Thailand's tourism sector is bouncing back strongly from the pandemic and is on track to reach impressive numbers by the end of 2024. The country is expected to welcome around 36 million visitors and earn approximately $53 billion in tourism revenue. This marks a significant recovery, bringing Thailand close to its 2019 record, when nearly 40 million international tourists visited the nation.
This resurgence in tourism is a major improvement from 2023 when about 28 million tourists visited Thailand, generating $35 billion in income. The boost in tourist numbers is attributed to Thailand's new visa-free program. Citizens from 93 countries can now stay in Thailand for up to 60 days without a visa, which has made travel to the country much easier.
Additionally, air traffic to Thailand has rebounded to 82% of its pre-pandemic levels, making it more accessible to international travelers. Trapani Kiatphaibun, head of the Tourism Authority of Thailand (TAT), highlighted these changes as crucial in supporting the tourism industry's recovery.
Despite these positive trends, local officials express caution. Thailand may not meet the initial forecasts for 2024, which had projected around 40 million visitors and $68 billion in income. To address this, the country’s tourism leaders are focusing on enhancing Thailand’s appeal while ensuring both safety and accessibility for tourists.
In an effort to boost domestic tourism during slower periods, the Thai government recently introduced a tax break for companies that organize local conventions and seminars. This initiative also extends to accommodations such as homestays and non-hotel options, aimed at stimulating local tourism.
Overall, Thailand’s tourism sector is on a strong path to recovery, but there are still challenges to overcome to meet its ambitious goals.