RE: Thai tourism. It's gonna get worse before it gets better
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Thailand has suffered many natural disasters such as floods and earthquakes, and insecurity caused by extremist groups, and the war in Cambodia, which has caused Thailand to lose confidence in foreign tourists.
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I don't think that any of these things, while true, have anything to do with the current drop in tourism. It is simply bad management of who they are going to allow in and constantly messing with visa laws until the global population just got fed up with it and decided to go elsewhere because as it turns out, there are a lot of cheap countries to travel to.