Southeast Asian countries are worried that the peak tourism season this summer may not be as prosperous as expected.
Summer is an important season for many Southeast Asian countries to receive international tourists and earn foreign exchange, but due to multiple factors such as the surge in fuel prices caused by the conflict in Iran, tourism industry professionals in countries like Thailand, Vietnam, and Cambodia are worried that this summer's peak tourism season may not be as prosperous as in the past. The tourism industry is a key pillar industry in many Southeast Asian countries. According to data from the Associated Press, tourism revenue accounts for nearly 13% of Thailand's GDP and nearly 9% of Vietnam's GDP. In Cambodia, the tourism industry provides millions of people with jobs to survive. In the Philippines, the tourism industry is an important source of foreign exchange. Against the backdrop of soaring international oil prices, tourism revenue becomes even more important for countries dependent on imported fuel.
Latest
5 m ago

