Published on January 29, 2025
By: Tuhin Sarkar

Thailand, Vietnam, Malaysia, South Korea, Japan, the Philippines, and Cambodia have long been key players in Asia’s tourism sector. In 2024, their respective performances highlighted shifting trends and ongoing recovery efforts in a region that thrives on global travel. While Thailand retained its dominant position with over 35 million arrivals, Vietnam and Malaysia showed remarkable growth, recording nearly 17.6 million and 22.5 million visitors respectively. South Korea and Japan continued to appeal to international travelers with their cultural heritage and modern attractions, while the Philippines and Cambodia focused on eco-tourism and historical landmarks, contributing to the dynamic landscape of Asia’s travel industry.
In 2024, Thailand recorded an impressive 35 million foreign arrivals, solidifying its reputation as a tourism powerhouse. This figure reflects the country’s robust recovery from the challenges posed by the COVID-19 pandemic and highlights the enduring appeal of its beaches, cultural landmarks, and vibrant urban hubs.
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Key contributors to Thailand’s success include its well-developed infrastructure, aggressive marketing campaigns targeting international markets, and a diverse range of attractions. Bangkok, Phuket, and Chiang Mai remained the most visited destinations, drawing millions of travelers seeking everything from bustling cityscapes to serene natural retreats.
Additionally, Thailand has benefited from streamlined visa policies and strategic partnerships with airlines to increase connectivity. The Chinese market played a significant role in the country’s recovery, with Chinese tourists accounting for a substantial portion of arrivals. Western markets, including Europe and North America, also contributed significantly, showcasing Thailand’s global appeal.
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| Country | Visa-Free Countries | Visa-Free Duration |
|---|
| Thailand | Japan, South Korea, Singapore, Malaysia, Vietnam, Philippines, Hong Kong, Laos, Cambodia | 14-90 days, depending on nationality |
| Vietnam | Japan, South Korea, Thailand, Singapore, Philippines, Malaysia, Indonesia | 15-30 days, depending on nationality |
| Malaysia | Thailand, Vietnam, Philippines, Singapore, Indonesia, Japan, South Korea | 14-90 days, depending on nationality |
| Japan | South Korea, Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines | 15-90 days, depending on nationality |
| South Korea | Japan, Singapore, Malaysia, Thailand, Philippines, Vietnam | 30-90 days, depending on nationality |
| Philippines | Thailand, Vietnam, Malaysia, Japan, South Korea, Singapore, Indonesia | 30 days, depending on nationality |
| Indonesia | Malaysia, Singapore, Thailand, Philippines, Vietnam, Japan, South Korea | 30 days for most ASEAN countries |
| Singapore | Malaysia, Thailand, Philippines, Japan, South Korea, Vietnam, Indonesia | 30-90 days, depending on nationality |
| Cambodia | Thailand, Vietnam, Laos, Philippines, Malaysia, Indonesia | 14-30 days, depending on nationality |
| Laos | Thailand, Vietnam, Cambodia, Philippines, Malaysia, Indonesia | 30 days for most ASEAN countries |
Vietnam welcomed nearly 17.6 million foreign visitors in 2024, marking a strong performance and reinforcing its position as a rising star in Southeast Asia’s tourism industry. The country has steadily gained international attention for its rich history, cultural diversity, and stunning landscapes.
Popular destinations such as Hanoi, Ho Chi Minh City, and Ha Long Bay continued to attract visitors. Meanwhile, newer hotspots like Phú Quốc Island and Da Nang experienced significant growth, reflecting the government’s efforts to diversify its tourism offerings.
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Vietnam’s success can be attributed to targeted promotional campaigns, competitive pricing, and investments in infrastructure. The country’s vibrant food culture and reputation for safety have further enhanced its appeal. Notably, Vietnam’s strong focus on sustainable tourism has garnered praise from environmental groups and eco-conscious travelers.
However, Vietnam’s tourism sector still faces challenges, including limited air connectivity with certain markets and the need for further investment in high-end accommodations. The government’s ongoing efforts to address these issues are expected to yield long-term benefits.Airline Country Hub Airport Fleet Size Year Established Thai Airways Thailand Suvarnabhumi Airport (BKK) 75 1960 Singapore Airlines Singapore Changi Airport (SIN) 150 1972 Cathay Pacific Hong Kong Hong Kong International Airport (HKG) 180 1946 All Nippon Airways (ANA) Japan Narita International Airport (NRT) 240 1952 Korean Air South Korea Incheon International Airport (ICN) 160 1969 China Southern Airlines China Guangzhou Baiyun International Airport 650 1988 Japan Airlines (JAL) Japan Haneda Airport (HND) 220 1951 Qatar Airways Qatar Hamad International Airport (DOH) 240 1993 Malaysia Airlines Malaysia Kuala Lumpur International Airport (KUL) 80 1947 Garuda Indonesia Indonesia Soekarno-Hatta International Airport (CGK) 140 1949

As of November 2024, Malaysia reported over 22.5 million foreign arrivals, placing it between Thailand and Vietnam in terms of tourism performance. Renowned for its multicultural heritage and diverse attractions, Malaysia continues to attract visitors seeking a blend of urban and natural experiences.
Kuala Lumpur, Penang, and Langkawi remained top destinations for international travelers. The country’s extensive eco-tourism offerings, including Taman Negara and the Borneo rainforest, have also played a crucial role in its success.
Malaysia’s tourism board launched several high-profile campaigns in 2024, emphasizing cultural festivals, culinary experiences, and adventure tourism. These initiatives, combined with favorable exchange rates, have made Malaysia an attractive destination for regional and international visitors.
Despite its strong performance, Malaysia faces competition from its neighbors in certain segments, such as luxury travel and long-haul markets. The government’s focus on digital marketing and partnerships with international stakeholders is expected to strengthen its position in the coming years.
While Thailand leads in sheer numbers, Vietnam and Malaysia demonstrate significant growth potential. Thailand’s established reputation and diverse offerings give it an edge, but Vietnam’s rapid development and Malaysia’s strategic campaigns highlight their capabilities to challenge the status quo.
In terms of economic impact, all three countries have benefited immensely from tourism. Thailand’s tourism revenue is estimated to surpass $50 billion in 2024, while Vietnam and Malaysia are projected to generate $32 billion and $37 billion, respectively. These figures underscore the sector’s critical role in their economies, supporting millions of jobs and driving infrastructure development.
Looking ahead, the competition among Thailand, Vietnam, and Malaysia is expected to intensify as Southeast Asia’s travel industry continues its recovery. Thailand aims to maintain its lead by focusing on high-spending tourists and enhancing its wellness and medical tourism sectors, supported by favorable visa policies and streamlined travel regulations. Vietnam, meanwhile, is capitalizing on its emphasis on sustainable tourism and infrastructure upgrades to attract eco-conscious travelers. The introduction of visa-free travel initiatives further strengthens Vietnam’s appeal within the region.
Malaysia’s diversification efforts and targeted campaigns are expected to enhance its competitiveness in Southeast Asia. The country’s focus on digital marketing, partnerships, and relaxed passport and visa policies positions it as a growing player in the tourism industry. These strategies are critical as Southeast Asia continues to evolve as a global travel hub.
The broader tourism industry in Asia also highlights the importance of adopting cohesive regional visa policies to boost inter connectivity. As tourism news continues to spotlight these countries, travelers can expect unique experiences, from Thailand’s tropical beaches to Vietnam’s cultural treasures and Malaysia’s rainforests and urban attractions. Such trends showcase Southeast Asia as a dynamic and leading force in the global tourism landscape.
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Tags: Asia travel industry, Cambodia, japan, malaysia, Philippines, south korea, Thailand, Tourism, Vietnam
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