Thailand's new marriage equality law expected to boost tourism by $2 billion
Thailand's impending marriage equality law which will make it the first Southeast Asian nation to recognise same-sex marriage is expected to significantly boost its tourism sector.
The law is set to take effect in January 2025 and aims to replace gender-specific language in the Civil and Commercial Code with gender-neutral terms, thereby granting same-sex couples full legal, financial, and medical rights.
Agoda, a travel company based in Phuket, forecasts a $2 billion increase in tourism revenue over the next two years, along with an expected influx of four million new international visitors per year.
This surge is projected to generate around 152,000 additional full-time jobs and enhance Thailand's GDP by 0.3%.
The historical significance of this law cannot be understated, as it positions Thailand as a regional hub for LGBTQ+ couples from neighbouring nations seeking legal marriage.
With Bangkok hosting a substantial LGBTQ+ community, the marriage equality legislation is anticipated to solidify Thailand’s reputation as a welcoming and inclusive travel destination.
Industry experts highlight the crucial role of safety and acceptance in fostering international tourist visits, particularly from the LGBTQ+ community, often subject to discrimination while travelling.
In light of the new law, Thailand is poised to offer a secure and attractive option for destination weddings, appealing to couples from regions with less favourable marriage laws.
Following the passage of the law, travel agencies have reported increasing interest from couples seeking to plan same-sex weddings in culturally rich locales across Thailand.
The balance between traditional ceremonies and modern marriage recognitions may further enhance Thailand’s appeal to diverse travellers.