Chinese tourists boost Thailand’s hotel sector with rapid recovery

The number of Chinese tourists visiting Thailand is on a rapid recovery trajectory this month, a trend analysts predict will continue into the Chinese New Year on February 10. This resurgence is expected to provide a much-needed boost to local hotels during this peak season.

Statistics from December have shown a revival in visitors from key markets such as China, Russia, South Korea, and India, according to official data. In the first half of this month, average daily arrivals from China surged to 47% of the daily average during the same period in 2019, reported Boonyakorn Amornsank, an analyst at Maybank Kim Eng Securities (Thailand).

This analyst predicts that this upward trend will continue through to the Chinese New Year. However, he also points to the slow resumption of flight capacity for Chinese flag carriers as a potential risk to the Tourism…