Showing 1 - 10 of 99
Domestic tourism receipts set to fall short of B1tn target
Business, Narumon Kasemsuk, Published on 24/09/2024
» Domestic tourism is on course to reach 200 million trips this year, but revenue is expected to reach just 965 billion, falling short of the target of 1 trillion baht, while the private sector has called for the promotion of second-tier cities in the form of a loyalty programme.
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.
Samyan Mitrtown to break even in three years
Business, Kanana Katharangsiporn, Published on 21/09/2024
» SET-listed Frasers Property Thailand is expecting the Samyan Mitrtown mixed-use project to break even within three more years, a shorter period than other commercial projects, but longer than initially anticipated because of the pandemic.
Baht’s biggest rally since 1998 threatens tourism, exports
Bloomberg News, Published on 20/09/2024
» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.
Centara Life to offer flexible hotel stays
Business, Molpasorn Shoowong, Published on 20/09/2024
» Centara Hotels & Resorts (CHR) is upbeat on the "upper midscale" segment trend as it launches a rebranded Centara Life, with plans to expand in Southeast Asia, Japan and the Middle East.
Hotel operators keen on reviving co-payment scheme
Business, Narumon Kasemsuk, Published on 20/09/2024
» Hotel operators have applauded the idea of reviving the co-payment scheme for hotel expenses as it could help encourage domestic purchasing, while related stakeholders raised concerns over 1,400 unresolved fraud cases from previous phases of the scheme.
Introducing exclusive 'one-of-a-kind' luxury limousine service for guests
Published on 19/09/2024
» Dusit Thani Bangkok, the highly-antiipated reimagined flagship hotel of Dusit International, one of Thailand's leading hotel and property development companies, is partnering with Porsche Thailand and AAS Auto Rental Co., Ltd. (AAS Group) to deliver a bespoke luxury limousine service for guests.
Onyx upbeat on prospects for Shama brand
Business, Molpasorn Shoowong, Published on 18/09/2024
» Multinational company relocation to Southeast Asia and demand for conversions to serviced apartments has driven the growth of Onyx Hospitality Group's Shama serviced apartments.
First Centara hotel opens for business on Phangan
Business, Published on 17/09/2024
» Thailand's leading hotel operator Centara Hotels & Resorts and Varivana Resort Koh Phangan Co have signed a hotel management agreement for the Varivana Resort Koh Phangan.
Minister aims to levy 300-baht tourism tax
Business, Molpasorn Shoowong, Published on 17/09/2024
» The new tourism minister aims to start collecting the 300-baht tourism tax after it was shelved during the previous administration led by Prime Minister Srettha Thavisin, while pledging to stimulate tourism revenue to reach at least 3 trillion baht this year.