Thailand expects tourism revenue of 640 million USD during Lunar New Year holidays - News Summed Up

Thailand expects tourism revenue of 640 million USD during Lunar New Year holidays


Thailand expects to attract 588,900 foreign arrivals during the coming Lunar New Year celebration which starts this week. (Photo: Xinhua/VNA)Bangkok (VNA) – Thailand expects tourism spending during the Lunar New Year holidays will reach 21.3 billion baht (640 million USD), equal to 48% of that in 2019. Of the total, about 322,500 foreign visitors to the country will be from Northeast Asia and Southeast Asia, bringing it a revenue of 11 billion baht. Regarding the domestic tourism market, Yuthasak estimated that revenue could reach 81% compared to 2019, equivalent to 4.6 billion baht, a year-on-year increase of 139%. During the festive season, Thailand’s tourism industry expects to serve 1.38 million domestic tourists, accounting for 90% of the figure in 2019./.


Source: Viet Nam News January 19, 2023 20:10 UTC



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