Showing 1 - 10 of 12
Sluggish spending delays tourism recovery
Business, Narumon Kasemsuk, Published on 04/10/2023
» Despite 20 million foreign arrivals in the first nine months of the year, the tourism index has still plunged below the regular rate as operators witnessed sluggish spending due to global economic concerns and a high level of household debt, according to the Tourism Council of Thailand (TCT).
Tourism sector demands more help
Business, Narumon Kasemsuk, Published on 30/08/2023
» The sluggish economies in China and Japan as well as an unequal tourism recovery that favours large operators are seen as the the most critical challenges for the new government by tourism operators.
AirAsia X opposes travel levy
Business, Narumon Kasemsuk, Published on 08/09/2022
» With a full recovery for aviation in sight, stumbling blocks such as the tourism fee the Thai government plans to collect should be set aside as an influx of travellers can create more economic impact than a small levy, according to Tony Fernandes, chief executive of Capital A and acting group chief executive of AirAsia X.
Obstacles likely to hamper travel to Japan
Business, Narumon Kasemsuk, Published on 02/09/2022
» Japan's decision to allow individual inbound tourists is not expected to greatly affect Thai trips to the country as high travel costs and household debt remain obstacles to a visit.
Enhancing entry process key to reinforcing revival
Business, Narumon Kasemsuk, Published on 10/06/2022
» Bangkok Airways is anticipating faster tourism growth if Thailand is able to provide a smoother and more consistent entry process, particularly from the European market, which could help the firm beat its passenger target.
Strict rules bar hotels from asset warehousing scheme
Business, Narumon Kasemsuk, Published on 17/07/2021
» More Thai hotels may opt to sell their properties if the stringent measures set for financial aid schemes, such as asset warehousing, prevent them from accessing soft loans.
Hotel sector wants to extend domestic stimulus schemes
Business, Narumon Kasemsuk, Published on 06/05/2021
» The hotel sector is urging the government to extend domestic stimulus programmes to cover the high season in the final quarter, after those projects were interrupted by the third outbreak.
Nok Air eyes stakes in rivals
Business, Narumon Kasemsuk, Published on 02/03/2021
» Nok Air finished debt negotiations with 50% of creditors in the buildup to the rehabilitation process while its biggest shareholders want to acquire stakes of competitors to control the aviation market.
THA touts expat discounts
Business, Narumon Kasemsuk, Published on 21/10/2020
» The Thai Hotels Association (THA) is introducing a stimulus campaign targeting expatriates by offering a 1,000-baht discount on 5,000 room nights and urging the government to move an existing domestic campaign onto e-commerce platforms.
Hotels express mixed feelings about holidays
Business, Narumon Kasemsuk, Published on 23/09/2020
» Hotel operators embraced the additional holidays in the fourth quarter announced on Tuesday by the cabinet but raised concerns about unequal opportunities for hotels in different tiers.