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Life after coronavirus: Future of Thai tourism industry is in Chinese hands, and phones


webfact

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1 hour ago, scorecard said:

Incoming tourism generates about 20% all funds coming into the Thai economy, a massive slice of these funds come from China.

 

I don't believe the number is as high as that. Exports, including tourism, accounts for about 60% of Thailand's GDP whilst tourism itself is about 20% of the export figure. In total tourism is about 12% of Thai GDP. 

 

There seems to have been about 12 million Chinese visitors per year to Thailand before the virus began, I think that's about a quarter of all visitors or slightly over. If those things are true and spending is broadly similar, it looks as though Chinese tourism contributes around 3% to Thai GDP, give or take a % or so. 

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31 minutes ago, LomSak27 said:

 

This is all looking at 21/22 tourist season whether they, TAT, want to admit it, or not. China like every other country is hard hit and will be hit economically for a year or more, from the wuhan virus. They may talk like the chinese are going to come flooding back in August. That is not going to happen.

 

 

Free Mama Cup Pro-MO-Shunnnnn. One cup a day from 7-11 during 2 week quarantine

 

Or paid 2000 bt upgrade for latex pillow to sleep nice during quarantine+ vat tax

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