Thailand Business News

With almost 40 million foreign visitors in 2019, Thailand is a preferred destination for tourists in Asia and around the world.

White sand beaches, lush vegetation, atypical cuisine and exotic culture, the land of smiles has indeed something to make you want. To cope with the growing number of passengers at its airports, the country is investing.

Thailand welcomed a record-breaking 39 million foreign visitors in 2019 before the Covid outbreak decimated the country’s prized tourism sector. With tourist spending totaling 1.91 trillion baht, the economy benefited from the tourism boom as well.

In order to meet the forecasts of the International Air Transport Association (IATA), which predicts 200 million foreign arrivals in Thailand by 2031, the country plans to invest in the expansion of four of its main international airports, as detailed by the deputy spokesperson of the government, Traisulee Taisaranakul, on February 9, 2023. 1

Faced with the increase in the number of foreign visitors and the growing share of international tourism in its GDP (11.4% in 2019), Thailand has been striving to develop its tourism sector for several years now.

Source link : 200 million passengers by 2031: when Thailand thinks big by Headline Editor

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