• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

What is a perpetual DEX? A Wall Street primer featuring Decibel

May 13, 2026

A look inside a North Country primary feud

May 13, 2026

Pop Star Hayley Williams Declares ‘F**k ICE,’ ‘Free Palestine’ at Concert

May 13, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Wednesday, May 13
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    A look inside a North Country primary feud

    May 13, 2026

    Have Trump And Musk Made Amends?

    May 13, 2026

    Trump Can Barely Walk As He Arrives In China With A Lumbering Thud

    May 13, 2026

    South Carolina Republicans tank redistricting, for now

    May 13, 2026

    Pennsylvania Supreme Court Justice Leaves Democratic Party

    May 13, 2026
  • Health

    Vance: $1.3B in Medicaid money to California will be deferred over fraud suspicions

    May 13, 2026

    Why Energetic Health Matters Now More Than Ever

    May 13, 2026

    The Doctor Shortage Is Getting Worse. Your Pharmacist Can Help

    May 13, 2026

    Trump DOJ intensifies push to restrict youth gender-affirming care

    May 13, 2026

    This $250 Million Startup Tracks How Cancer Reacts To Treatment In Real Time

    May 13, 2026
  • World

    Farage Says Work Begins Now to Destroy the ‘Delusional’ Establishment

    May 13, 2026

    Neil DeGrasse Tyson Ruminates On How To Handle E.T. Encounters

    May 13, 2026

    At Least Six Dead Migrants Found in Trainyard near Texas Border

    May 13, 2026

    Trump Shares AI Image Of Democrats Bathing In Feces

    May 13, 2026

    Trump Rejects Iran Reply – ‘Laughing No Longer’

    May 13, 2026
  • Business

    Another Key Inflation Measure Blows Past Forecasts

    May 13, 2026

    Prices Skyrocket To Highest Level In Years As Fallout From Iran War Continues Ravaging Economy

    May 12, 2026

    Reynolds Launches $3,200,000,000 Investment In America-Made Smokeless Nicotine

    May 8, 2026

    CEO Trolls Rival By Using Their Platform To Fund His Attempted Takeover Of Company — But They Aren’t Amused

    May 7, 2026

    Americans May Be Stuck Paying Wartime Gas Prices Long After Iran Deal

    May 7, 2026
  • Finance

    What is a perpetual DEX? A Wall Street primer featuring Decibel

    May 13, 2026

    Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

    May 13, 2026

    Alibaba’s AI Business Is Booming, But Its Profits Basically Disappeared

    May 13, 2026

    Oil little changed as Trump heads to China; US oil stocks fall more than expected

    May 13, 2026

    B&G Foods positions for “transformational year” as guidance raised

    May 13, 2026
  • Tech

    EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

    May 13, 2026

    ‘AI Is Here,’ ‘We Can Work With It,’ ‘You Fight It … Is a Battle We Will Lose’

    May 13, 2026

    Google Reports First Known Case of AI-Developed Zero-Day Exploit Used by Cybercriminals

    May 13, 2026

    Microsoft CEO Satya Nadella Takes the Stand to Defend Relationship with OpenAI

    May 13, 2026

    Suspect Allegedly Asked Chat GPT ‘How to Make Bomb’, Targeted Louvre

    May 13, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Thai Tourism Recovery On Track as International Arrivals Jump
Finance

Thai Tourism Recovery On Track as International Arrivals Jump

February 26, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Thai Tourism Recovery On Track as International Arrivals Jump
Share
Facebook Twitter LinkedIn Pinterest Email

ASEAN Beat | Economy | Southeast Asia

The country welcomed 11.15 million foreign visitors in 2022, up from just 428,000 the previous year.

Advertisement

Thailand welcomed 11.15 million foreign visitors in 2022, beating the government’s target for the year and suggesting that the recovery of its tourism sector is set to continue into this year, the country’s tourism ministry said yesterday.

This was still far short of the 40 million-odd international arrivals that the country registered in 2019, prior to the onset of the COVID-19 pandemic. But it marks a sharp improvement on the 428,000 visitors that the country saw in 2021, when access to the country was complicated by a host of pandemic-related travel restrictions.

Somewhat surprisingly, the country’s top three source markets in 2022 were Malaysia, India, and Singapore, according to ministry data.

This is obviously good news for Thailand, whose economy is the second largest in the Association of Southeast Asian Nations (ASEAN) but which is also unusually dependent on tourism. While the country managed to contain COVID-19 with relative success during 2020, the shutdowns and collapse in international travel brought international tourism to a virtual halt. This contributed to the country experiencing the second-worst recession of the 10 ASEAN nations that year, with the Asian Development Bank (ADB) reporting that its economy contracted by 6.1 percent.

Thai tourism authorities are now targeting 25 million international visitors in 2023, a goal that will be greatly aided by the resumption of outbound tourism from China, following Beijing’s about-face decision to abandon “zero COVID” and its associated travel restrictions earlier this month. In 2019, Thailand welcomed a record 11.5 million visitors, but China’s prolonged dalliance with its whack-a-mole “zero COVID” policy has slowed Thailand’s expected recovery.

See also  China’s Real Estate Crisis: Why the Younger Generation Is Not Buying Houses Anymore

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

Indeed, the resumption of Chinese outbound tourism has been heartily welcomed across the region. In the Philippine capital Manila, Reuters reported this week that Filipinos in traditional attire “played bamboo marimbas and handed out necklaces and gifts” to the first Chinese visitors to return to the country since before the pandemic. Indonesian authorities also put on a similar show at Denpasar in Bali, where the first direct flight from China in three years touched down to an honor guard of traditionally clad Balinese hostesses and lion dances to mark the Lunar New Year.

At Kuala Lumpur International Airport in Malaysia, meanwhile, Tourism, Arts, and Culture Minister Tiong King Sing this weekend personally welcomed Chinese visitors arriving from Fuzhou with Lunar New Year souvenirs.

In 2019, the Philippines and Indonesia welcomed 1.7 million and 2 million Chinese visitors, respectively. But as in Thailand, that fell sharply last year to just 39,627 travelers in the Philippines and around 100,000 in Indonesia. Malaysia saw a similar decline but has set an ambitious target of attracting 5 million Chinese tourists this year – a 60 percent increase on the 3.1 million who visited in 2019.

Advertisement

On a related note, Singapore’s government said this week that it is on track for a full recovery of its tourism sector by 2024. The city-state saw 6.3 million visitors last year, according to tourism authorities, down from the 19.1 million recorded in 2019 but slightly in excess of the government’s forecast of 4-6 million.

See also  Australia Aug ANZ-Indeed jobs ads jump most in over an year

Like its neighbors, Singapore is also set to be buoyed by the return of Chinese outbound travel. The country welcomed 3.6 million visitors from China in 2019, the country’s largest single source of foreign arrivals.

Arrivals International jump recovery Thai Tourism track
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

What is a perpetual DEX? A Wall Street primer featuring Decibel

May 13, 2026

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

May 13, 2026

Alibaba’s AI Business Is Booming, But Its Profits Basically Disappeared

May 13, 2026

Oil little changed as Trump heads to China; US oil stocks fall more than expected

May 13, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

‘Brazen’: Energy secretary accused of lying to Congress about stock investments — and her own letter says it all

June 12, 2023

Biden administration OKs boost in Chinese airline flights to US

May 4, 2023

Newly released FBI documents reveal a possible motive for Las Vegas mass shooting

April 4, 2023

Fantasy Cricket Tips, Today’s Playing 11 and Pitch Report for ECS Switzerland T10, Match 6

August 13, 2023
Don't Miss

What is a perpetual DEX? A Wall Street primer featuring Decibel

Finance May 13, 2026

Financial markets are beginning to move beyond the traditional opening bell. While stock exchanges still…

A look inside a North Country primary feud

May 13, 2026

Pop Star Hayley Williams Declares ‘F**k ICE,’ ‘Free Palestine’ at Concert

May 13, 2026

EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

May 13, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,359)
  • Entertainment (4,479)
  • Finance (3,357)
  • Health (2,025)
  • Lifestyle (1,876)
  • Politics (3,212)
  • Sports (4,178)
  • Tech (2,086)
  • Uncategorized (4)
  • World (4,226)
Our Picks

De-dollarization Dreams: Why the US Dollar Won’t Bow Out

September 13, 2023

DOD Has to Do More to Protect Secrets 

August 8, 2023

Illegal Boat Migrant Convicted over Failed Terror Attack on Israeli Embassy

May 4, 2026
Popular Posts

What is a perpetual DEX? A Wall Street primer featuring Decibel

May 13, 2026

A look inside a North Country primary feud

May 13, 2026

Pop Star Hayley Williams Declares ‘F**k ICE,’ ‘Free Palestine’ at Concert

May 13, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.