Revenue from tourism, which used to account for 11% of GDP in 2019, when it reached US$59.8bn, dropped to a dismal US$5bn or 1% of GDP in 2021. In the first half of 2022 travel receipts were roughly on a par with the level seen in the full year of 2021. As arrivals picked up further in the third quarter of 2022, the recovery of travel receipts ...
Tourism industry in Thailand
Domestic tourism The capital city of Thailand, Bangkok, is the main destination for a lot of travelers. From January to June 2022, Bangkok generated the highest revenue from tourists, amounting to ...
Thailand welcomes over 7 million foreign tourists from 1 January to 26
Bangkok, 28 October, 2022 - Thailand welcomed over 7 million tourists between 1 January and 26 October, 2022, with the full year target for 2022 being between seven and 10 million visitor arrivals.. Mr. Yuthasak Supasorn, Governor of the Tourism Authority of Thailand (TAT), said "With the difficult times of recent now behind us, Thailand is seeing its efforts across the board - from ...
TAT Introduces 'Visit Thailand Year 2022' at WTM 2021
For 2022, TAT expects Thailand's tourism to generate 1.58 trillion Baht, which includes 818 billion Baht from international tourists and 771 billion Baht from domestic tourists. ... The forecast is based on the base scenario, and can result in different outcomes depending on the COVID-19 pandemic and global and local economic situation. TAT ...
Thailand beats 2022 tourism target with 11.15 mln foreign arrivals
Thailand received 11.15 million foreign visitors in 2022, a surge from just about 428,000 the previous year when broad pandemic-related travel curbs were in place, tourism ministry data showed on ...
PDF Asia Pacific Research Destination Forecasts 2022-2024: Thailand
SECTION 2: DESTINATION FORECASTS THAILAND 2.1 INBOUND TOURISM TRENDS AND FORECASTS 2.1.1 KEY HIGHLIGHTS AND SUMMARY 2.1.2 IVA PROJECTIONS BY SCENARIO ... ASIA PACIFIC DESTINATION FORECASTS 2022-2024: THAILAND 8 FOREWORD The forecast data in this report spans across 39 destinations in three regions (Americas, Asia and the Pacific) and is based ...
PDF 20220914 Thailand Tourism
Thailand Tourism Teerapol Udomvej, CFA 3 FINANSIA 14 SEPTEMBER 2022 Expect tourist arrivals to reach 34m in 2023 We estimate tourist arrivals to jump from 10m in 2022 to 34m in 2023. Our key assumptions are: 1) Chinese tourists to recover to 60% of the pre-Covid level. We expect China to reopen its borders around the next Chinese New Year in ...
Latest PATA Visitor Forecasts 2022-2024: While There is Some
BANGKOK, January 25, 2022 -- The Pacific Asia Travel Association (PATA) has been collating, assessing and sharing international visitor arrival (IVA) forecasts annually for the past two decades. With the onset of COVID-19 and the ever-changing landscape of the pandemic, these forecasts, published in conjunction with Hong Kong Polytechnic University, have been increased in frequency to be ...
Thailand's economy is expected to grow by 3% to 3.5% this year and 3% to 4% next year, helped by increased exports and a pickup in the vital tourism
Thailand Eyes $11 Billion From Tourist Rush in Second Half
Updated on. August 29, 2022 at 10:05 PM PDT. Listen. 2:29. This article is for subscribers only. Thailand expects to net about 400 billion baht ($11 billion) from a surge in foreign tourist ...
Thailand expects 9.3 million tourists in 2022
According to the ministry's forecast, roughly 2.7 million tourists will visit Thailand between July and September, with another 4.5 million visiting between October and December. ... Thailand expects 9.3 million tourists in 2022. by NNT and Headline Editor. July 3, 2022. in Tourism. ... the Ministry of Tourism and Sports has reported a total ...
Thailand economy grows at fastest pace in year on tourism rebound
The government slightly revised its 2022 economic growth forecast to 2.7-3.2 percent from an earlier 2.5-3.5 percent growth range, citing a rebound in the crucial tourism sector, increased ...
Thailand Open for Business as Tourism Sector Continues Rebound
November 11, 2022 8:33 AM. By Tommy Walker. MBK Mall in Bangkok has since seen the return of international customers after Thailand reopened its borders for tourism this year, Bangkok, Thailand ...
Thailand Tourism Market Opportunities & Forecast: 2024 to 2034
Demand for tourism in Thailand is valued at US$ 61,323.00 million in 2024. As affordable travel costs make Thailand a budget-friendly destination, the industry holds the potential to exceed US$ 84,027.30 million by 2034. With high investment in tourism infrastructure, the industry is set to record a CAGR of 3.2% over the forecast period.
"Amazing Thailand Countdown 2023" concludes 2022 with 1.5 trillion Baht
Bangkok, 27 December, 2022 - The Tourism Authority of Thailand (TAT) is hosting "Amazing Thailand Countdown 2023" New Year celebrations in Bangkok and Songkhla and providing support for other events throughout the kingdom to conclude 2022 with 1.5 trillion in total tourism revenue as targeted.. Mr. Yuthasak Supasorn, TAT Governor, said "Thailand's total visitor arrivals for 2022 is ...
TAT launches new tourism campaigns, forecasts 10 million arrivals in 2022
The Tourism Authority of Thailand (TAT) has announced campaigns to help revitalise Thailand's tourism sector and economy. TAT Governor Yuthasak Supasorn has announced the opening of the "Visit Thailand Year 2022: Amazing New Chapters" campaign, signalling the start of the TAT's drive to revive the tourism industry.
Thailand expects $64.5 billion in 2023 tourism revenue
BANGKOK, Sept 19 (Reuters) - Thailand expects to earn 2.38 trillion baht ($64.50 billion) in tourism revenue in 2023, a government official said on Monday. The government wants tourism next year ...
Thailand tourism sector likely to rebound from 2022 amid higher tourist
Published Wed, Jun 8, 2022 · 12:30 PM. Airports of Thailand. THE Thai tourism sector will likely rebound as tourist arrivals accelerate amid relaxed entry rules and easing Covid-19 cases, analysts said. Maybank analyst Yuwanee Prommaporn upgraded its call on the sector to "positive" from "neutral", as she expects the trend of rising ...
Thailand Tourist Arrivals
Tourist Arrivals in Thailand averaged 1479949.92 from 1997 until 2024, reaching an all time high of 3930800.00 in December of 2019 and a record low of 0.00 in April of 2020. source: Ministry of Tourism & Sports, Thailand. Tourism accounts for around 10 percent of Thailand's GDP. Compare Tourist Arrivals by Country.
PDF Thailand Tourism & Leisure
21 DECEMBER 2022 EQUITIES RESEARCH Thailand Tourism & Leisure TAT expects tourist arrivals of 11.5m in 2022, beating its target of 10.0m, and targets ... China reopening its borders would be an upside to TAT's forecast. Expect tourism revenue to recover to 80% of pre-Covid level in 2023 Although our tourist arrival assumption of 34m (85% of ...
EIC revised up Thailand's 2022
EIC revised up Thailand's 2022. EIC revised up the Thai economic growth forecast from 2.7% to 2.9% in 2022, as Thailand's reopening ushers a rebound in the tourism and service industry, whilst the agricultural sector should find impetus from rising global food prices--thus fostering domestic demand. Still, inflation surges to a 24-year high and ...
Travel & Tourism
The Travel & Tourism market in in Thailand is projected to grow by 3.85% (2024-2028) resulting in a market volume of US$4,183.00m in 2028.
PDF Country spotlight: Thailand
Country spotlight: Thailand. 1. 2. Moderate growth driven by economic pick-up. Growth is expected to pick up due to increases in private consumption and the gradual return of international tourism. Exports are contracting slower than expected, with the government projecting a slight rise by the end of 2023. Overall, Thailand's growth will be ...
'Amazing Thailand New Chapters' showcased at TTM+ 2022 product update
Phuket, 9 June, 2022 - The Tourism Authority of Thailand (TAT) gave an update on Thailand's tourism situation, its relaxed entry requirements, its visitor arrivals targets, its new marketing direction, and more, to delegates at the Thailand Travel Mart Plus (TTM+) 2022 which is taking place this week, from 8-10 June, in Phuket.. Mr. Siripakorn Cheawsamoot, TAT Deputy Governor for Marketing ...
Thai business group cuts 2024 GDP growth forecast to 2.2%-2.7%
Thailand's economy is expected to grow 2.2% to 2.7% this year, down from a previous forecast of 2.8% to 3.3% due to a slow export recovery, a leading joint business group said on Wednesday.
Miss USA Controversy: a Timeline of All the Pageant Drama
When R'Bonney Gabriel won Miss USA 2022 and the contestants didn't rush over to hug and congratulate her onstage, many pageant fans wondered if something was amiss. A day later, the rigging ...
Department Press Briefing
MR MILLER: You're asking me to forecast what we might do — QUESTION: No, no. MR MILLER: — or - hold on - what we might consider if and when they make that decision, which they haven't made. I'm never willing to do that. QUESTION: No, I'm not asking you - I'm just - I'm only asking whether you're going rule it out.
COMMENTS
Revenue from tourism, which used to account for 11% of GDP in 2019, when it reached US$59.8bn, dropped to a dismal US$5bn or 1% of GDP in 2021. In the first half of 2022 travel receipts were roughly on a par with the level seen in the full year of 2021. As arrivals picked up further in the third quarter of 2022, the recovery of travel receipts ...
Domestic tourism The capital city of Thailand, Bangkok, is the main destination for a lot of travelers. From January to June 2022, Bangkok generated the highest revenue from tourists, amounting to ...
Bangkok, 28 October, 2022 - Thailand welcomed over 7 million tourists between 1 January and 26 October, 2022, with the full year target for 2022 being between seven and 10 million visitor arrivals.. Mr. Yuthasak Supasorn, Governor of the Tourism Authority of Thailand (TAT), said "With the difficult times of recent now behind us, Thailand is seeing its efforts across the board - from ...
For 2022, TAT expects Thailand's tourism to generate 1.58 trillion Baht, which includes 818 billion Baht from international tourists and 771 billion Baht from domestic tourists. ... The forecast is based on the base scenario, and can result in different outcomes depending on the COVID-19 pandemic and global and local economic situation. TAT ...
Thailand received 11.15 million foreign visitors in 2022, a surge from just about 428,000 the previous year when broad pandemic-related travel curbs were in place, tourism ministry data showed on ...
SECTION 2: DESTINATION FORECASTS THAILAND 2.1 INBOUND TOURISM TRENDS AND FORECASTS 2.1.1 KEY HIGHLIGHTS AND SUMMARY 2.1.2 IVA PROJECTIONS BY SCENARIO ... ASIA PACIFIC DESTINATION FORECASTS 2022-2024: THAILAND 8 FOREWORD The forecast data in this report spans across 39 destinations in three regions (Americas, Asia and the Pacific) and is based ...
Thailand Tourism Teerapol Udomvej, CFA 3 FINANSIA 14 SEPTEMBER 2022 Expect tourist arrivals to reach 34m in 2023 We estimate tourist arrivals to jump from 10m in 2022 to 34m in 2023. Our key assumptions are: 1) Chinese tourists to recover to 60% of the pre-Covid level. We expect China to reopen its borders around the next Chinese New Year in ...
BANGKOK, January 25, 2022 -- The Pacific Asia Travel Association (PATA) has been collating, assessing and sharing international visitor arrival (IVA) forecasts annually for the past two decades. With the onset of COVID-19 and the ever-changing landscape of the pandemic, these forecasts, published in conjunction with Hong Kong Polytechnic University, have been increased in frequency to be ...
Thailand's economy is expected to grow by 3% to 3.5% this year and 3% to 4% next year, helped by increased exports and a pickup in the vital tourism
Updated on. August 29, 2022 at 10:05 PM PDT. Listen. 2:29. This article is for subscribers only. Thailand expects to net about 400 billion baht ($11 billion) from a surge in foreign tourist ...
According to the ministry's forecast, roughly 2.7 million tourists will visit Thailand between July and September, with another 4.5 million visiting between October and December. ... Thailand expects 9.3 million tourists in 2022. by NNT and Headline Editor. July 3, 2022. in Tourism. ... the Ministry of Tourism and Sports has reported a total ...
The government slightly revised its 2022 economic growth forecast to 2.7-3.2 percent from an earlier 2.5-3.5 percent growth range, citing a rebound in the crucial tourism sector, increased ...
November 11, 2022 8:33 AM. By Tommy Walker. MBK Mall in Bangkok has since seen the return of international customers after Thailand reopened its borders for tourism this year, Bangkok, Thailand ...
Demand for tourism in Thailand is valued at US$ 61,323.00 million in 2024. As affordable travel costs make Thailand a budget-friendly destination, the industry holds the potential to exceed US$ 84,027.30 million by 2034. With high investment in tourism infrastructure, the industry is set to record a CAGR of 3.2% over the forecast period.
Bangkok, 27 December, 2022 - The Tourism Authority of Thailand (TAT) is hosting "Amazing Thailand Countdown 2023" New Year celebrations in Bangkok and Songkhla and providing support for other events throughout the kingdom to conclude 2022 with 1.5 trillion in total tourism revenue as targeted.. Mr. Yuthasak Supasorn, TAT Governor, said "Thailand's total visitor arrivals for 2022 is ...
The Tourism Authority of Thailand (TAT) has announced campaigns to help revitalise Thailand's tourism sector and economy. TAT Governor Yuthasak Supasorn has announced the opening of the "Visit Thailand Year 2022: Amazing New Chapters" campaign, signalling the start of the TAT's drive to revive the tourism industry.
BANGKOK, Sept 19 (Reuters) - Thailand expects to earn 2.38 trillion baht ($64.50 billion) in tourism revenue in 2023, a government official said on Monday. The government wants tourism next year ...
Published Wed, Jun 8, 2022 · 12:30 PM. Airports of Thailand. THE Thai tourism sector will likely rebound as tourist arrivals accelerate amid relaxed entry rules and easing Covid-19 cases, analysts said. Maybank analyst Yuwanee Prommaporn upgraded its call on the sector to "positive" from "neutral", as she expects the trend of rising ...
Tourist Arrivals in Thailand averaged 1479949.92 from 1997 until 2024, reaching an all time high of 3930800.00 in December of 2019 and a record low of 0.00 in April of 2020. source: Ministry of Tourism & Sports, Thailand. Tourism accounts for around 10 percent of Thailand's GDP. Compare Tourist Arrivals by Country.
21 DECEMBER 2022 EQUITIES RESEARCH Thailand Tourism & Leisure TAT expects tourist arrivals of 11.5m in 2022, beating its target of 10.0m, and targets ... China reopening its borders would be an upside to TAT's forecast. Expect tourism revenue to recover to 80% of pre-Covid level in 2023 Although our tourist arrival assumption of 34m (85% of ...
EIC revised up Thailand's 2022. EIC revised up the Thai economic growth forecast from 2.7% to 2.9% in 2022, as Thailand's reopening ushers a rebound in the tourism and service industry, whilst the agricultural sector should find impetus from rising global food prices--thus fostering domestic demand. Still, inflation surges to a 24-year high and ...
The Travel & Tourism market in in Thailand is projected to grow by 3.85% (2024-2028) resulting in a market volume of US$4,183.00m in 2028.
Country spotlight: Thailand. 1. 2. Moderate growth driven by economic pick-up. Growth is expected to pick up due to increases in private consumption and the gradual return of international tourism. Exports are contracting slower than expected, with the government projecting a slight rise by the end of 2023. Overall, Thailand's growth will be ...
Phuket, 9 June, 2022 - The Tourism Authority of Thailand (TAT) gave an update on Thailand's tourism situation, its relaxed entry requirements, its visitor arrivals targets, its new marketing direction, and more, to delegates at the Thailand Travel Mart Plus (TTM+) 2022 which is taking place this week, from 8-10 June, in Phuket.. Mr. Siripakorn Cheawsamoot, TAT Deputy Governor for Marketing ...
Thailand's economy is expected to grow 2.2% to 2.7% this year, down from a previous forecast of 2.8% to 3.3% due to a slow export recovery, a leading joint business group said on Wednesday.
When R'Bonney Gabriel won Miss USA 2022 and the contestants didn't rush over to hug and congratulate her onstage, many pageant fans wondered if something was amiss. A day later, the rigging ...
MR MILLER: You're asking me to forecast what we might do — QUESTION: No, no. MR MILLER: — or - hold on - what we might consider if and when they make that decision, which they haven't made. I'm never willing to do that. QUESTION: No, I'm not asking you - I'm just - I'm only asking whether you're going rule it out.