Can Thailand Still Rely On Tourism To Repair Post-COVID Economy? | Insight | Southeast Asia
Before the pandemic, tourism accounted for almost one fifth of Thailand’s economy. But COVID-19 brought all that to a halt, as visitor numbers fell by almost 99%. Thailand is banking on the revival of tourism to jump start its post-pandemic recovery. With the removal of its mask mandates and relaxation of its border policies, the Land of Smiles is hoping to woo visitors back. But persisting restrictions on Chinese travellers and global inflation could take a toll on the growth of international visitors. Will the reliance on tourism prove a bad move?