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Tourism not expected to bounce back until 2026, warns government

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Grim news for tourist-dependent areas such as Phuket as the government has cautioned it could be another half decade before the tourist industry is fully revitalized. 2 years ago, prior to the pandemic, tourism comprised around 21% of Thailand’s GDP, taking in 1.8 trillion baht in revenue. However, the National Economic and Social Development Council said Monday predicts Thailand won’t see similar numbers for 5 more years. A jump of 3 years from what experts predicted it would take the tourist sector to recover. In between now and 2026, it is expected that 7 million workers will be affected. This […]

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