Thai people to spend 11.2 billion baht on New Year holiday travel: Authority

The Tourism Authority of Thailand (TAT) has forecast 3.14 million domestic trips during the upcoming New Year holiday, generating some 11.2 billion baht (323.23 million USD).
Thai people to spend 11.2 billion baht on New Year holiday travel: Authority ảnh 1Illustrative photo (Source: AFP/VNA)
Bangkok (VNA) – The Tourism Authority ofThailand (TAT) has forecast 3.14 million domestic trips during the upcoming NewYear holiday, generating some 11.2 billion baht (323.23 million USD).

Yuthasak Supasorn, the TAT governor, said the New Yearholiday from December 31 to January 2 will see a rise in the number of localtourists, especially in the northern regions, where 560,380 journeys areanticipated.

TAT predicts that the North, with the highest occupancy rateof 78%, will earn an income of around 2.05 billion baht, followed by theNortheast and East, with occupancy rates of 75% and 72%, earning 1.26 billionbaht and 3.88 billion baht, respectively.

The agency also expected some 700,000-800,000 foreigntourists to visit Thailand between Christmas and New Year, generating about 26billion baht in revenue. The number of foreigners will push the total volumethis year to 11.5 million, exceeding the 10 million target set earlier.

TAT aims to welcome 20 million foreign holidaymarkers in2023 for a revenue of 2.38 trillion bath./.
VNA

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