
The tourism-receipts target represents a 10-per-cent increase from last year’s revenue, TAT governor Yuthasak Supasorn said Wednesday
The forecast of 34.3 million international visitors equates to a 5.5-per-cent increase year on year, while their estimated spending of Bt1.81 trillion is 10 per cent up on the 2016 level.
The main reasons for the predicted growth in international arrivals and spending are a recovery in the Russian economy, the waiving of visa fees for tourists having been sanctioned until the end of February, and brighter economic prospects in Asian source markets, he explained.