Showing 71 - 80 of 380
Songkran travel prospects mediocre
Business, Molpasorn Shoowong, Published on 21/02/2024
» Outbound trips during the Songkran holiday will not be robust despite the extra day, attributed to costly airfares and concerns over deflation risk, while the 21-day "Water Festival" campaign is likely to attract more foreign tourists than the domestic market, according to travel agents.
Operators want government to ease rule on alcohol sales
Business, Molpasorn Shoowong, Published on 20/02/2024
» The extension to the opening hours of entertainment venues and the liquor tax incentive has made less of a positive impact on tourism than expected, while operators urged the government to consider cancelling the limited hours available for the sale of alcoholic drinks.
CRC unit sees tourism pacing growth
Business, Molpasorn Shoowong, Published on 17/02/2024
» Thailand's food industry should grow 2-3% in 2024, driven by inbound tourists nearing the level tallied in 2019, according to Central Food Wholesale.
Ministry allocates B50m for tourist insurance scheme
Business, Molpasorn Shoowong, Published on 15/02/2024
» The Tourism and Sports Ministry has set aside a budget of 50 million baht to assist foreign tourists in case of death or accidents in fiscal 2024.
Klook sees 2m bookings for Thai packages
Business, Molpasorn Shoowong, Published on 14/02/2024
» Online travel platform Klook expects at least 2 million bookings for tourism packages in Thailand this year, doubling growth from last year, as the country remains a top destination in Asia, particularly for tourists from China and the US.
CRC targets 9-11% revenue growth
Business, Molpasorn Shoowong, Published on 13/02/2024
» Central Retail Corporation (CRC) is targeting 9-11% revenue growth in 2024, mainly driven by improved tourism and consumption, while voicing concerns over an influx of cheap imported goods.
Minor uses asset-light strategy
Business, Molpasorn Shoowong, Published on 10/02/2024
» SET-listed Minor International projects its room rate to grow this year and targets 200-250 new hotels and 1,000 restaurants in three years.
Thai AirAsia to increase flights to Japan, China
Business, Molpasorn Shoowong, Published on 09/02/2024
» With visa-free travel to popular destinations such as Japan and China, Thai AirAsia is planning to ramp up flights to those countries to cater to strong demand, including offering a new route to Okinawa.
Seacon forecasts 10-15% revenue growth
Molpasorn Shoowong, Published on 08/02/2024
» Seacon, one of the country's oldest homebuilders, says demand for large homes and an improving economy will help drive revenue this year to 2.3 billion baht.
BWH Hotels looks to Asia-Pacific
Business, Molpasorn Shoowong, Published on 07/02/2024
» BWH Hotels, the operator of Best Western Hotels and Resorts, will focus on intraregional guests for its properties in Asia and Thailand this year, as ongoing geopolitical tensions have hampered long-haul travel, while targeting 16-20 new hotels in the region.