Coronavirus hits Thailand hardest in tourism-reliant SE Asia

Hotel and airline stocks sink as China's travel ban kicks in

20200128 Virus in Thailand

The Thai government had set an ambitious target of 41.8 million tourist arrivals this year but coronavirus has put paid to those hopes. (Photo by Akira Kodaka)

MASAYUKI YUDA and SHOTARO TANI, Nikkei staff writers

BANGKOK/JAKARTA -- China's ban on outbound tour groups to stem the spread of coronavirus has hit Southeast Asia's tourism industry which relies heavily on Chinese holidaymakers.

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