Tourism stocks edged higher on Tuesday following a stellar figure of increasing tourist arrival growth for Thailand in the first two months of 2025.
As of 12:01 BKK time on March 4, 2025, the share price of Airports of Thailand Public Company Limited (SET: AOT) rose 1.78% to THB 43.00 per share. Minor International Public Company Limited (SET: MINT) increased 0.87% to THB 29.00 per share. Meanwhile, The Erawan Group Public Company Limited (SET: ERW) gained 2.50% to THB 3.28 per share, and Central Plaza Hotel Public Company Limited (SET: CENTEL) edged 0.76% higher to THB 33.00 per share.
Thailand’s Tourism Ministry announced that from January 1 to March 2 of this year, foreign tourist arrivals in Thailand increased by 5.9% compared to the same period a year ago. The total number of foreign visitors during this period was 7 million, with 1.1 million arrivals from China, as reported by the ministry.
Thailand’s National Economic and Social Development Council, in its February forecast, projected that there would be 38 million foreign tourists visiting Thailand in the year 2025. This estimate comes after Thailand welcomed nearly 40 million visitors in 2019, before the onset of the pandemic.
