Shrimp Industry

TRIS Rating holds a neutral outlook for the shrimp industry.

Hotel Industry

TRIS Rating holds a positive outlook for the hotel industry. Thailand remains a world class tourist destination. Tourism has been a key growth driver for the Thai economy for over a decade. The number of tourist arrivals in Thailand has grown consistently. Despite several event risks, the industry has been proven to quickly recover within a few quarters.

Thailand Economic Overview in 2017 and Prospects for 2018

In the first nine months of 2017, the Thai economy grew by around 3.8% from the same period last year. Exports rose, tourism remained strong, household expenditures rose, and private investment gradually rebounded. However, public investment has slowed due to the delays in budget disbursements.