Thailand Cuts Forecast for Foreign Arrivals – Bangkok Post

The central bank reduced its foreign tourist arrival outlook for 2022 from 6 million to 5.6 million. Photo: Reuters.

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.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.