20 Million Tourists Are Expected To Visit Thailand In 2023, Bringing In 285 Billion In Revenue

In 2023 Thailand expects to receive 20 million visitors and earn 2.38 trillion baht (US$64.5 billion - RM285 billion) from tourism. The Tourism Authority of Thailand (TAT) said in a statement to the media that the country anticipates earning 1.5 trillion baht from international tourism in the upcoming year.

According to the report, "this indicates a return to 80% of the pre-pandemic level recorded in 2019." In 2019, around 40 million people traveled to Thailand, one of the most well-liked tourist destinations in Asia. However, the COVID-19 pandemic nearly brought about the collapse of the tourism sector, forcing the kingdom to enact onerous and expensive entry regulations.

Thailand's tourism sector progressively improved this year, welcoming more than 10 million foreign visitors and bringing in more than 500 billion baht in revenue.

Celebrations were staged today to welcome travelers to the kingdom as Thailand passed the milestone of 10 million tourist arrivals. At the "Amazing Thailand 10 Million Celebrations" at Suvarnabhumi Airport on Saturday, Thai Prime Minister Prayuth Chan o-cha noted that reaching the 10 million visitor threshold before the end of the year is a definite indication of travelers' confidence in Thailand as a top travel destination.

It also represents the kingdom's long-standing position as one of the most well-liked vacation destinations worldwide, he added. Achieving the objective of 10 million visitors this year, according to Minister of Tourist and Sports Phiphat Ratchakitprakarn, is a significant accomplishment that shows how well Thailand's tourism industry has recovered. However, All parties involved must work cooperatively to accomplish this success.