Thailand Tourism Drops 7% as Casino Dreams Fade
Skift Take
Thailand is projected to see tourism decline by more than 7% in 2025 due to rising travel costs, coupled with geopolitical instability and inflation. Plus, more hotel development news.
There will be no Daily Lodging Report – Asia Pacific on Thursday, November 6th, and Monday, November 10th.
Thailand is projected to see tourism decline by more than 7% in 2025 due to rising travel costs, coupled with geopolitical instability and inflation. The result is that Thailand is experiencing a difficult recovery in the tourism sector, posing unprecedented challenges. Between January 1 and October 26, Thailand welcomed 26.25 million international visitors, a drop of -7.25% from the same period in 2024. In the past few months, daily arrivals have been hovering around 100,000, still falling short of the government's original ambitious goals of 35 million arrivals this year, but with the adjustment in the goal to 33 million by the Bank of Thailand, the stability shows a move in the right direction. There was a welcome surge in visitors from China during Golden Week, especially in destinations like Phuket and Bangkok but Malaysia is still the leading s
