Saturday, December 28, 2024

Thailand’s Tourism Expected to Bring in $1.82 Billion from 2025 New Year Celebrations

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Thailand’s tourism industry is expected to generate $1.82 billion in revenue during the 2025 New Year celebrations, driven by a surge in tourist arrivals and spending.

New Year, New Revenue

Thailand is expected to generate a significant amount of revenue from its 2025 New Year celebrations. According to estimates, the country’s tourism industry is projected to bring in approximately $1.82 billion from December 29, 2024, to January 4, 2025. This influx of tourists is expected to come from both domestic and international visitors.

Tourist Influx Boosts Economy

The Thai government is anticipating a significant increase in tourist arrivals, with over 3.3 million visitors expected to flock to the country during this period. The revenue generated from tourism will provide a much-needed boost to the economy, with the government hoping to capitalize on the festive season to attract more visitors and increase spending.

According to the Tourism Authority of Thailand (TAT), the country’s tourism industry is expected to generate 57.6 billion baht (approximately $1.82 billion USD) during the 2025 New Year celebrations. This estimate is based on a predicted 3.2 million tourists arriving in Thailand during the festive period, with each visitor expected to spend an average of 18,000 baht (around $570 USD) during their stay. The TAT has been actively promoting Thailand’s unique cultural and entertainment offerings, including its famous countdown events, fireworks displays, and traditional water blessings, to attract visitors from around the world. The Authority has also been working to improve tourist infrastructure and services, including transportation and accommodation options, to ensure a smooth and enjoyable experience for all visitors. With its rich cultural heritage, stunning natural beauty, and vibrant cities, Thailand is poised to remain one of the world’s top tourist destinations.

Source : Thailand’s Tourism Expected to Bring in $1.82 Billion from 2025 New Year Celebrations