Published on : Thursday, August 22, 2019
A strong Thai baht and a decline in arrivals from China are affecting Thailand’s moneymaking tourism machine although the country hopes to welcome a record 40 million visitors by the end of this year.
A majority of travelers to Thailand are from China and other countries in the region, but millions of them are also from Europe and the US.
“It absolutely has an effect, when compared to other Asian country currencies they would rather go to Vietnam, Malaysia, Singapore or Indonesia,” said Wichit Prakobgosol, president of the Association of Thai Travel Agents.
Before the baht increased in value, Chinese visits were already going down after a boating disaster in Phuket last year killed dozens of mainland tourists.
Visits from China declined almost five per cent in the first six months of this year compared to the same period in 2018. However, there are chances of increase in visitors too.