International Business News – A deputy spokesman for the Thai government said a few days ago that as of June 26, a total of 2.03 million foreign tourists will arrive in 2022. Thailand’s finance ministry expects Thailand’s economy to grow by 2.5% to 3.5% in 2022, led by tourism and exports.
In June 2022, a travel website named Bangkok, the capital of Thailand, as one of the top 10 best tourist cities in Southeast Asia. The website believes that Bangkok, as one of the most visited cities in the world, its tourism industry is gradually recovering after experiencing the impact of the epidemic. In June 2022, between 25,000 and 27,000 people entered through Bangkok’s airports every day, and the number is expected to double to about 60,000 by October, the Tourism Business Association of Thailand said.
The Ministry of Tourism and Sports of Thailand predicts that the number of international tourists visiting Thailand will reach 2.7 million in the third quarter of 2022, and the number of international tourists in the fourth quarter will reach 4.5 million. This year’s annual visitor arrivals are expected to reach 9 million and tourism revenue will reach 1.27 trillion baht (about 235.81 billion yuan). Bank of Thailand Governor Setap said that every 1 million additional foreign tourists can contribute 0.4 percentage points to Thailand’s GDP growth.
Tourism has been a major driver of Thailand’s economic growth, with international tourists accounting for about 12% of GDP. After the outbreak, Thailand’s tourism industry came to a standstill. Thailand has gradually taken steps to encourage more tourists to enter as the rate of vaccination against the COVID-19 vaccine.
It is reported that the Tourism Authority of Thailand has applied for a budget for cooperating with various airlines to carry out marketing activities to encourage them to open more routes. In addition, the “We Travel Together” program, which is mainly aimed at domestic tourists in Thailand, has achieved good results, and the number of people signing up to take advantage of the promotional benefits is increasing. According to reports, the Thai government will extend the program to the end of October this year. Dai Suli said: “The government hopes that tourism-related practitioners will continue to launch preferential activities to attract tourists, and join hands with official agencies to revive the tourism industry. Various support measures and the huge benefits of promotional activities will inject vitality into the tourism market faster .”
A survey by Thailand’s Kaitai Research Center shows that as the Thai government’s measures to promote the recovery of tourism continue to advance, the number of inbound international tourists has shown a steady upward trend month by month. The center forecasts that Thailand’s GDP will grow by 2.9% in 2022, with a recovery in tourism being an important driver.