In 2022, the gross provincial product (GPP) growth in Phuket grew by ***** percent compared to the previous year. Due to the heavy reliance of Phuket's economy on tourism, the absence of tourists in 2020 and 2021 had a significant impact on the province's GPP growth.

In 2022, the annual revenue growth of the tourism sector in Phuket, Thailand, increased by *** percent, compared to the previous year. In that same year, the revenue of Phuket's tourism sector amounted to around *** billion Thai baht.

In 2022, the tourism industry contributed around **** percent to Thailand's GDP, which increased from the previous year. In that same period, the total value of Thailand's GDP was almost ************ billion U.S. dollars. ​ Thailand's tourism industry has been heavily affected by the COVID-19 pandemic. However, it is currently recovering after the government relaxed COVID-19 regulations and promoted tourism. The economic contribution of travel and tourism in Thailand Thailand is recognized as one of the most popular tourist destinations worldwide. ​Travel and tourism play a significant role in supporting Thailand's economy. In 2022, these industries' contribution to the country’s GDP reached over one trillion Thai baht. Thailand's tourism industry also provided nearly ***** million jobs in the country, ranking fifth in terms of the highest number of people employed in the tourism industry in the Asia-Pacific region in 2022. Inbound tourism in Thailand Thailand's economy relies heavily on international tourism. The tourist economy of the country has been recovering steadily since the country allowed international tourist arrivals again in 2022. In 2023, Thailand welcomed around ** million international tourists, which was more than double the previous year. ​In that same year, the total revenue generated by international tourist arrivals in the country reached more than one hundred billion Thai baht on a nearly monthly basis, giving the country a total revenue of over one trillion Thai baht for the entire year.

In 2022, the gross provincial product (GPP) per capita in Phuket was around ****** thousand Thai baht, indicating an increase compared to the previous year. Due to the heavy reliance of Phuket's economy on tourism, the absence of tourists from COVID-19 had a significant impact on the province's GPP per capita, causing a notable decrease.

In 2022, the contribution from accommodation and food service activities to the gross provincial product (GPP) of Phuket in Thailand amounted to almost 590 billion Thai baht, which contributed the highest amount to Phuket's GPP. This was followed by the transportation and storage sector, with around 274.79 billion Thai baht worth of contribution.

The value of consumer expenditure on hotel accommodation in Thailand in 2019 amounted to approximately ***** billion U.S. dollars. Such expenditures had slightly increased compared to the previous year. In the same year, the restaurant and hotel sector contributed around *** billion Thai baht to Thailand’s GDP. Tourism has been one of the major contributors to the country’s GDP.

Hotels in Thailand 

The hotel industry in Thailand mainly relies on the tourism sector, which has shown an increase in revenue in recent years. Major Thai hotel chains include Centara, Erawan, Dusit, Onyx and Minor. Some of these chains, especially for Centara and Dusit in particular, have expanded internationally to other holiday destinations. More than half of the hotels in Thailand are mid-ranged or budget accommodation types, which is the result of a booming budget hotel industry.

Thailand as a Destination 

Thailand has become one of the top destinations for travelers around the globe. In 2018, Bangkok, the capital of Thailand, was the most visited city in the world in terms of international overnight visitors. The main tourist destinations in Thailand include Bangkok, Pattaya, Phuket and Chiangmai. When compared to other provinces, these destinations generated the highest revenue from the tourism businesses in recent years. As of 2019, Phuket had the highest number of tourism related businesses , which is unsurprising given that the city is well-known for its beaches, cultural old towns and a bustling night life.