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Thailand revenue up US$4 billion from China tourism after visa waivers

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Thailand revenue up US$4 billion from China tourism after visa waivers​

  • More than 22,000 mainland visitors entered Thailand in the first two days of a new holiday period visa exemption programme, which runs to the end of February
  • Thai PM Srettha Thavisin’s administration cleared exemptions for Chinese and Kazakh travellers to help prevent the nation from slipping into recession

Bloomberg

Published: 7:18pm, 1 Oct, 2023
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Thailand expects to attract 2.9 million arrivals and billions of dollars in revenue from a Chinese tourism boom as a result of a new five-month holiday period visa exemption programme, part of a bid to help strengthen the nation’s wobbly economic recovery.

The Southeast Asian nation has already seen a strong response after temporarily waiving visas for mainland visitors from September 25 until the end of next February: More than 22,000 Chinese travellers entered Thailand in the programme’s first two days, government spokesman Chai Wacharonke said on Sunday on an official Facebook page. Thailand expects 140.3 billion baht (US$3.8 billion) in tourism revenue from the programme, Chai said.

The visa waiver is expected to accelerate the return of Chinese tourists – the largest group of visitors to Thailand before the pandemic. Prime Minister Srettha Thavisin’s administration, which took power last month, cleared the exemptions for Chinese and Kazakh travellers as part of its measures to jump-start the slow economic recovery and prevent the nation from slipping to recession.

The measure is part of Thailand’s goal to raise tourism revenue to pre-Covid levels, with a target of 3.1 trillion baht in 2024. Thailand has welcomed 19.5 million foreign tourists so far this year, with as many as 28 million expected by year-end. Travellers from Malaysia topped the list of travellers at 3.2 million, followed by Chinese at 2.4 million as of September 25, according to the tourism ministry.

About 650,000 mainlanders have booked trips to Thailand in October, according to Chai, citing a report from the Chinese embassy to Thailand. The Tourism Authority of Thailand expects Chinese arrivals of around 4 to 4.4 million this year, according to Chai who added that the visa programme was well-timed to cover China’s Golden Week holidays this week, as well as new years celebrations.

“Thailand is very pleased to welcome all Chinese brothers and sisters”, Srettha said in a post on X, formerly known as Twitter, on Saturday. “Our country has beautiful seas and a variety of Thai food. Hope everyone will travel safely and be impressed”.

 

Thai Airways Flights From China Almost Full After Visa Waiver​

http://bloom.bg/dg-ws-core-bcom-m1
By Danny Lee
October 2, 2023 at 11:56 AM GMT+8

Thai Airways International Pcl says flights from China have been over 90% full after Southeast Asia’s second-largest economy temporarily relaxed visa rules for visitors.
“We have seen significant growth in terms of Chinese traffic into Thailand,” the carrier’s Chief Commercial Officer Korakot Chatasingha told Bloomberg Television on Monday.


 
Thailand can run perpetual trade deficit so long as lots of tourist flooded in.

When Japan and Korea has trade deficit I see disaster coming. Japan and Korea should learn from Thailand and let China man fk their women.

Sex industry is something really cruel and there is nothing the leadership can do, alternative is total collapse of economy.


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