The Tourism Council of Thailand expects at least 40 million travelers will visit Thailand this year, generating some 2.05 trillion baht in revenue, thanks to the government’s tourism promotion measures.
The Thai government has launched 16 tourism stimulus measures aimed at stimulating more inbound travel, including the opening of more VAT refund shops and counters, 24-hour cross-border tourism on the Thai-Malaysian and Thai-Lao borders during weekends and holidays, the e-visa service and exemption of the visa-on-arrival fee until 30 April, 2020, and the 50% discount on airport landing fees for international flights from 1 December, 2019, to 30 April, 2020, to name but a few.
The Tourism Authority of Thailand (TAT) is expecting 3.18 trillion Baht in overall tourism revenue for Thailand in 2020, or a 4% year-on-year increase. This includes 2.02 trillion Baht from international tourists (up 3%) and 1.16 trillion Baht from domestic tourists (up 5%).
