Thailand tourism changed forever – Pattaya Mail

Bangkok – Last week the Thai government Minister’s speech shows me that tourism will never be allowed to recover to previous levels. The writing is definitely on the wall, windows and front door, that there has been a major policy shift in government thinking by PM Prayut Chan-o-cha’s cabinet.

In a deeply worrying development for Thailand’s massive Travel & Tourism industry, which last year generated a huge Bt 2.2 trillion of income (US$ 55.2 billion), and accounted for 20 per cent of GNP and 10 per cent of all jobs in Thailand, the Deputy PM Supattanapong Punmeechaow said that the country relied too much on tourism and that this was unacceptable.

This must be as worrying for property developers as well as investors. If the 39 million tourists that Thailand received last year in 2019, is never to be repeated, why do we need to continue…