Thailand expects to earn 64 bln USD tourism revenue in 2023

Author: Xinhua/Web Desk

BANGKOK: Thailand‘s government expects to achieve up to 2.38 trillion baht (about 64.3 billion U.S. dollars) in tourism revenue in 2023, a government spokesperson said Monday.

As the tourism sector, a key driver of the Southeast Asian country’s economic growth, has continued to recover, the Thai government has set a target of bringing the revenue back to 80 percent of its 2019 level in 2023, acting government spokesperson Anucha Burapachaisri said.

In the best-case scenario, the Thai government expects to see a tourism revenue of 1.5 trillion baht (about 40.5 billion U.S. dollars) from foreign tourists while 880 billion baht (about 23.8 billion U.S. dollars) from domestic travels in 2023, Anucha said.

The country expects to welcome 1.5 million tourists per month during the last quarter of this year, Anucha said, adding that the number has reached over 1 million so far this month. The country aims to receive 10 million tourists this year.

Share
Leave a Comment

Recent Posts

  • Top Stories

Senior executives at Mercuria to face investigation by Pakistan’s FIA

Mercuria, a global commodities trading firm headquartered in Geneva, finds its senior executives under scrutiny…

11 hours ago
  • Business

PSX extends bullish trend with gain of 862 points

Pakistan Stock Exchange (PSX) remained bullish for the second session in a row on Monday,…

12 hours ago
  • Business

PKR depreciates by 3 paisas to 278.24 vs USD

The rupee remained on the back foot against the US dollar in the interbank market…

12 hours ago
  • Business

SECP approves PIA’s scheme of arrangement

The Securities and Exchange Commission of Pakistan has approved the Scheme of Arrangement between Pakistan…

12 hours ago
  • Business

Gold snaps losing streak

Gold price in the country snapped a six-session losing streak and increased by Rs2,500 per…

12 hours ago
  • Business

Rs 83.6 billion loaned to young entrepreneurs: Rana Mashhood

Chairman of the Prime Minister Youth’s Programme(PMYP) Rana Mashhood has underscored the success of the…

12 hours ago