Monday, October 7, 2024 Thailand’s tourism industry celebrates a historic 2024 milestone with record-breaking domestic travel growth, despite facing global challenges and environmental concerns. Thailand’s tourism industry is on the verge of a remarkable resurgence as travel trends highlight a significant recovery in domestic travel and hotel occupancy rates. A surge in local travel is driving growth, with over 136 million trips recorded in just the first half of the year, marking a 21% increase compared to pre-pandemic levels.
According to a report by Krungthai Compass, international arrivals are also on the rise, although they have not yet fully reached 2019 levels. Nevertheless, these numbers signal a positive outlook for the tourism sector. Occupancy rates across Thailand have surged to an impressive 72.
6%, with Southern Thailand’s luxury resorts being a key contributor to this recovery. Alongside this, the average daily rate for hotel stays is also climbing, with forecasts predicting further increases in the coming years. While international tourist numbers remain below pre-pandemic levels, the sector is expected to generate a total of 15 billion baht by year-end, reinforcing the idea of a robust rebound.
In a major development for Bangkok’s hospitality landscape, Langham Hospitality Group has revealed plans to restore two historic buildings in the Bang Rak district. These heritage sites, including the old Customs House and the former Post Office, will be transfo.