Tourism Industry Performance - Thailand's foreign tourist arrivals decreased by 725% year-to-date, totaling 2625 million [1] - The Tourism Authority of Thailand anticipates a 6% year-on-year decrease in foreign tourist arrivals this year, marking the first annual decline in a decade excluding the pandemic period [1] Economic Factors - Safety concerns and a relatively strong Thai Baht exchange rate have suppressed tourist demand from major markets like China [1] - Analysts suggest that weak Thai tourism demand and sluggish merchandise exports will limit the appreciation potential of the Thai Baht [1]

Tourism Industry Outlook - The Tourism Authority of Thailand projects a 6% year-over-year decrease in foreign tourist arrivals this year [1] - This decline marks the first annual decrease in a decade, excluding the pandemic period [1] - Safety concerns and a strong Thai Baht are factors suppressing tourist demand from key markets like China [1] Currency & Economic Impact - Analysts suggest that weak Thai tourism demand and sluggish merchandise exports will limit the appreciation potential of the Thai Baht [1]