Thailand’s tourism stocks are poised to benefit from the growing foreign arrivals in the kingdom.
According to tourist arrival data, weekly foreign tourist arrivals surged 6.7%. During April 21-27, Thailand recorded 569,532 of foreign tourists in total. Meanwhile, weekly Chinese tourist arrivals climbed 40.9%.
Still, analysts have noted that the high growth came from a very low base of Chinese arrivals and year-on-year growth may still see negative numbers.
Thailand saw an overall increase in tourists during the first quarter of 2025. The Ministry of Tourism and Sports reported a total of 9,549,004 foreign tourists between January 1 and March 31, 2025, marking a 1.91% increase and generating 462.747 billion baht in revenue. The largest group hailed from China with 1,331,434 visitors, followed by Malaysia (1,153,496), Russia (722,202), India (543,770), and South Korea (497,930).
Notably, Thailand still saw significant growth in arrivals in the first quarter from Europe (+17.71%), America (+15.10% ), Middle East (+15.17%) and Africa (27.60%) compared to the same period of last year.
