Thailand’s tourism sector has witnessed strong rebound, as evidenced by the significant surge in new registrations for tourism-related businesses during the initial four months of this year.
The Ministry of Commerce revealed yesterday that the number of new tourism-related business registrations had doubled year-on-year, reaching 2,579 in the first four months, with a total registered capital increase of 135% to 6.66 billion baht. The primary businesses in this sector include foreign currency exchange, travel agencies, tour guides, restaurants and food enterprises, and hotels, resorts, and serviced apartments.
Commerce Minister Jurin Laksana-wisit attributed this growth to the country’s economic recovery and the positive outlook for its tourism industry, which has been reinforced by increased consumer and business confidence indices.
In the first four months,…
