News Forum - Chinese New Year spending in Thailand set to hit decade high

[Thaiger]

The upcoming Chinese New Year festival, set to start on Thursday, February 8, is predicted to witness the largest financial outlay by Thai locals in over a decade, thanks to the nation’s economic resurgence following the pandemic’s impact. The annual survey conducted by the University of the Thai Chamber of Commerce (UTCC), monitoring consumer expenditure … …

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[WilliamG]

The festival is expected to attract between 800,000 to 1 million international visitors to Thailand, contributing an additional 5-10 billion baht to the national economy.

Someone tell me that my maths is incorrect when I say that if it is 1 million visitors contributing Bht 5 - 10 billion, it is Bht  5 - 10,000 per visitor.

 

[Sparrows]

On 2/6/2024 at 7:32 PM, WilliamG said:

Someone tell me that my maths is incorrect when I say that if it is 1 million visitors contributing Bht 5 - 10 billion, it is Bht  5 - 10,000 per visitor.

I found that odd too, 5000 to 10000 baht per visitor? Whoop de doo. They can’t be excited about that, can they?