Tourism
Thailand Top Nation for Chinese tourists as South Korea draws fewer
The mainland sent 7.9 million people to Thailand in 2015, an annual increase of 70 percent to become the top country destination ahead of Korea
Thailand and Japan are attracting more Chinese tourists as South Korea draws fewer.
The mainland sent 7.9 million people to Thailand in 2015, an annual increase of 70 percent to become the top country destination ahead of Korea, which had 2 percent fewer arrivals, and Japan, where visitors more than doubled to 5 million.
That one-two-three ranking continued during last month’s Chinese Spring Festival, according to preliminary data reported by the People’s Daily newspaper.
Thailand managed to attract just under 30 million international visitors in 2015, according to final figures released by the Tourism Department.
These 29,881,091 foreign arrivals represented an increase of 20.4% over the 24.81 million who visited in 2014, statistics posted on the department’s website showed.
The Thailand tourism industry has been defiantly strong despite challenges such as the Bangkok bombing at a busy central intersection last August which killed 20 and injured more than 120 people, reported Reuters.
Source: Thailand Passes Korea as Top Nation for Mainland Visitors: Chart – Bloomberg Business
Tourism
Thailand expects at least 40 million travelers in 2020
The Tourism Council of Thailand expects at least 40 million travelers in 2020, a 6% increase compared to 39.7 million foreign visitors last year
The Tourism Council of Thailand expects at least 40 million travelers will visit Thailand this year, generating some 2.05 trillion baht in revenue, thanks to the government’s tourism promotion measures.
(more…)Tourism
Thai bank forecasts 23 million Chinese tourists in Thailand by 2030
Chinese tourism to Thailand could increase more than twofold during the next 10 years according to Krung Thai Bank Research Center.
Krung Thai Bank Research Center predicted that in the next 10 years, Chinese tourists will increase by 6.9% per year on average, reflecting the increase of purchasing power of the Chinese middle class.
(more…)Tourism
Thai Beaches Pricier Than European Resorts
A Thai holiday pricing has increased by about 30 percent in U.S. dollar terms and 40 percent euros over the last five years due to the appreciation of the baht and inflation
Thailand among top five countries for salary hikes
Thailand is among the top five economies in the world to see real salary increases and is likely to see...
Thailand Ecommerce Market: Shooting For Success
At present, the Thai ecommerce market is valued at USD 3.5 billion. According to a Google Temasek study, Thailand’s e-commerce...
Aspire Set to Become First SME Neobank in Southeast Asia with US$32.5 Million Raise
The recent financing has been led by Mass-Mutual Ventures Southeast Asia with participation from Silicon Valley’s Arc Labs and existing...
Thai Exports fell for fifth straight month, down 2.65% in 2019
Thai SMEs and startup companies to raise funds via capital markets
Bank cuts Thai 2020 GDP growth outlook to 2.7%
Productivity is Key to Thailand’s Growth and Prosperity, says World Bank
Thailand plans One trillion baht state budget to stimulate economy
Asia Pacific to outperform other regions in 2020 for real estate investment
EssilorLuxottica reports €190M fraud in Thailand
Bank of Thailand projects 2.8% economic growth for 2020
Thailand must start six EEC infrastructure projects this year
Thai economy’s Deceleration confirmed in November (Bot)
Thai Exports fell for fifth straight month, down 2.65% in 2019
Moody’s Sets APAC Sovereigns Outlook to Negative for 2020
Thailand must start six EEC infrastructure projects this year
33% of Thais have less than 500 baht on their bank account
