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Tourism revenue on target to surpass B2.43trn

BANGKOK: Thailand earned B627 billion from tourism in the third quarter, up 12 per cent year-on-year on a 13% increase in arrivals to 8 million and a 5% growth in domestic tourist travel to 36 million trips.

tourism, economics,


Bangkok Post

Saturday 5 November 2016, 10:36AM


Foreign tourists visit the Grand Palace in Bangkok. Total revenue from tourism was up 12% year-on-year in the July-September quarter. Photo: Krit Promsaka na Sakolnakorn
Foreign tourists visit the Grand Palace in Bangkok. Total revenue from tourism was up 12% year-on-year in the July-September quarter. Photo: Krit Promsaka na Sakolnakorn

Tourism and Sports Minister Kobkarn Wattanavrangkul said on Friday (Nov 4) the growth met targets.

Tourism bodies were telling travellers that tourist activities in the country continued as usual, despite the people being in mourning for the loss of the late HM King Bhumibol, she said.

Tourism-related income consisted of B411bn from foreign tourists, up by 15%, and B216bn from Thai tourists, up 8% year-on-year.

In the third quarter there were 2.4 million Chinese tourist arrivals, up 14%. The country earned B124bn from them, up by 16%.

Tourists from Europe numbered 1.2 million, rising 12% and bringing B87bn into the country, up by 16%.

Arrivals from Southeast Asian nations totalled 2.2 million, growing 15%, with revenue of B68bn, up by 18%.

Mrs Kobkarn predicted tourism-related revenue should rise 1.3% year-on-year in the fourth quarter to B610bn – with B390bn from foreign tourists and B220b from Thai travellers.

That would bring total tourism-related revenue for 2016 to 2.49 trillion baht, above the initial target of B2.43trn.

Of the B2.49trn The minister expected B1.63trn from 32.4 million foreign tourists and B859bn from Thai tourists.

 

Read original story here.

 

 

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