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Sunday, May 5, 2024

Revenue likely to miss target by B300bn

A night view of Rama VIII bridge, which is the setting for a light show called Vijit Chao Phraya.

Tourism revenue this year is likely to tally 2.07 trillion baht, missing the target set by the state by 300 billion baht because of sluggish international receipts, according to the Tourism Authority of Thailand (TAT).

TAT governor Thapanee Kiatphaibool said the number of foreign arrivals this year exceeded 25 million as of Dec 3.

However, revenue from foreign arrivals was only 1.07 trillion baht as of Dec 3, significantly lower than the state target of 1.6 trillion baht for the whole year.

She said the agency estimates 2…

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