Thai tourist arrivals slump 66% y-o-y in Jan-June amid pandemic
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[BANGKOK] Thailand recorded no foreign tourist arrivals and spending for a third straight month in June, as borders remained closed amid the pandemic, with a 66 per cent year-on-year drop in the January-June period to 6.69 million visitors, tourism ministry data showed.
In January-June, spending by foreign tourists was 332 billion baht (S$14.52 billion), down 65 per cent from a year earlier.
The tourism-reliant country, which had a record 39.8 million tourist arrivals last year, imposed a ban on incoming passenger flights in April, when it first recorded zero foreign visitors.
In June 2019 alone, there were 3.05 million foreign tourists who spent about 131 billion baht.
Thailand will extend a state of emergency until the end of August to control the coronavirus outbreak, although there has been no local virus transmission recorded for more than two months.
The central bank has forecast the number of foreign tourists will plunge 80 per cent this year to 8 million. Last year, spending by foreign visitors accounted for 11.4 per cent of gross domestic product.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?