By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
24x7Report24x7Report
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
Search
© 2023 News.24x7report.com - All Rights Reserved.
Reading: Thailand attracts 1 millionth visitor from China since January
Share
Notification Show More
Aa
24x7Report24x7Report
Aa
Search
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
  • en English
    • en English
    • id Indonesian
    • ms Malay
    • es Spanish
Follow US
© 2023 News.24x7report.com - All Rights Reserved.
24x7Report > Blog > Finance > Thailand attracts 1 millionth visitor from China since January
Finance

Thailand attracts 1 millionth visitor from China since January

Last updated: 2023/07/08 at 3:03 PM
Share
5 Min Read
Thailand Clocks 1 Millionth Visitor From China Since January
SHARE

beat ASEAN | Economic system | South East Asia

Three months after Beijing ended its strict “zero COVID” coverage, Bangkok says it’s on monitor to satisfy its goal of 5 million vacationers from China by 2023.

Chinese language vacationers experience elephants on the Nong Nooch Tropical Backyard in Pattaya, Thailand, March 1, 2017.

Credit score: Depositphotos

Commercial

Thailand has simply welcomed its 1 millionth customer from China because the begin of the 12 months, one other step ahead for the restoration of the nation’s essential tourism sector.

In an announcement yesterday, authorities spokesman Anucha Burapachaisri mentioned the nation had registered 1 million Chinese language between January and Could 18, the Bangkok Publish reported. reported. He added that the federal government hoped to satisfy its purpose of attracting 5 million Chinese language vacationers by 2023, which may generate an estimated 446 billion baht ($13.18 billion) in income.

“This success is because of the laborious work of all businesses concerned within the nation’s efforts to regain the belief of worldwide vacationers and our standing as one of many world’s hottest vacationer locations,” mentioned Anucha, in accordance with the mail.

The COVID-19 pandemic has dealt a near-fatal blow to Thailand’s tourism trade. Whereas the nation managed to include the primary wave of COVID-19 with relative success, the closures and collapse in worldwide journey devastated the nation’s tourism trade. Worldwide vacationer arrivals fell from a document 40 million in 2019, the final full 12 months earlier than the pandemic, to six.7 million in 2020 after which to a paltry 428,000 in 2021.

See also  China Is Dominating the Race for Generative AI Patents 

Given the significance of tourism to Thailand’s economic system – the sector contributes an estimated 20 % to the nation’s GDP and helps a whole bunch of hundreds of livelihoods – bulletins about vacationer numbers are eagerly awaited and carefully monitored within the watched.

Do you get pleasure from this text? Click on right here to register for full entry. Solely $5 per 30 days.

This newest announcement means that the restoration of Thailand’s tourism trade has begun since final July full international reopening is now close by of pre-pandemic ranges. The 1 million Chinese language guests have been among the many 9.47 million overseas vacationers Thailand noticed arriving from January to mid-Could. In 2023, the federal government expect 25 million worldwide guests, in comparison with the document 40 million guests in 2019, the final full 12 months earlier than the COVID-19 pandemic. In 2022, a complete of 11.15 million worldwide guests have been recorded, above the government target of 10 million. The three leading countries of origin have been Malaysia, India and Singapore.

The tourism sector, which accounts for about one-fifth of Thailand’s GDP, has contributed to higher-than-expected progress 2.7 percentt within the first quarter of 2023.

Nevertheless, the restoration in Chinese language vacationer arrivals has lagged far behind the restoration of the Thai tourism sector as an entire. That is largely resulting from Beijing’s strict “zero COVID” coverage, which till January made outbound worldwide journey difficult and dear, each by way of money and time. Simply final 12 months 274,000 Chinese tourists visited Thailand, in accordance with Reuters. In 2019, they made up 11 million, or about 28 %, of whole worldwide vacationer arrivals. Even with this 12 months’s restoration, they solely make up about 10.5 % of arrivals up to now.

See also  This legendary market forecaster has warned of a stock-market crash and a recession for years. Here are Gary Shilling's 14 best X posts since the pandemic.
Commercial

Not content material to relaxation on its laurels, the Thai Tourism Authority has launched a “Belief Thailand” marketing campaign to rekindle China’s love affair with the nation. Beneath the marketing campaign, the Bangkok Publish reported yesterday“60 Chinese language opinion leaders, members of the press, airways and associated firms will probably be invited to go to the dominion to additional promote Thailand as a premier vacation spot.”

Whereas it stays unclear if and when Thailand’s tourism trade will surpass its 2019 peak, the variety of Chinese language vacationers is prone to proceed to extend considerably between now and the tip of the 12 months.

You Might Also Like

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

How China’s Companies Are Responding to the US Trade War

The US Flip-flop Over H20 Chip Restrictions 

TAGGED: Attracts, China, January, millionth, Thailand, visitor

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article PSG transfer news, rumors: Kylian Mbappe remains coy on future amid Real Madrid interest
Next Article AI, tech plays for the second half of 2023 AI, tech plays for the second half of 2023

Stay Connected

1.30M Followers Like
311 Followers Pin
766 Followers Follow

Latest News

Holistic Approaches to Support Your Skin’s Natural Glow
Beauty May 7, 2025
Elevate Your Aesthetic: how to Master the Effortlessly Chic Look
Beauty May 4, 2025
Cambell Kenneford Inspires a New Trans Generation
Beauty May 3, 2025
The Simple Benefits of DIM Supplements
Beauty May 2, 2025
Gynecomastia Surgery Is the Confidence Upgrade More Men Are Talking About
Beauty May 1, 2025
//

This is your World, Finance, Fitness, Fashion  Sports  website. We provide the latest breaking news straight from the News industry.

Quick Link

  • Contact
  • Privacy Policy
  • Terms & Conditions

Top Categories

  • Fashion
  • Finance
  • Fitness
  • Gadgets
  • Travel

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
24x7Report24x7Report
Follow US

© 2023 24x7Report.com - All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?