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Saturday, April 27, 2024

Thailand News Today | Devastating economic damage from Covid restrictions

Tourism revenue has plummeted across each of the 77 provinces, according to data from Thailand’s tourism ministry.

A report revealed that income from both foreign and local tourism reached an historic low in 2021, dropping by nearly 70%. Meanwhile, the revenue gap between Bangkok and other major provinces remains wide.

In 2021, Bangkok posted revenue at 62.7 billion baht, a drop of more than 75%. Chiang Mai came in second place, at 23.3 billion baht, a drop of over 53%.

The southern island of Phuket was in third place, with revenue of over 21 billion baht, equating to a drop of over 80%.
The provinces of Nong Bua Lam Phu, Amnat Charoen, and Samut Sakhon were all at the bottom of the pile, with the lowest tourism income of 58 million baht, 139 million baht and 142 million baht, respectively.

Meanwhile, Thailand’s hotels remain concerned about the ongoing financial effects of the…

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