Tourism Thailand Cuts Estimated Revenue Growth Rate

Tourism Authority Says the Slowdown has been caused by global slowdown, strong baht and rising fuel prices.

Tourism Thailand Cuts Estimated Revenue Growth Rate

BANGKOK – Thailand’s Tourism Authority of Thailand (TAT) has cut its estimate for tourism revenue growth for 2019 from 10% to 9.5%, attributing the set back to the global slowdown, strong baht and rising fuel prices. The number of tourist arrivals this year is now estimated at 40.2 million, far short of the 41.3 million […]