Tourism revenue in 2023 expected to reach 80% of 2019

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Tourism revenue in 2023 expected to reach 80% of 2019

By THE NATION

 

 

The Tourism Authority of Thailand (TAT) expects revenue in 2023 to reach 80 per cent of what was achieved in 2019.

 

Revenue earned from the tourism sector will be Bt2.5 trillion in 2023, under the plan to revive the sector in 2022 and 2023.

 

TAT Governor Yuthasak Supasorn said the Bt2.5 trillion in 2023 would amount to 80 per cent of the Bt3 trillion Thailand earned from tourism in 2019.

 

In 2021, the TAT aimed to encourage people to travel. The governor explained that his organisation would encourage numerous companies to hold more travel seminars.

 

However, Yuthasak said that the sector's recovery next year would be slow. He said 2021 would be the year to increase confidence among entrepreneurs and tourists.

 

He predicted that the first foreign groups to return to Thailand in 2021 would be Europeans, in case a Covid-19 vaccine was confirmed as successful.

 

He added that China had not allowed its citizens to travel on group tours, until a vaccine is ready. “This is what Chinese representatives told the Minister of Tourism and Sports on Wednesday,” he said.

 

He added that the tourism sector would still be an important factor in driving Thailand’s economy. The proportion of earnings generated by the sector would be 20 per cent of the gross domestic product, like in the times before Covid-19, he said.

 

Source: https://www.nationthailand.com/news/30398677

 

-- © Copyright The Nation Thailand 2020-11-27

 

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[CraigInBangkok 1,533]

I expect the earth will be a cube by 2023 !

[bkk6060 12,970]

3 years from now and a reliable vaccine.  Sure, I could see 80% as possible.

[ICELANDMAN 927]

 

Who did Yuthasak Supasorn go to read the future?

[petermik 17,027]

Another day another pointless statement from the T A T....who knows what tomorrow will bring never mind two years on

[ExpatOilWorker 5,027]

2020 is pretty much a write-off with about 20% of the 2019 revenue. 

The most pressing question is how will 2021 be?

Different agencies have projected 8-11 million tourists, so it could be 20-25% of 2019 levels. 

Meager years ahead for the tourist industry,  but good deals should be plentiful for us local travelers. 

[ThailandRyan 16,442]

24 minutes ago, ICELANDMAN said:

 

Who did Yuthasak Supasorn go to read the future?

He didn't have anyone read his tea leaves because he is obviously a time traveler, who has been and returned.  It is where TAT has obviously been getting all of their great Ideas from, as well as watching all of the reality television show reruns such as 90 day fiancé.

[GeorgeCross 6,619]

2023 now?!

 

final nail in the coffin.

 

 

[doctormann 869]

Yurhasak has a crystal ball.

I hope that it works better than the one that I got from Amazon!

[fxe1200 1,682]

I was about to write the same as COTIPU....

Edited November 27, 2020 by fxe1200

[bert bloggs 6,248]

People will not be coming to Thailand i fear ,for a long time,they wont have the cash for years

[Traubert 4,720]

53 minutes ago, GeorgeCross said:

2023 now?!

 

final nail in the coffin.

 

 

Another one?

[bbbbooboo 902]

Hmmm....2023 is long way in the future and largely stupid speculation(as usual)

[Migrosmarket 169]

The TAT needs to talk to Immigration before making announcements about tourism......

[Guderian 5,057]

Not many people seem to have noticed, but the green revolution has been gaining traction and momentum during the pandemic. Two obvious examples are the US rejoining the Paris Accord which will happen early next year when President Biden takes office, and the UK's latest legally-binding commitment to cut emissions further and faster than previously planned. Coupled with the dire implications that recovery from the pandemic will have for many peoples' finances, especially the young, there may be less travel in the coming years than expected based on past trends, and possibly a lot less. 

 

I'm not joking here, when I read the details of the UK's latest plans and their implications, it seemed to me that within 30 years the unwritten master plan is that most people will live, work and die within 10 or 20 miles of where they were born. Of course, you'll still be allowed to fly off to foreign lands for a holiday, but such jaunts will start to come with some serious strings attached, like they'll have to fit into your personal annual carbon allowance, and anyway they'll almost certainly be stigmatised as socially unacceptable. Never mind back to the future, this is back to the 18th century if it happens, lol!