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Cambodia’s Tourism Sector Generates $3.04 Billion in 2023

by Surya Narayan
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In a significant uptick for Cambodia’s economy, the tourism sector reported a revenue of $3.04 billion in 2023, marking a 115% increase from the $1.41 billion recorded the previous year. This financial boost is outlined in a report by the Ministry of Tourism, published on February 12, 2024, reflecting the sector’s robust recovery and growth.

The country saw a substantial rise in international visitors, with 5.45 million tourists arriving in 2023, a 140% surge from the 2.27 million tourists in the preceding year. On average, these visitors spent 7.6 days exploring Cambodia’s rich cultural heritage and natural beauty.

In a move to further bolster tourism and foster international relationships, Cambodia inaugurated the 2024 Cambodia-China People-to-People Exchange Year last month. This initiative aims to strengthen ties and encourage a greater influx of tourists and investors from China to Cambodia. Cambodian Tourism Minister Sok Soken, speaking at the launch event in Siem Reap, expressed high hopes for the initiative, foreseeing it as a significant factor in attracting more visitors and investment from China.

China emerged as the third-largest source of international tourists to Cambodia in 2023. The nation welcomed 547,798 Chinese tourists, a staggering increase of 412% from the 106,875 Chinese visitors recorded in the previous year.

Tourism plays a crucial role in Cambodia’s economy, being one of its four main pillars. The country is home to four UNESCO World Heritage Sites, which include the Angkor Archaeological Park in Siem Reap, the Temple Zone of Sambor Prei Kuk in Kampong Thom, and the Temples of Preah Vihear and Koh Ker in Preah Vihear province. These sites are significant draws for both history enthusiasts and casual tourists alike.

Additionally, Cambodia boasts a pristine 450 km long coastline along four southwestern provinces: Sihanoukville, Kampot, Kep, and Koh Kong. This coastline is renowned for its untouched beauty and offers a tranquil retreat for visitors seeking relaxation and scenic views. The combined allure of cultural heritage and natural landscapes continues to position Cambodia as a favored destination for international travelers, contributing to the sustainable growth of its tourism sector.

Source: Khmer Times

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