Sunday, September 8, 2024 Thai tourism operators warn the new minister to prepare for a potential 2025 economic downturn and rising competition, urging continuation of key tourism strategies. Thailand’s tourism sector, a major economic pillar, faces a potential downturn in the coming year, according to leading tourism operators. Industry experts have urged the newly appointed Minister of Tourism to brace for a sharp economic decline and heightened global competition.
They advise immediate action to prepare for a worst-case scenario, recommending a focus on strategies that have already proven successful in boosting tourism numbers in the country. The New Minister’s Background The new Minister of Tourism has a significant political background, representing Sa Kaeo province. As he steps into his new role, tourism industry leaders are watching closely, urging him to make the necessary preparations for what could be a challenging year ahead.
The tourism industry has long been the backbone of Thailand’s economy, contributing significantly to its GDP and providing employment to millions. A Bright 2024 for Tourism, but Concerns for 2025 The number of foreign tourist arrivals in Thailand this year is expected to reach the government’s target of 38 million. The tourism industry had shown strong resilience and recovery in 2024, largely due to policies implemented by the previous administration, which prioritized tourism as a key driver of economic growth.
The sector benefitted f.