OREANDA-NEWS. BMI View: Thailand presents one of the most developed tourism markets in Asia and we expect the industry to expand during our forecast period, which will be driven by increasing arrivals and international receipts.

This will support the hotel and restaurant industry's increasing value, creating opportunities for new investments and expansions of local and global hotel chains outside of the main cities. Strong efforts by the government to increase the quality of Thailand's tourism industry further underpin our view of industry expansion.