The comments come as the Thai baht depreciates against the US dollar and is about to pass the ฿36 to the dollar mark as the kingdom still struggles to recover its lost foreign tourism industry even though momentum is rising. The World Bank estimates that it will be 2026 before a full recovery is achieved in the sector while the Tourism Authority of Thailand (TAT) is only aiming for 50% occupancy this year for reopened hotels and is aiming for just over 50% of former foreign tourist numbers next year with 22 million visitors projected.

https://www.thaiexaminer.com/thai-news-foreigners/2022/07/05/anutin-halt-foreign-tourism-price-deals-premium-louis-vuitton/

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