Tourism

Thailand has welcomed one million Chinese tourists in the first four and a half months of 2023, according to a government official. This is a sign of recovery for the tourism sector, which was hit hard by the COVID-19 pandemic.

In 2019, before the pandemic, Thailand received 11 million Chinese tourists, who accounted for 28% of the total foreign arrivals. In 2022, only 274,000 Chinese tourists visited Thailand, due to travel restrictions and quarantine measures.

The government spokesperson Anucha Burapachaisri said that the number of Chinese visitors is expected to reach five million by the end of the year, with a total spending of 446 billion baht ($13.18 billion). He added that this would boost the economy and create jobs for Thais.

Read the rest of Thailand has welcomed one million Chinese tourists since January on Thailand Business News

Retail, banking and tourism sectors are expected to benefit from the policies of the new coalition government in Thailand, which is led by the Move Forward Party.

The party won the most seats in the general election held on May 14, 2023, ending nine years of pro-military rule.

The retail sector is likely to benefit from the proposed cash handouts, lower electricity and fuel costs, and increase in minimum wages that will increase the purchasing power of the Thai people. Some of the leading retailers in Thailand include Central Group, The Mall Group, Robinson Department Store and Big C Supercenter.

The banking sector is also expected to see an improvement in loan demand and asset quality, as the new government will likely ease some of the restrictions imposed by the previous military regime. The banking sector has been struggling with high levels of non-performing loans and low profitability due to the sluggish economy and political uncertainty. Some of the …

This article was originally published on Thailand Beats 2022 Tourism Target With 11.15 million Foreign Arrivals

The figure was higher than expected and represents a significant improvement for Thailand's crucial tourism sector, which had been severely hampered by the pandemic's rigorous entrance and quarantine regulations.

This article was originally published here: Thailand Beats 2022 Tourism Target With 11.15 million Foreign Arrivals

Read the rest of Thailand Beats 2022 Tourism Target With 11.15 million Foreign Arrivals on Thailand Business News

This article was originally published on Thailand’s tourism sector struggling with staff shortage

Even though employee revenue from hotel service charges has nearly reached pre-pandemic levels as Chinese tourists begin to visit Thailand again, workers are still hesitant to return to the hospitality sector.

This article was originally published here: Thailand’s tourism sector struggling with staff shortage

Read the rest of Thailand’s tourism sector struggling with staff shortage on Thailand Business News

This article was originally published on Thailand Expects Chinese New Year Travel Boost

The activities of tour companies have resumed as they get ready for the arrival of Chinese tourists in tour groups late in January during the Chinese New Year break.

This article was originally published here: Thailand Expects Chinese New Year Travel Boost

Read the rest of Thailand Expects Chinese New Year Travel Boost on Thailand Business News

This article was originally published on Thailand prepares for influx of Chinese tourists

With the restrictions to be lifted on 8 January, visitors from China will start arriving in large numbers from 15 January.

This article was originally published here: Thailand prepares for influx of Chinese tourists

Read the rest of Thailand prepares for influx of Chinese tourists on Thailand Business News

On December 10, welcome ceremonies will be held at seven airports and two border crossing locations to express gratitude and appreciation to all travelers for choosing Thailand as their vacation destination Read the rest of Thai Prime minister to welcome 10 millionth foreign visitor on Thailand Business News

Heading into the traditional high season of October to March, Thailand's full year target for 2022 is 7-10 million visitor arrivals.

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As Thailand prepares to welcome tourists back in droves and without any restrictions, the free visa exemption has been extended from 30 to 45 days, which allows (after a 30-day extension) to carry out a stay in Thailand 75 days without a visa. Read the rest of Thailand fully reopens with free visa waiver extended to 45 days on Thailand Business News