TAT predicts 80% plunge in arrivals - News Summed Up

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TAT predicts 80% plunge in arrivals


TAT predicts 80% plunge in arrivalsA new forecast by the Tourism Authority of Thailand (TAT) says the number of foreign tourists this year may plunge 80% to 8.2 million as revenue slides to 396 billion baht, with international air traffic regaining just 10% of the pre-pandemic schedule. The latest forecast issued on July 1 is based on the current situation in which Thailand welcomed 6.7 million tourists from January to March. From April 3 to June 30, there were no international arrivals as the Civil Aviation Authority of Thailand (CAAT) imposed a flight ban. Thailand expects 14-16 million arrivals this year. After recording zero tourist arrivals and revenue in the second quarter, Thailand may welcome 300,000 international arrivals in the third quarter, down 96% from the same period last year, with revenue of 12.4 billion baht, down 97%.


Source: Bangkok Post July 07, 2020 23:26 UTC



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