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Thailand eyes US$600mil tourism boost with travel subsidies

BANGKOK: Thailand is targeting more than 20 billion baht (US$602 million) in additional tourism spending with a domestic travel stimulus aimed at shoring up a key economic engine hit by weaker foreign arrivals and higher energy costs.

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泰国计划通过旅游补贴刺激6亿美元旅游业发展

FILE PHOTO: Domestic travelers in Thailand will receive co-payment vouchers worth as much as 2,000 baht for restaurants, spas, shops and tourism activities. - S Medical Spa

BANGKOK: Thailand is targeting more than 20 billion baht (US$602 million) in additional tourism spending with a domestic travel stimulus aimed at shoring up a key economic engine hit by weaker foreign arrivals and higher energy costs.

The government plans to spend around four billion baht to subsidise hotel stays and other tourism expenses, according to Tourism and Sports Minister Surasak Phancharoenworakul. The package, covering one million entitlements, is expected to go before the cabinet on Sept. 22.

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