The Baht Is ‘Frightening’ Thailand’s Tourism Industry

  • Tourism Council of Thailand says currency weighing on sector
  • Council adds arrivals may fall short of expected 40 million

Tourists visit the Wat Rong Khun temple in Chiang Rai, Thailand.

Photographer: Brent Lewin/Bloomberg
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One of the main groups monitoring Thailand’s tourism industry said it’s too early to expect a revival in the sector despite a recent spike in arrivals.