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Bangkok Post
Bangkok Post
Business

THE TRUTH ABOUT: Operators awaiting b1 03bn stimulus - The Untold Story

The tourism industry is awaiting a marketing stimulus budget of around 1.03 billion baht to help generate 265 billion baht in tourism receipts as a booster for the local economy this year.

Tourism Authority of Thailand (TAT) governor Yuthasak Supasorn said the agency held a workshop with tourism operators last month and concluded with a stimulus plan for both the international and domestic market in 2022.

"We cannot wait for organic growth as there are too many setbacks in the second half, led by inflation and insufficient seat capacity. The additional plan under the budget of 1.03 billion baht will help strengthen the private sector, such as hotels, airlines, tour bus and tour operators, which is the essential part to bring back tourists and sustain the overall economy," he said.

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