Thailand relies on colossal Indian weddings to boost revenue

Synopsis: We all know that Thailand is a popular place among couples for a destination wedding. For a long time, wedding planners have been impressed by all those romantic rituals arranged by the sea, the ear-pleasing music playing in the background, and the soothing decor. 

 Thailand news, Indian wedding, Boost tourism revenue, Latest travel news, Tourism industry, Thai news

Thailand is a beautiful island country with plenty of beaches on the coastline and beautiful ancient temples on the mainland. It is one of the most sought-after destinations among couples as well as for bachelors. Thailand is the first choice of would-be couples for a wedding destination. After all, Thailand has it all from pristine beaches to tempting cuisine to grab the attention of wedding planners. 

If you are planning for a destination wedding on the beach side, then here is the good news for you. Thailand is expecting to boost its tourism revenue through Indian weddings, for which they are providing attractive discounts on wedding planners. 

In the previous month, Thailand officials anticipated receiving 10 million tourists by the end of the year, and to lure tourists, they introduced a digital pass to boost the revenue. 

The country’s economy, which depends heavily on tourism and big events, was severely harmed by the COVID-19 pandemic. Currently, the stunning Southeast Asian country is counting on lavish Indian weddings to boost its economy.

As we all know, Thailand’s economy is heavily dependent on tourism, which accounts for about 9% of GDP. In 2019, tourists spent $37 billion (Bt) in the country, contributing to its economic growth. However, despite the increase in tourist arrivals, the government expects the number of foreign visitors to fall abominably in 2020 and 2021 due to the Covid-19 pandemic. 

In order to grow its tourism industry, Thailand is now attempting to tap into “pent-up demand” from the Indian wedding industry. Thai government representatives have formed a team with Indian wedding coordinators to make this possible. They predict an increase in revenue of between INR 1,30,886 and 1,52,700 crores (roughly THB 600-700 billion).

To make this possible, they are improving the quality of service provided to travelers, the Ministry of Tourism has partnered with travel agencies to provide online booking services. 

According to the World Travel & Tourism Council, Thailand’s tourism industry was ranked among the top 10 countries in terms of the value of tourism receipts.

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