The World Tourism Organisation (UNWTO) has revealed Thailand to be the world’s highest ranking countries for tourism receipts growth this year, according to new data.
The UNWTO World Tourism Barometer ranked Thailand first out of the 25 largest international tourism earners, with growth of 28 percent year-over-year, The Nation reported.
While the overall number of international arrivals grew to 845 million worldwide in the first nine months of this year, the greatest growth was realised in Europe and the Asia Pacific, with both regions posting a six percent increase in international visitor arrivals, compared with the same period last year.
Visitor arrivals to Thailand are expected to grow to 27 million next year, with India and Indonesia promising to be lucrative markets due their population and economy boom, while Japan, Hong Kong, Taiwan, Malaysia and Singapore figures are forecast to remain flat.
“International tourism continues to grow above expectations, supporting economic growth in both advanced and emerging economies and bringing much-needed support to job creation, GDP and the balance of payments to many destinations,” UNWTO secretary general Taleb Rifai said.