Thailand Tourism to hit $50 billion in 2017

Bangkok cityscape. Bangkok night view in the business district. at twilight

2017 anticipates a big year for Thailand’s tourism industry.

According to Reuters this year’s revenues from foreign visitors are expected to increase by 8.5 percent to a whopping to 1.78 baht ($49.8 billion).

Deputy Prime Minister Thanasak Patimarakorn told Reuters that Thailand’s improved global tourism measures, and investments in infrastructure are significant contributors to the expected revenue rise.

He added that foreign visitors are likely to increase their daily spendings to 5,300 baht compared to 5,100 baht in 2016.

Last year, visitors to Thailand increased by 9 percent from 2015 with 32.6 million people visiting the country. With revenues anticipated to grow, Thailand can expect more foreign travellers to arrive in 2017.

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