Showing 1 - 10 of 14
Accor keen on expanding premium brands in Thailand
Business, Molpasorn Shoowong, Published on 16/09/2024
» International hospitality chain Accor is focusing on expanding its premium brands in Thailand and around the globe, banking on projections for rising global travel over the next decade, India's growing middle class and China's strong outbound market.
Tourism minister urged to brace for the worst
Molpasorn Shoowong, Published on 06/09/2024
» Tourism operators have warned the new tourism minister to brace for a nosedive in the global economy and fiercer competition next year, urging the government to start planning for the worst-case scenario from this year.
Laguna Phuket predicts higher hotel revenue
Business, Molpasorn Shoowong, Published on 05/09/2024
» Laguna Phuket, an integrated resort operator, is expecting a stronger revenue per available room (RevPar) and higher room rates for hotels this year, thanks to rebounding tourism, with the upcoming pipeline and property development majorly targeting luxury and upscale segments.
IHG keen on hotel conversion in Thailand
Business, Molpasorn Shoowong, Published on 30/08/2024
» Hotels globally are reporting an increasing conversion rate post-pandemic, particularly from independent hotel owners, according to international chain IHG Hotels & Resorts, which is eager for conversion in Thailand with a new mid-scale brand.
Sansiri banking on Standard deal to drive profit
Business, Molpasorn Shoowong, Published on 28/08/2024
» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.
Toshiba unit sets sales growth target at 20%
Business, Molpasorn Shoowong, Published on 08/08/2024
» Toshiba Thailand has targeted 20% growth for the entire year, with more of its product line-up shifting to middle and high-tier products to tackle sluggish spending in the mass market and respond to global economic challenges.
ANA preserves load factor on Thailand-Japan routes
Business, Molpasorn Shoowong, Published on 22/07/2024
» Despite a weak yen, Japanese carrier ANA has maintained the load factor on Thailand-Japan routes at the same robust level as 2019, with more of its passengers being Thai tourists as well as long-haul travellers transiting in Japan.
Visa says rising costs hitting Asia-Pacific business travel
Business, Molpasorn Shoowong, Published on 26/06/2024
» Rising travel costs as well as economic and geopolitical concerns have been affecting business travel from Asia-Pacific, while companies are investing more in digitalisation to help manage their travel budget, according to Visa.
Rising costs hitting Asia-Pacific business travel
Business, Molpasorn Shoowong, Published on 26/06/2024
» Rising travel costs as well as economic and geopolitical concerns have been affecting business travel from Asia-Pacific, while companies are investing more in digitalisation to help manage their travel budget, according to Visa.
Airline profits stay stagnant in Asia-Pacific
Business, Molpasorn Shoowong, Published on 21/06/2024
» Asia-Pacific is forecast to have the second-lowest aviation profit per region at US$1.2 per passenger this year, mainly attributed to sluggish growth in China and supply chain disruption, according to the International Air Transport Association (IATA).