Thailand just got the most tourists ever as boom continues | Fin24
  • Load Shedding Schedules

    Find information for Johannesburg, Durban, Cape Town and other cities.

  • Eskom Debt

    'Hard to believe' tweets minister, after Zim at last pays off debt to power utility.

  • Corruption Watch

    Corruption 'all but collapsing' public healthcare, warns watchdog amid coronavirus chaos.


Thailand just got the most tourists ever as boom continues

Jan 16 2018 09:50
Natnicha Chuwiruch, Bloomberg

Bangkok - Thailand received a record number of foreign tourists for a single month as a boom in arrivals continues.

Arrivals jumped almost 16% in December from a year earlier to an unprecedented 3.5 million, the Tourism Ministry’s Permanent Secretary Pongpanu Svetarundra said in a briefing in Bangkok on Tuesday. He predicted a fresh high in January amid the traditional peak season for tourism.

"We will continue to keep breaking records," Pongpanu said.

Pongpanu said the government is targeting 37 million visitors in 2018 and 3 trillion baht ($94bn) of revenue from domestic and foreign tourists combined. That would be worth more than a fifth of the economy - and put ever greater strain on congested airports as well as Bangkok’s packed roads and metro system.

Tourism and exports have contributed to an acceleration in economic growth in the military-run country, as well as an appreciation in its currency. 

The baht has strengthened more than 2% against the dollar this year, one of the strongest performers in Asia, prompting concern that the climb will eventually harm competitiveness in Southeast Asia’s second-largest economy.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

thailand  |  travel and leisure  |  tourism


Company Snapshot

Voting Booth

Do you support a reduction in the public sector wage bill?

Previous results · Suggest a vote