Connect with us

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.

Avatar

Published

on

Chinese tourists in Pattaya

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

Advertisement
Comments

Tourism

Thailand faces zero tourists, zero revenue situation

Thailand has effectively closed its doors to non-resident foreigners under a state of emergency that came into force on Thursday (March 26), bringing down tourist entries close to nil.

Boris Sullivan

Published

on

Data released by the Bank of Thailand shows that tourism is now down from 100 000 to just 1,800 daily entries.

(more…)

Continue Reading

Tourism

Emirates suspends all passenger operations

Emirates retains cargo operations, but temporarily suspends passenger operations by 25 March

Boris Sullivan

Published

on

  • Emirates retains cargo operations, but temporarily suspends passenger operations by 25 March
  • dnata significantly reduces operations, including temporary closure of operations at some international locations where demand is low
  • Group implements basic salary reduction for majority of employees for three months, will not cut jobs
  • Supports government measures to safeguard community health
(more…)

Continue Reading

Tourism

COVID-19 could cut 30 million jobs in the tourism industry in Asia

The coronavirus epidemic is putting up to 50 million jobs in the global travel and tourism sector at risk, with travel likely to slump by a quarter this year, Asia being the most affected continent

Avatar

Published

on

  • The World Travel and Tourism Council has warned the COVID-19 pandemic could cut 50 million jobs worldwide in the travel and tourism industry.
  • Asia is expected to be the worst affected.
  • Once the outbreak is over, it could take up to 10 months for the industry to recover.
  • The tourism industry currently accounts for 10% of global GDP.
(more…)

Continue Reading

Must Read

Press Release

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 12,329 other subscribers

Upcoming Events

Mon 13
Fri 17

2nd International Conference on Nanomedicine and Nanotechnology

April 17 @ 9:00 am - April 18 @ 5:00 pm BMT
Jun 22

6th International Conference on Neuro-Oncology and Brain Tumor

June 22 @ 9:00 am - June 23 @ 6:00 pm BMT
Jul 20

40th Asia pacific nursing and medicare summit 2020

July 20 @ 9:00 am - July 21 @ 6:00 pm BMT
Aug 21

16th International Expo on Recycling and Waste Management

August 21 @ 8:00 am - August 22 @ 5:00 pm BMT

Trending