Thailand invests in tourism development: what does this mean for investors?

Thailand, known for its picturesque beaches and rich culture, is actively working on developing the tourism industry, which opens up new opportunities for investors.

The government has launched a program to stimulate the economy through tourism, which involves attracting investment and developing infrastructure in priority regions. One of these regions is Phuket, which has become a leader in tourism revenues and attracts an increasing number of travelers.

The program launched by the Thai government places special emphasis on the development of tourism infrastructure. This includes upgrading airports, improving the transport network, and creating new tourist facilities. All these measures are aimed at increasing the flow of tourists and, as a result, increasing revenues from tourism.

Phuket, as one of the country's most popular resorts, has become a priority destination for investment. Last year, the island welcomed more than 28 million tourists, and by 2025, this number is expected to grow to 35 million. This growth creates a stable demand for rental properties, which makes investment in this region especially attractive.

• Government support — reducing investment risks. The government's tourism incentive program provides investors with additional protection. This reduces the risks associated with real estate investments, as the government is actively working to create a favorable business environment.
• Growing tourist flow — stable demand for rentals. The increase in the number of tourists leads to increased demand for rental housing. Investors can count on a stable rental income, which makes real estate in Phuket a profitable investment.

• New infrastructure — increase in property value. Infrastructure development, including roads, airports and entertainment complexes, contributes to the growth of property prices. Investors can expect an increase in the value of their properties due to the improvement of infrastructure and the increase in tourist flow.
• Development of premium tourism — higher profitability.With the increasing interest in premium tourism, investors can consider investing in more expensive properties that provide high profitability. Phuket is actively developing the luxury tourism segment, which opens up new horizons for investment.

Taking into account all the above factors, Phuket is one of the most attractive destinations for real estate investment. The program of stimulating the economy through tourism, the growing flow of tourists and the development of infrastructure create unique conditions for investors.

If you are considering investing in real estate, now is one of the best times to take a look at this dynamically developing market.