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Growth continues as Thailand hits visitor and revenue targets for first quarter 2017

Growth continues as Thailand hits visitor and revenue targets for first quarter 2017

Thailand is expected to finish the first quarter of 2017 right on target with tourism revenue of 734 billion Baht (US$20.9 billion), up 9 per cent over the same period of 2016. The growth momentum is anticipated to continue through to the second quarter with an 11 per cent year-on-year increase on revenue to 630 billion Baht (US$18 billion), including 16.6 billion Baht (US$474 million) revenue targeted from tourism spending during the five-day Songkran holiday.

Mr. Yuthasak Supasorn, Governor of the Tourism Authority of Thailand (TAT) said, “In the first quarter, we’ve seen healthy growth from all source markets, and so we expect this growth momentum to continue into the second quarter. This expectation is based on a number of factors. Thailand will host the WTTC Global Summit 2017, from 26-27 April in Bangkok, and the Destination Wedding Planners Congress 2017, from 2-4 May in Phuket. TAT will also enhance our marketing efforts in China through a series of roadshow events that focus on the luxury, health and wellness, and new markets as well as through celebrity marketing under the “Experience Thailand with Mario” campaign.”

In the first quarter of 2017 (January-March), TAT expects Thailand to welcome 9.2 million international visitors and generate 490 billion Baht (US$14 billion), representing a year-on-year increase of 2 per cent and 7 per cent, respectively.

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