Amid escalating tourist arrivals and robust economic recovery, Thai tourism-associated enterprises have been reaping lucrative rewards, particularly in the fields of foreign exchange, travel agencies, tour guides, dining establishments, and the accommodation industry. Such industries have experienced impressive growth within the initial five months of this year, as revealed by data garnered through the Business Development Department of the Commerce Ministry.
Tourism-related businesses emerged as key contributors, making up an 8.10% share in newly-set-up businesses, which marked a 96.6% uptick within the first five months. A spectacular surge of 389% was clocked in the realm of foreign currency exchange businesses, while travel agencies experienced a growth of 281%. Tour guide businesses didn’t lag either, with a notable 225% growth. Meanwhile, with a…
