We never thought that we would see Thailand’s rare decline in tourism this year. In recent survey, as most Chinese nationals stayed away. Thailand suffered a plunge in the arrivals of tourists last year. This making the country’s economic outlook a little foggy. This decline is a risk for the growth of the country as the Chinese are the source of foreign receipts in tourism. Which is estimated to be one-fifth of Thailand’s economy.
In a past sad event in Phuket, a tour boat accident left dozens of Chinese tourists dead and has affected the increase of visitors after citing safety concerns which continues to damage Thailand’s image. The strength of the baht and the slowing down of the Chinese economy has been blamed despite the worsening tension in trade with the United States.
Thailand’s military government is looking for ways to entice tourists such as declaring a temporary visa-free entry for a wider range of foreign nationalities. Overall arrivals are expected to reach 40 million this year – from 38 million last year.
The National Economic and Social Development Board expect the Thai government to do everything in order to win back majority Chinese tourists, after the report of having the weakest Thai economic growth since 2016. Many other nationalities have come to visit Thailand for tourism, however, every year it varies. However, Thailand’s Tourism sector has a history of bouncing back from every setback. 2020 with Covid 19 might be another issue.
When visiting Thailand it is always best to obtain a Thai visa before you arrive in Thailand. If you are going to retire then a Thai retirement visa will provide an option for those over the age of 50 and a Thai marriage visa for those married to a Thai visa or who have dependent children in Thailand.