Before the pandemic, Chinese tourists, who formerly accounted for a quarter of a trillion dollars in yearly global travel spending, made up about a third of Thailand’s visitors.
Thailand cautiously heading to a four-phase reopening
The five provinces that are eligible for relaxed quarantine rules are Phuket, Krabi, Surat Thani ( Samui, Tao and Phangan islands) Chonburi (Pattaya) and Chiang Mai.
Expedia and Accor join UNESCO Sustainable Tourism Pledge
Expedia Group, a mega booking platform, and the global hotel company Accor are joining forces to extend their commitment to the UNESCO Sustainable Tourism Pledge.
The lowest in Southeast Asia is Indonesia at USD290,599, followed by Malaysia at USD321,614. Vietnam is competitive at USD353,906. Cambodia and Thailand are a close tie at around USD389,000.
IMF inches up Thailand’s GDP forecast from -7.7% to -7.1%
The International Monetary Fund’s (IMF) has revised up Thailand’s economic outlook to a 7.1 percent contraction, from a 7.7 percent decline, due to the government’s measures to support the business sector.