Thailand recorded a decline in foreign tourist arrivals from January 1 to September 7, 2024, with numbers falling 7.11% compared to the same period last year, according to the Tourism Ministry. The country welcomed 22.39 million international visitors during this period, highlighting ongoing challenges for its key economic sector.
China remained Thailand’s largest source of visitors, contributing 3.16 million arrivals, reinforcing the importance of Chinese tourism for the country’s travel industry. Other major markets include neighboring ASEAN nations, Europe, and the United States, though recovery in some regions has been slower than expected.
The weaker inflow prompted Thailand’s state planning agency to cut its annual forecast for international arrivals. In August, the agency revised its projection down to 33 million from the earlier estimate of 37 million. This revision underscores concerns about slower global travel demand, regional competition, and external economic pressures affecting tourism spending.
Thailand had set an ambitious target of recovering close to pre-pandemic levels, when nearly 40 million tourists visited in 2019. However, the latest figures indicate that the road to full recovery remains challenging. Factors such as currency fluctuations, higher travel costs, and regional geopolitical tensions are weighing on the tourism sector.
The government continues to roll out initiatives to attract more visitors, including easing visa requirements, expanding flight connectivity, and promoting high-value tourism experiences. Tourism remains one of Thailand’s most vital industries, contributing a significant share to GDP and supporting millions of jobs.
Despite the current setback, analysts expect visitor numbers to pick up in the final quarter, driven by the holiday season and increased arrivals from China and other Asian markets. Whether Thailand can hit its revised target of 33 million tourists in 2024 will depend on sustained policy support and global travel trends.


U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Australian Household Spending Dips in December as RBA Tightens Policy
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 



