The Pattaya News
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Bangkok, August 27, 2025 – Thailand’s tourism industry, a cornerstone of the nation’s economy contributing up to 15-20% of GDP in pre-pandemic years, is facing renewed problems as leading hospitality businesses drastically revise their growth forecasts downward. The Erawan Group (ERW), Minor International (MINT), and Asset World Corporation (AWC) – three of the country’s largest
Thai Tourism Business Giants Slash Revenue and Growth Targets as Chinese Visitor Recovery Continues to Struggle
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