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Pattaya Business Supplement - Feb 2017

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BUSINESS SUPPLEMENT<br />

THAILAND TO INCREASE ITS<br />

TOURISM TARGETS<br />

Thailand’s <strong>2017</strong> tourism revenue<br />

target has been increased to 2.71<br />

trillion baht, from 2.5 trillion earlier<br />

last year, by the Tourism and<br />

Sports Ministry, a rise of some 8.2<br />

per cent.<br />

From this figure, 1.78 trillion baht<br />

is expected to come from foreign<br />

tourists and 930 billion baht from<br />

domestic tourism, an increase of<br />

7.5 per cent.<br />

Of particular interest was the expected<br />

rise in visitors from the<br />

neighbouring countries of Cambodia,<br />

Laos, Myanmar and Vietnam,<br />

collectively known as CLMV.<br />

In part this is likely to be due to<br />

the rising incomes and improving<br />

economies in those countries.<br />

CLMV is expected to account for<br />

96.7 billion baht of international<br />

visitor revenue, up twenty per<br />

cent on the previous year. Thai-<br />

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