Thailand Attracting High-Spending Tourists: Em District

Despite the economic uncertainty, Em District, the retail operator, witnessed growth from high-spending customers at its three malls in the final quarter of 2023. The chief executive, Kriengsak Tantiphipop, confirmed that Thailand continues to attract foreign tourists, leading to increased footfall from both local and international visitors, particularly high-spending independent tourists.

Kriengsak observed that while the influx of Chinese tourists hasn’t reached the 2019 level, most visitors were high spenders. There is an expectation of continued retail buoyancy into the first quarter, driven by the pent-up travel demand post-pandemic. He also predicted a rise in foreign visitors this year as flight operations gradually return to the pre-pandemic levels.

Em District expanded its retail space with the recent opening of EmSphere, its newest mall. This addition to The Emporium…