Deaths prompt Asia market sell-offA screen of red seen at Asia Plus Securities headquarters on Sathon Road. Visitors from China, Thailand's biggest source of tourists, rose by 4.4% year-on-year to 10.99 million in 2019, according to the Tourism and Sports Ministry. Tourism revenue generated from Chinese tourists totalled 504.2 billion baht as of November last year. Chinese visiting Thailand via group tours totalled 3.1 million in 2019, making up 28% of total inbound Chinese tourists in Thailand, according to the Association of Thai Travel Agents. Airports of Thailand Plc will see an impact as lower Chinese arrivals deal a blow to passenger service facility charges and parking fees, MBKEST said.

Source: Bangkok Post January 28, 2020 00:00 UTC