Foreigners Arrive in Thailand Surpass 12.4 Million Thanks to Double Digit Growth in Chinese Visitors

Thailand had over 12,400,000 international arrivals so far this year, with over 520,000 arriving during the third week of June alone, or an average of nearly 75,000 per day, according to official data released on Tuesday.

According to the Ministry of Tourism and Sports, Thailand received 523,794 international tourists between June 19 and June 25, with visitors coming predominantly from China, Malaysia, India, South Korea, and Vietnam.

The influx of international visitors has been consistent with projections over the past seven days. With a surge of 15.34%, Chinese travelers are once again outnumbering their Malaysian counterparts as the most popular visitors to Thailand, while the number of visitors from the Middle East rose by 78.14%.

Passenger traffic at six airports managed by Airports of Thailand (SET: AOT) rose to 72.1% of pre-pandemic levels in the first three weeks of June, data that was cited by Krungsri Capital Securities as evidence that the tourism industry continues to keep expanding. 

Krungsri anticipates a total of 12.7–12.8 million international arrivals in the first half of 2023, putting it on track to meet its annual tourist goal of 28–30 million.

AOT, ERW, MINT, CPAXT, CRC, and ADVANC are among the expected gainers.