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

Top investment ideas as interest rate uncertainty grips market

August 1, 2026

Zohran Mamdani Reportedly Furious After Being Snubbed From Speaking at Funeral for Fallen NYC Soldier * The Gateway Pundit * by Mike LaChance

August 1, 2026

Sean ‘Diddy’ Combs’ Prison Release Moved to an Earlier Date

August 1, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, August 1
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Zohran Mamdani Reportedly Furious After Being Snubbed From Speaking at Funeral for Fallen NYC Soldier * The Gateway Pundit * by Mike LaChance

    August 1, 2026

    FCC Chair Brendan Carr Exposes ‘The View’ by Posting Video Montage of the Hosts Basically Campaigning for the Democrats

    August 1, 2026

    Trump Is Under Investigation For Scheme To Sell Insider Access

    August 1, 2026

    Trump Orders Fresh Round of Strikes Against Iran – US and Israel Expected to Hit Iranian Energy Targets in Largest Attack to Date * The Gateway Pundit * by Jordan Conradson

    July 31, 2026

    Treasonous Trump Sides With Iran After Minnesota Was Cyberattacked

    July 31, 2026
  • Health

    Digital Health Funding Is Booming, Especially For Wearables

    August 1, 2026

    How Self-Dealing Is Bankrupting Hospitals And Nursing Homes

    August 1, 2026

    Data. Data. Data. How Can Wearables Really Help Us?

    August 1, 2026

    How Artificial Intelligence Discovered A New Way To Detect Patients At Risk Of Cardiac Death

    July 31, 2026

    We Need More Embedded Critics In Healthcare

    July 31, 2026
  • World

    U.S. Should Resume Major Combat Operations in Iran with Israel

    August 1, 2026

    Trump Says Deal Reached To Disarm Hamas, Israeli Support For Plan Remains Uncertain

    August 1, 2026

    ‘We Will Be Ready’ if U.S. Asks Us to Join Iran Strikes

    August 1, 2026

    FIFA Cancels 20 Billion World Cup Sell Off Plan

    August 1, 2026

    Should ‘Return to Major Combat’ and Tighten Economic Screws on Iran

    August 1, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    Top investment ideas as interest rate uncertainty grips market

    August 1, 2026

    Xenia Hotels & Resorts, Inc. Q2 2026 Earnings Call Summary

    August 1, 2026

    Clear Street launches pre-IPO platform, lists AI giant Databricks

    August 1, 2026

    Want to trade SpaceX for Apple? 1inch says skip the dollars

    July 31, 2026

    Leopold Aschenbrenner Situational Awareness fund: $45B to fire sale

    July 31, 2026
  • Tech

    Feds Warn Water Systems of Rising Cyber Threats Following Minnesota Attacks

    July 31, 2026

    Anthropic Claims Claude AI Models Hacked 3 Organizations During Security Testing

    July 31, 2026

    AI Must Address ‘Colonial Conquest’ by Training on ‘Indigenous’ Knowledge

    July 31, 2026

    Migrants Using Social Media to Ease Illegal Entry into Besieged Enclave

    July 31, 2026

    FTC Lawsuit Accuses Telehealth Giant Hims & Hers of Sharing Customer Data with Meta, Snap for Advertising

    July 31, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Thailand Announces New Holidays in Bid to Stoke Tourism Growth
Finance

Thailand Announces New Holidays in Bid to Stoke Tourism Growth

November 14, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Thailand Grants Chinese Tourists Visa-Free Access in Bid to Revive Economy
Share
Facebook Twitter LinkedIn Pinterest Email

Earlier this week, Thailand’s Cabinet approved two additional holidays for 2025, in a bid to stimulate domestic tourism and pull the country’s economy out of its post-pandemic funk.

Special holidays have been added on June 2 and August 11 of next year, both of them Mondays, in order to create four-day weekends along with the Queen’s Birthday holiday, which falls on June 3 and Mother’s Day on August 12. The government has declared an additional holiday for January 2, 2026, which will stretch the New Year break to five days (December 31-January 4).

Following a Cabinet meeting on Tuesday, Deputy Minister Phumtham Wechayachai told the press that the new holidays were intended to encourage people to take longer trips on the weekends.

The decision, while seemingly trivial, reflects the government’s urgent desire to stimulate growth in Thailand’s economically pivotal tourism sector, which by one estimate counts for around 12 percent of the country’s gross domestic product and nearly a fifth of its jobs.

Thailand’s tourism industry imploded during COVID-19, which saw international tourist numbers fall from more than 40 million in 2019, the last full year before the pandemic, to 6.7 million in 2020 and then to a paltry 428,000 in 2021.

Given the importance of tourism to Thailand’s economy, which continues to grow at slower-than-expected rates, the Pheu Thai government has prioritized its recovery since taking office in September 2023. The government has temporarily waived visas for travelers from a number of countries, a policy that was made permanent for Chinese nationals in March. In July, the Tourism Authority of Thailand (TAT) announced a number of changes to its visa regime, increasing the number of countries whose nationals are eligible for visa exemptions from 57 to 93, who are now eligible to stay in Thailand for 60 days, up from 30 days previously.

See also  Cryptocurrencies surge after big Grayscale legal win over SEC

It also introduced the Destination Thailand Visa, which allows foreign digital nomads, freelancers, and remote workers to stay in Thailand for up to 180 days per visit, on a multiple-entry basis, for a period of five years. On top of this, the TAT has taken steps to reduce bottlenecks at the country’s airports, particularly at Suvarnabhumi Airport in Bangkok, where it has installed an automatic passport control system.

The measures appear to have had some effect in dragging up tourism numbers. According to Thai government figures, 28.15 million international visitors came to Thailand in 2023, up from 11.15 million in 2022. The growth has continued in 2024, with the number of foreign arrivals exceeding 29 million so far this year. The Thai government is confident that the country is on target to exceed its yearly target of 36.7 million, and will reach almost 38 million by the end of 2024.

Given this trajectory, some in the industry expect that 2025 could be the year that Thailand finally exceeds the record 40 million threshold set in 2019.

“Unless there’s an external event that we can’t foresee and unless we do something wrong, I think there’s a chance we’ll cross the 2019 number of tourist arrivals into Thailand,” Omri Morgenshtern, the chief executor of the online travel platform Agoda Holdings, told reporters in Bangkok last week. “Our data suggests that Thailand is very addictive. About 46 percent of travelers are coming for a second or third or fourth time.”

Breaking through the 40 million barrier would represent a psychological victory for the country, if not a full solution to its economic problems.

See also  Vietnam Has a Long Way to Go on Decarbonization
Announces bid growth Holidays stoke Thailand Tourism
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Top investment ideas as interest rate uncertainty grips market

August 1, 2026

Xenia Hotels & Resorts, Inc. Q2 2026 Earnings Call Summary

August 1, 2026

Clear Street launches pre-IPO platform, lists AI giant Databricks

August 1, 2026

Want to trade SpaceX for Apple? 1inch says skip the dollars

July 31, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Famous Singer Trey Songz Sued For Sexual Assault By Bikini-Clad Fan

June 3, 2023

“I have something to say”

May 27, 2023

Backs Australia’s Women for Win in Soccer World Cup

August 13, 2023

China’s Chronic Zero COVID Trauma

February 15, 2024
Don't Miss

Top investment ideas as interest rate uncertainty grips market

Finance August 1, 2026

Bond market investors may want to shift their focus toward the front of the yield…

Zohran Mamdani Reportedly Furious After Being Snubbed From Speaking at Funeral for Fallen NYC Soldier * The Gateway Pundit * by Mike LaChance

August 1, 2026

Sean ‘Diddy’ Combs’ Prison Release Moved to an Earlier Date

August 1, 2026

Gianni Infantino Adviser Quits Over FIFA World Cup Stake Sale Plan

August 1, 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 (4,399)
  • Entertainment (6,008)
  • Finance (4,416)
  • Health (2,639)
  • Lifestyle (1,904)
  • Politics (4,069)
  • Sports (4,988)
  • Tech (2,457)
  • Uncategorized (4)
  • World (6,049)
Our Picks

Judge Approves Request for Access to Training Records in Quadruple Murder Case

July 5, 2023

9 Tech Gadgets And Inventions 2022 | You Must Have

August 30, 2022

Chipotle sues Sweetgreen for trademark infringement over ‘chipotle chicken’ bowl

April 6, 2023
Popular Posts

Top investment ideas as interest rate uncertainty grips market

August 1, 2026

Zohran Mamdani Reportedly Furious After Being Snubbed From Speaking at Funeral for Fallen NYC Soldier * The Gateway Pundit * by Mike LaChance

August 1, 2026

Sean ‘Diddy’ Combs’ Prison Release Moved to an Earlier Date

August 1, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

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