Tourism pours millions of dollars into govt coffers
Tourism injected more than US$724 million or 5.9 billion kip into the national budget during 2016, the latest data show. However, the revenue generated by tourism in 2016 dropped slightly from the more than US$725 million generated by the sector in 2015, according to data from the Tourism Development Department under the Ministry of Information, Culture and Tourism. The decrease was partly due to the fact that foreign tourist arrivals to Laos in 2016 declined. Laos received just more than 4.23 million foreign visitors in 2016, down from 4.68 million foreigners in 2015.
