Around 500,000 Indian tourists are expected to visit Thailand this year generating revenue of 24 billion baht, supported by the national carrier Thai Airways International after an air travel bubble (ATB) agreement was concluded in March. “India is an important market to offset the loss of Chinese tourists. It has a sizeable population and a large number of passport holders,” said Thanet Phetsuwan, deputy governor of marketing for Asia and South Pacific at the Tourism Authority of Thailand (TAT). The TAT’s target for Indian arrivals is 500,000 this year, with an average load factor of 70% on e…