Skip to content
DomainFork
Markets
MarketsCompaniesCryptoCommoditiesIslamic FinanceEconomicsGreen
Money
MoneyProperty
Malaysia
MalaysiaPoliticsNews by stateASEANAsiaWorld
Society
Crime & CourtsHealthEducationHistoryCulture & HeritageTrending Online
Civic
Government & LeadershipCauses & CampaignsESGEntertainment
Tech
TechStartupsOpinion
Intelligence
Daily BriefingFilings & Disclosures
More
LiveIn depthWeekend issueGraphicsSentiment indexExplainersNews quizWatchlistSend us a tipHelp centre
Media
VideoAudioLifestyleSports
Breaking
F1 surge in hotel demand sees Sepang accommodation searches spike 1,600-fold ahead of 2026 race, Chuah Chee Hwai saysMalaysia vs Singapore: Where to watch, TV channel, live stream & kick-off time | FIFA ASEAN CupPalace defends BSKE postponement, prepared for Supreme Court challengeFirst flight, orphan creates sweet memory Sofia Nasir Oct 1 2026Tiny image sparks big backlash in Nikon photo contestIndonesia, Brunei, Malaysia, Singapore Propose Zapin Dance for UNESCO Cultural HeritageAustralia's Lynas makes takeover bid for Brazil's Meteoric ResourcesHow Marilyn Manson’s Alleged Abuse Scandals Fade Into Obscurity Despite His Anthemic StatusKim So-hyun and Choo Young-woo discuss their new drama Between Steps, their confidence in the director, and more[DECODED] No, this ‘handsome’ Duterte grandson is not realHan Sun Hwa and Chang Ryul's chance reunion leaves them curious about each other in “The Table: Day and Night”East of Eden Review: Florence Pugh Dominates Netflix’s Steinbeck AdaptationLIVE UPDATES: Impeachment trial of Vice President Sara Duterte12 New K-Dramas To Check Out In October 2026Live: FlyDubai suspends flights to and from Israel after pilot attack4 Challenging Moments For Lee Jun Hyuk And His Team In Episodes 5-6 Of “The Ordinary Jackpot”Opinion: Islamic finance can support AirAsia’s restructuringSoutheast Asia Climate Outlook Survey (2026): Measuring Public momentum in regional Climate transitionSmiles and respect as Fury and Joshua have their first face-off ahead of DecemberAfter a decade, the UN’s Antonio Guterres is stepping down. His legacy will be mixed, at best Simon Adams, Murdoch UniversityF1 surge in hotel demand sees Sepang accommodation searches spike 1,600-fold ahead of 2026 race, Chuah Chee Hwai saysMalaysia vs Singapore: Where to watch, TV channel, live stream & kick-off time | FIFA ASEAN CupPalace defends BSKE postponement, prepared for Supreme Court challengeFirst flight, orphan creates sweet memory Sofia Nasir Oct 1 2026Tiny image sparks big backlash in Nikon photo contestIndonesia, Brunei, Malaysia, Singapore Propose Zapin Dance for UNESCO Cultural HeritageAustralia's Lynas makes takeover bid for Brazil's Meteoric ResourcesHow Marilyn Manson’s Alleged Abuse Scandals Fade Into Obscurity Despite His Anthemic StatusKim So-hyun and Choo Young-woo discuss their new drama Between Steps, their confidence in the director, and more[DECODED] No, this ‘handsome’ Duterte grandson is not realHan Sun Hwa and Chang Ryul's chance reunion leaves them curious about each other in “The Table: Day and Night”East of Eden Review: Florence Pugh Dominates Netflix’s Steinbeck AdaptationLIVE UPDATES: Impeachment trial of Vice President Sara Duterte12 New K-Dramas To Check Out In October 2026Live: FlyDubai suspends flights to and from Israel after pilot attack4 Challenging Moments For Lee Jun Hyuk And His Team In Episodes 5-6 Of “The Ordinary Jackpot”Opinion: Islamic finance can support AirAsia’s restructuringSoutheast Asia Climate Outlook Survey (2026): Measuring Public momentum in regional Climate transitionSmiles and respect as Fury and Joshua have their first face-off ahead of DecemberAfter a decade, the UN’s Antonio Guterres is stepping down. His legacy will be mixed, at best Simon Adams, Murdoch University
Home/Companies
Companies

Thailand expects Songkran tourism revenue to reach 30.4 billion baht this year

Thailand expects Songkran tourism revenue to hit 30.4 billion baht this year, up 6% from 2025, the Tourism Authority of Thailand said on Tuesday.

Source: The Business Times · July 21, 2026 at 6:45 PM · AI-assisted report

Single-source
Thailand expects Songkran tourism revenue to reach 30.4 billion baht this year
DomainFork
Photo: DeeMakMak via flickr (BY-ND)

BANGKOK, 22 JULY 2026 —

Listen to this article

DomainFork Audio · read aloud

Share

Thailand Forecasts Songkran Tourism Revenue to Reach 30.4 Billion Baht This Year

Market Impact

BANGKOK — Thailand’s Songkran festival is projected to generate 30.4 billion baht (S$1.2 billion) in tourism revenue this year, a 6% increase from 2025, the Tourism Authority of Thailand (TAT) announced on Tuesday.

The five-day celebration, which runs from April 11 to 15, is expected to attract 500,000 international visitors, up 4% from last year, contributing approximately 8.1 billion baht in revenue. Domestic travel is also set to rise, with six million Thai nationals expected to take trips during the holiday, a 7% increase, generating about 22.3 billion baht in spending.

As of April 12, over 558,000 visitors had been recorded across six venues in Bangkok and central Thailand, with Siam Square’s Songkran event drawing the largest crowd of around 183,500 people. Government spokesperson Lalida Persvivatana noted that more than 90 events were held in the capital alone, reflecting strong public participation.

Regional tourism figures vary, with Phuket in the south expecting about 149,690 visitors and 4.1 billion baht in revenue. Eastern provinces such as Chonburi and Pattaya extended celebrations through Wan Lai events, high-energy water festivals likely to sustain momentum into late April. Meanwhile, northern provinces, led by Chiang Mai, saw strong engagement in traditional Pi Mai Muang festivities.

Impact on Malaysia’s Tourism Sector While Thailand’s Songkran boosts regional tourism, Malaysia’s travel industry may face indirect competition, particularly in border states like Kedah, Penang, and Kelantan, where Songkran-related travel could divert some Malaysian tourists. However, Malaysia’s own festive season, including Hari Raya and Wesak Day, may offset potential losses by attracting regional visitors.

Tour operators in Malaysia told Bloomberg that while Songkran does not directly compete with domestic celebrations, heightened regional travel demand could lead to temporary staff shortages or higher transport costs during peak periods. Airlines and hotels in northern Malaysia may see marginal benefits if Thai tourists extend trips northward, though no direct data on cross-border travel was provided.

Sector and Company-Specific Insights The Songkran surge benefits Thailand’s hospitality and retail sectors, with hotels in Bangkok, Phuket, and Chiang Mai reporting near-full occupancy. Major shopping districts, including Siam Paragon and CentralWorld, experienced increased foot traffic, particularly during water festival events. Local businesses, from street vendors to luxury resorts, are capitalizing on the holiday’s economic impact.

In contrast, Malaysia’s tourism players remain focused on domestic and regional festivals. Genting Malaysia Berhad and AirAsia Group Berhad have not reported direct Songkran-related impacts but continue monitoring regional travel trends. The Malaysian Association of Hotels (MAH) stated that while Songkran does not significantly affect Malaysia’s tourism calendar, it underscores the importance of diversifying festive season offerings to maintain competitiveness.

Outlook and Long-Term Implications Thailand’s tourism authority remains optimistic about Songkran’s economic contribution, projecting sustained growth in international and domestic travel. The festival’s cultural significance and government-backed promotions are expected to drive further revenue in the coming years. However, challenges such as infrastructure strain and environmental concerns, particularly in popular destinations like Phuket and Bangkok, may require long-term planning.

For Malaysia, the Songkran phenomenon highlights the need for strategic tourism diversification. While direct competition is limited, proactive marketing during Malaysia’s peak festive seasons—such as Hari Raya and Deepavali—could help capture regional tourist spending. Industry analysts suggest that cross-border tourism initiatives, including joint promotions with Thailand, may mitigate potential spillover effects while maximizing regional economic benefits.

Related: Bangkok

Reporting based on The Business Times. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.

Suggested Reads

Thai conglomerates post strong gains from Vietnam investments
Bursa Malaysia reports 26% rise in 2Q net profit as trading revenue surges
Malaysia’s petroleum revenue will drop to 18.3% of federal revenue next year
MHB posts RM75.9m PBT on RM1.5b revenue in first half of 2026

Analyst Consensus — This Week

Neutral4.7/10AI sentiment across 679 stories · not investment advice

The Daily Brief · Free

Five market signals.
Five minutes. Every morning.

The morning briefing on Malaysia, ASEAN and the world: markets, policy and the stories that matter, before the opening bell.

  • ✓ KLCI, ringgit & sector movers
  • ✓ Analysis and what to watch
  • ✓ No spam — one email, unsubscribe anytime

Free daily market briefing. No spam, unsubscribe anytime.

DomainFork

Independent news from Malaysia and the world: markets, policy, every state, society and culture, in words and video.

Share

Sections

  • Malaysia
  • ASEAN
  • Asia
  • World
  • Tech
  • Markets

Intelligence

  • Daily Briefing
  • Filings & Disclosures
  • Video
  • Audio
  • Explainers & guides
  • Data, feeds & widgets
  • Documents to download
  • Live
  • Graphics
  • Sentiment index
  • In depth
  • Weekend issue
  • News quiz
  • Watchlist
  • Send us a tip
  • Help centre
  • Everything else

Company

  • About Us
  • Editorial Standards
  • Privacy Notice
  • Advertise
  • Contact the Desk

Disclaimer: DomainFork provides financial, economic, technology, and primary-source regulatory information for general education and research. AI summaries, sentiment scores, and market data are not investment advice. Consult a licensed professional before making financial decisions.

© 2026 DomainFork. All rights reserved.