Thailand Is Considering Casinos
Skift Take
Thailand's legislature is considering legalizing casino resorts, anticipating a potential increase of US$12 billion in tourism revenue.
STR reported China hotel data for the week ended March 23rd. China hotel RevPAR for the week was down -5.9% year over year. It was up against a very tough +159% comp in 2023. Occupancy was down -4% year over year for the week.
The Australian Bureau of Statistics said arrivals from India for the year ended January 2024 reached 402,200, which is above 2019 levels. This is the first time Tourism Australia has seen over 400,000 arrivals from India and solidified India's position as the fifth-largest inbound market for Australian tourism in 2024. In 2019 India was the seventh largest inbound market. In January 2024, Australia welcomed 26,200 Indian visitors, up 6% over January 2019.
Thailand's legislature was told that the country's tourism revenue could rise by about US$12 billion if they legalized casino resorts. The study that was submitted to lawmakers suggested average tourist spending could surge by 52% to 65,05
