Monthly Archives: July 2020

THAILAND: 60% OF TOURISM BUSINESSES THREATENED IF BORDERS DO NOT REOPEN BY THE END OF THE YEAR

Proudly contributed by Ton

Tourism has been at a standstill for four months and many countries are starting to get nervous. In Thailand, where the industry accounts for 18% of GDP, foreign arrivals could drop by 80% by the end of 2020, driving 60% of tourism businesses to bankruptcy for lack of activity. Faced with the near-total shutdown of […]