#TourismEconomy

Thailand’s tourism industry, long reliant on a steady influx of Chinese travellers, is now undergoing a major strategic shift as arrivals from China continue to disappoint, prompting the kingdom to intensify efforts to attract visitors from Southeast Asia and the Middle East. Recent statements from the Tourism Authority of Thailand (TAT) reveal that the agency has lowered its 2025 forecast for foreign arrivals to 35 million—a significant drop from the previous target of 40 million—due primarily to the underwhelming recovery of the Chinese market. This new reality is reshaping both marketing and investment priorities for Thailand’s second-largest economic sector, with implications for businesses, workers, and communities nationwide (South China Morning Post; Bloomberg).

As the world prepares for another bustling summer travel season, a new report from the Mastercard Economics Institute reveals a striking trend: more than half of the top 15 fastest-growing travel destinations are in Asia, with Japanese cities leading the global surge in interest (CNBC). For Thai travelers, as well as the country’s tourism industry, these findings highlight changing dynamics that will influence how—and where—Thais travel, as well as the potential for attracting more regional visitors to Thailand itself.