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Wednesday, May 1, 2024

Travel trends still sluggish

Outlook for 2024 travel less than rosy

As of the third quarter, the number of outbound Thais this year tallied only 5 million, according to a government report. (Photo: Wichan Charoenkiatpakul)

This year could prove a disappointment not only for inbound tourism, with a weaker recovery than expected, but also for outbound tourism as only 60-70% of the total of Thais that travelled overseas in 2019 are slated to do so in 2023.

Weighed down by household debt, high living costs and a downturn in the stock market, most Thais prefer to save money instead of spending on…

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