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tourist spending
Thailand's tourism revenue forecast to slump 20% in 2025
Thailand's tourism sector is facing a significant post-pandemic challenge, with the Tourism Council of Thailand (TCT) forecasting that revenue from foreign visitors in 2025 will fall by over 20% compared to pre-Covid levels.
Asia's leading beach country now VAT-free for foreign tourists
Da Lat attracts many visitors but struggles to boost tourism revenue
World's most favorite travel destination sees record-high tourism spending at $52B
Spending by international visitors in Japan, named the world's most favorite travel destination by readers of Condé Nast Traveler, surged 53% last year to a record high of 8.14 trillion yen (US$52 billion).
February 17, 2025 | 03:46 pm PT
Quiz: Which Asian country spends most on international tourism?
Tourists from this Asian country spent US$196.5 billion on international tourism in 2023, according to the United Nation's UN Tourism agency.
July 28, 2024 | 02:57 pm PT
Chinese retake mantle of world's biggest tourism spenders
Chinese tourists regained their status as the world's biggest tourism spenders, with their expenditure abroad last year topping US$196.5 billion, according to a report by the World Tourism Organization.
June 5, 2024 | 10:35 pm PT
Australian tourists are world's biggest nightlife spenders: report
Australian tourists are the world's biggest spenders on experiences and nightlife services as they spend 19% of their holiday cash on these activities, higher than the global average of 12%, a report has found.
June 3, 2024 | 11:27 pm PT
HCMC should follow Singapore, South Korea's duty-free example to boost tourist spending: experts
Ho Chi Minh City could learn from major South Korean metropolises and Singapore by opening more duty-free shops in busy areas and airport terminals to boost foreign tourist spending, insiders said.
May 22, 2024 | 10:34 pm PT
Chinese tourists biggest spenders in Singapore: report
Chinese tourists spent a total S$2.3 billion (US$1.7 billion) while traveling in Singapore last year, making them the biggest spender in the city state.
February 1, 2024 | 06:00 am PT
American tourists a 'golden mine' Vietnam yet to tap
The U.S. is the third biggest source of visitors and considered a 'golden mine' for Vietnam's tourism but experts said the market's potential has not yet been fully exploited.
September 8, 2023 | 08:00 pm PT
American tourists spend more money than Europeans in Thailand: survey
Americans spend an average of 96,269 baht (US$2,887) per person while traveling in Thailand, higher than European visitors, who spend $2,684, a survey shows.
February 3, 2023 | 06:44 pm PT