Retail sales in experiential luxury are expected to rise at a current value CAGR of 9% (7% CAGR at 2023 constant prices) over 2023-2028 to reach THB91.7 billion, bypassing the sales level recorded prior to the pandemic in 2025 in current value terms, and 2028 in real value terms (at 2023 constant prices).
Luxury hotels will see the strongest growth in experiential luxury over the forecast period with a CAGR of 9% (7% CAGR at 2023 constant prices) over 2023-2028. Sales will increase to reach THB91.
The Thai Government and the Tourism Authority of Thailand (TAT) are set to play a notable role in promoting tourism in Thailand and revitalising tourism and the hotel industry in the country during the forecast period. Efforts to promote tourism will include the launch of special events to capture the attention of international travellers, such as organising international sporting events.
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Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Thailand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Experiential Luxury industry in Thailand, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Experiential Luxury
This is an aggregation of Luxury Hotels and Luxury Foodservice.
See All of Our DefinitionsThis report originates from Passport, our Experiential Luxury research and analysis database.
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