driven by global trade recovery and well-performing trading partners’ economies. Also, tourism sector robustly expanded, reflected from an increasing number of international tourist arrivals especially

customers. The number of daily foreign tourist arrivals through 5 major airports decline by dropping 63% from the same period last year. (source: International Tourist Arrivals to Thailand January-March 2020

debt and low agricultural prices continued to have an adverse effect on purchasing power. Tourism has been dampened by the deterioration in Chinese tourist arrivals during the first half of 2019. The

borders of many countries around the world since March 2020 resulted in drastically drop of international tourist arrivals. The latest forecast from the World Tourism Organization (WTO) in May showed a

tourist arrivals will be down by 20%- 30% to 1.02-1.17 billion in 2020 compared to 1.46 billion in 2019. For Thailand, the Ministry of Tourism and Sports reported 6.7 million international tourist arrivals

countries. The tourism sector has been adversely affected by a contraction of Chinese tourists’ arrivals while private investment has been expanding at a slower rate. Although private consumption has

measuring consumers’ confidence on current economic situation and the next 6 months. The number of foreign tourist arrivals in second quarter and first-half registered an 9.1% and 12.5% growth respectively

arrivals for the first quarter of 2019 declined 1.5% yoy with the number of Chinese tourists which contribute almost 29% of total tourist arrivals exhibited a decline of 2.1%. Although the economy is showing

, a number of international tourist arrivals grew by 19.5 percent in last quarter of 2017, compared to the same period last year. The major growth was supported by from Southeast Asia and East Asia

of 2018, the number of international tourist arrivals increased by 3.2 percent from the same period last year. Tourists from South Asia had the highest growth rate at 7.1 percent followed by Africa at