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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