Thailand expects $64.5 billion in 2023 tourism revenue -govt spox

BANGKOK (Reuters) – Thailand expects to earn 2.38 trillion baht ($64.50 billion) in tourism income in 2023, a authorities official stated on Monday.

The federal government desires tourism subsequent 12 months to achieve 80% of its 2019, pre-pandemic degree, as the important thing development sector is beginning to see a restoration because the pandemic eases, stated authorities spokesperson Anucha Burapachaisri.

International vacationers are anticipated to usher in between 970 billion baht to 1.5 trillion baht subsequent 12 months, he stated.

Thailand expects 1.5 million arrivals every month within the final quarter of 2022, stated Anucha, including September has seen multiple million vacationers up to now. The federal government is focusing on 10 million guests for the complete 12 months.

Tourism is a key driver of Southeast Asia’s second-largest financial system. In 2019, it welcomed practically 40 million guests, who spent 1.91 trillion baht.

($1 = 36.9000 baht)

(Reporting by Panarat Thepgumpanat; Writing by Kanupriya Kapoor; Modifying by Christopher Cushing)