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News Forum - Songkran expected to boost Thailand’s economy with billions


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The Songkran festival in Thailand this year is anticipated to bring between 140 and 200 billion baht into the country’s economy. The festival, which has been recognised as an Intangible Cultural Heritage event by Unesco, is predicted to attract 10 million international visitors who will contribute 11.8 billion baht to the total spending. In light … …

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Look at where the tourists are coming from.  Except for South Korea, the countries are not noted for high-end spenders.  It should be noted that China is facing economic challenges, while tourists from India are careful, conservative spenders. The high end spenders will not subject themselves to poor air quality. They will vacation somewhere else.

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