The Bank of Thailand has cut its forecast for foreign tourist arrivals in 2022 because of the impact of the Omicron variant and government measures to restore mandatory quarantine for visitors entering the country from overseas, the Bangkok Post reported.
The central bank reduced its foreign tourist arrival outlook for 2022 from 6 million to 5.6 million. This figure is in line with the bank’s existing assessment regarding downside risks for tourism, BoT monetary policy committee secretary Piti Disyatat said.
Read the full report: Bangkok Post.
READ MORE:
Thailand Suspends Quarantine-Free Entry – Straits Times
Thai Reopening Put On Hold, Baht Rate Unchanged
Ford to Bolster Thai Plants with $900m Funding Boost
