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.

Growing from 160 million in 2019 to 334 million in 2030 worldwide due to increased purchasing power, Chinese visitors to Thailand should then reach 23 million by 2030 making Thailand the number one destination for tourists from China.

“The changing population structure will create around 33 million new Chinese tourists, with most Chinese tourists aged less than 35 years old, able to access information online and able to travel on their own. “

Dr. Phacharaphon Nantharamat, Senior Director of Krungthai COMPASS Research Center

Chinese tourism to Thailand could increase more than twofold in the next 10 years given that statistics over the last year show that around 11 million Chinese visited Thailand.

Source : Krung Thai Bank

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Thailand ranked third best country in the world by Condé Nast Readers

Distinctions for the kingdom in the Condé Nast Traveler Readers’ Choice Awards 2022 also include Bangkok at No. 4 on ‘Best Cities in the World’ list, and Chiva-Som at No. 1 on ‘The Best Destination Spas in the World’ list.

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.

China allows resumption of group travel to Thailand

In 2019, Thailand welcomed 11.5 million Chinese visitors out of a total of 39 million international arrivals, of which about 4.3 million were from group travel.