|As per a recent report “Opportunities in Thailand Tourism Industry (2007-2009)" published by RNCOS, it has been found, “Growing at a CAGR value of around 7.71% for the period spanning 2007-2011, tourism arrival in Thailand would reach almost 20.03 Million by the year 2011.”
Thailand has emerged as one of the tourists’ hot spots throughout the globe. And, the contribution of tourism industry can’t be overlooked in the rapid growth that the Thai economy is witnessing at present.
Tourism authorities in Thailand and Vietnam have launched an ad campaign to further promote tourism between the two countries. Tour companies, hotels, tourist services, and various travel agents, etc are supporting the campaign, which is expected to result in the exchange of approximately one million tourists per year between the two nations.
According to RNCOS report on “Opportunities in Thailand Tourism Industry (2007-2009)", “Growing tourists influx over the past few years is a direct result of various aggressive promotional campaigns that the Thai Tourism Authority keeps on launching to lure more tourists from across the globe. Celebration of the 60th anniversary of the king accessing the great throne of Thailand was another major contributor in promoting the country as a tourist destination across the globe. About 13.82 Million tourists visited the country last year (2006), representing a rise of 20% from previous year (2005).”
This report looks into the details of Thai tourism industry. It provides the client with key information about the industry, such as the position of Thai tourism industry with respect to the ASEAN tourism industry, opportunities and challenges before the tourism industry in Thailand, and so on.