Tuesday, December 10, 2024
Thailand’s community-based tourism (CBT) market has been experiencing rapid growth, with an estimated market size of $29.6 billion in 2023. Projections show that by 2034, this market could reach a staggering $140.3 billion, growing at a compound annual growth rate (CAGR) of 15.3%. This growth reflects the rising demand for authentic, locally-driven travel experiences, as well as Thailand’s increasing emphasis on sustainable tourism practices.
As the tourism industry continues to evolve, community-based tourism has emerged as a…
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