Corona consequences in Thailand: 80 percent fewer tourists expected in 2020

Corona consequences in Thailand: 80 percent fewer tourists expected in 2020 – Thailand’s tourism industry is in a deep crisis.

The past year 2019 was a record year for Thai tourism. With around 40 million foreign tourists, never before have so many visitors come to Thailand in one year. Above all, there were Chinese tourists. But since the beginning of 2020, Chinese tourists have stayed away from Thailand. Just like most other vacationers.

The Corona crisis has hit the global travel industry badly. Worldwide travel restrictions, entry restrictions and travel warnings – Popular holiday countries like Thailand are in a deep crisis and it will probably take several years before the level of 2019, i.e. before Corona, is reached again.

Tourism in Thailand: After 40 million tourists in 2019, 8 million visitors are expected in 2020

Although there were relatively few corona cases in Thailand compared to many other countries, the Thai government took very restrictive measures. Tourism has been almost completely shut down and entry bans still apply to tourists who still want to travel to Thailand at the moment.

But it gets even worse: The tourism sector in Thailand generates around 12 percent of the gross domestic product. Experts expect the economy to slump by around 8 percent in 2020.

Shuttle Bus Nathon Pier Ko Samui

Emigrate to Thailand during Corona and a ailing Thai economy?

For some, now is the most inappropriate time to emigrate to Thailand. But every crisis also harbors certain opportunities. If you want to emigrate to Thailand to open a restaurant, bar or hotel there, you should probably think twice about whether this is the best time to do so.

But of course there are numerous other business areas that have little or hardly any negative effects from the Corona crisis and the lack of foreign tourists. Anyone who goes to Thailand with such a business could even benefit from the Corona crisis.