Thailand is back in business baby! With the Thailand Pass now a thing of the past, those that rely on tourism here in the Kingdom are beyond excited for the return of what will hopefully be a solid amount of tourists over the balance of the year and leading into 2023.Â
9.3M Tourist Arrivals Expected For 2022
In its most recent estimates, Thailand’s Ministry of Tourism and Sport predicts that the balance of this year will bring more than 7 million travellers to Thailand. Since January 1st, the Kingdom has welcomed just under 2 million visitors as part of the now expired Thailand Pass program, which ultimately resulted in 114 billion baht (USD $3.2 billion) in tourism related revenue. The government is expecting a 10x increase in this figure to 1.27 trillion baht (USD $35.7 billion) by the end of the year. Projections show that there will be 2.7 million arrivals in Q3 followed by another 4.5 million in the fourth quarter high-season, reaching a total of 9.3 million tourist arrivals for the calendar year.Â
The majority of international flight arrivals throughout June have come from India, Singapore, Malaysia, Vietnam, and the US. The Southern part of the country has especially seen a spike in arrivals with many of Phuket’s daily routes from Malaysia, Singapore, and India being fully booked. The day that the Thailand Pass program ended, Phuket saw an immediate jump from 7000 daily arrivals to upwards of 9000.Â
Our Take
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