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Tourism revenue in Q2 to top 560 billion Baht

The Tourism and Sports Minister expects revenue from foreign tourists in the second quarter of the year will expand by 10.8%, while revenue from domestic tourism is expected to expand by 6.5%.

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The Tourism and Sports Minister expects revenue from foreign tourists in the second quarter of the year will expand by 10.8%, while revenue from domestic tourism is expected to expand by 6.5%.

Tourism and Sports Minister Kobkarn Wattanavrangkul said tourism revenue in the second quarter of the year will top 560 billion baht, of which 355 billion baht was generated by approximately 7.46 million foreign tourists.

The growth is mainly attributed to the uptick in Chinese tourists coming to Thailand, despite the overall shrinking number of Chinese tourists worldwide.

In the second quarter of the year, the ministry expects 2.18 million Chinese tourists will visit Thailand, a 9.3% increase from the same period last year.

The number of tourists from Europe is expected to top 1.01 million people, a 7.5% increase from the same period last year, while ASEAN tourists will account for 2.18 million, a 6.7% increase from the same period.

Meanwhile, 36 million Thais are expected to travel in the country during the second quarter, a 4% increase year-on-year. Domestic tourism is expected to generate 205 billion baht in revenue, a 6.5% increase from the same period.

Tourism in the country’s seven major tourist cities will generate 133 billion baht in domestic tourism revenue, while the 12 must-see cities project is expected to generate 33 billion baht in the first half of this year.

In total, the country will generate 1.24 trillion baht in tourism revenue in the first half of the year, accounting for 51% of the annual target for 2016. This year, the ministry expects a total of 32 million foreign tourists.

Source: สำนักข่่าวแห่งชาติ : Tourism revenue in the second quarter of the year to top 560 billion Baht

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