Outlook for 2024 travel less than rosy
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…