Thailand aiming to exceed luring 10 million foreign visitors this year

Tuesday, November 8, 2022

Thailand is aiming to exceed its aim of luring 10 million foreign visitors this year. Malaysians and Indians are leading the return of holidaymakers, while majority of Chinese travelers, topping the list before the pandemic, are staying at home due to the nation’s Covid-Zero strategy.

As of Oct. 30, tourist arrivals totaled 7.56 million, with at least 1.5 million visitors each month expected by the year end, said government spokesman Anucha Burapachaisri in a statement. Flight bookings from India and Malaysia to Thailand exhibited a load-factor of 85% and 68%, respectively during November and December.

More than 1 million Malaysians visited Thailand this year, becoming the single-largest group of travelers to Thailand, which is popular for its beaches, national parks and Buddhist temples. Approximately, 600,000 Indians visited Thailand during the first nine months of the year, compared to less than 1,000 a year before.

Southeast Asia’s second-largest economy is depending on tourism renewal to counterbalance the impact of the costs of high global energy and unstable financial markets sending its currency to a 16-year low and price rises to a 14-year high earlier this year.

Thailand dismissed all travel restrains in July with the dipping of local Covid cases and majority of businesses going back to normal operation, helping attract tourists who were typically missing in the previous two years.

In 2023, domestic travel is expected to generate 760 billion baht in revenue, as per the tourism authority.

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