Tag Archives: tourism revenues

Lao Tourism Income To Decline At Least US$350 Million In 2020

Proudly contributed by Ton

Laos is expecting tourism revenues to fall by at least US$350 million (3,111 billion kip) this year with the sector to cut 2 percent off the nation’s gross domestic product (GDP). The COVID-19 outbreak is having a massive impact on the local tourism industry with the sector first to feel the full economic brunt of […]