 15% from the same period last year.
by still giving weight to the investment in the land transport group “More than the market” or Overweight recommends “buy” BEM with reasonable price 9.80 baht, BTSGIF fund is 5.70 baht, BTS is 10.80 baht, and TFFIF fund is 10 baht, according to the trend of passenger recovery after the impact of Covid-19 has passed.
