Showing 1 - 10 of 11
Younger Asian tourists opt for cheaper regional holidays
Business, Molpasorn Shoowong, Published on 26/04/2024
» With travel costs soaring, more tourists from Asia-Pacific are opting for intra-regional trips, particularly Gen Z and millennials, as a majority of younger adults want to save up for trips, according to Marriott International.
AWC banking on high-spending tourists
Business, Molpasorn Shoowong, Published on 01/03/2024
» SET-listed Asset World Corp (AWC) remains bullish on high-spending tourists and plans to invest in several projects valued at 36 billion baht this year.
Thai hospitality groups go global
Business, Molpasorn Shoowong, Published on 02/01/2024
» As the tourism recovery gathers pace across the globe, Thai hospitality groups expanded their presence beyond the domestic market to capitalise on robust demand in many destinations.
AWC adds value in bid to woo tenants
Business, Molpasorn Shoowong, Published on 19/12/2023
» Amid sluggish demand for commercial real estate, developers are having to invest greater sums in co-living programmes to provide an enhanced quality of life for office workers in a bid to attract new tenants, according to SET-listed Asset World Corp (AWC).
AWC posts solid bookings, room rates
Business, Molpasorn Shoowong, Published on 12/10/2023
» SET-listed Asset World Corp (AWC) reported solid bookings and the best daily room and occupancy rates since listing on the stock market, while the Tourism Authority of Thailand (TAT) expects at least 4 million Chinese arrivals this year.
Marriott optimistic on revenue improvement in Asia
Business, Molpasorn Shoowong, Published on 02/06/2023
» Marriott International expects to maintain positive revenue per available room (RevPar) for its properties in Asia, which has already exceeded levels posted in 2019.
Employment robust at Marriott hotels
Business, Molpasorn Shoowong, Published on 11/05/2023
» Marriott International remains upbeat about Thailand's labour crunch in the tourism sector as employment at its properties countrywide now almost matches the level recorded in 2019.
Marriott plans to open 8 new properties this year
Business, Molpasorn Shoowong, Published on 25/01/2023
» Marriott International wants to continue hiking room rates to secure growth in Thailand this year, while it aims to open eight more properties.
China market poised to surge in Q4
Business, Molpasorn Shoowong, Published on 17/01/2023
» Luxury hotel operators are expecting the Chinese market to pick up stronger late this year as there were no notable bookings from the mainland in the first quarter.
Organic food serves as lure
Business, Molpasorn Shoowong, Published on 03/01/2023
» The Thai Organic Consumer Association (TOCA) is hoping to drive organic tourism with Phuket as a pilot province, in a bid to connect hotels and consumers with farmers through digital technology and incentive reward programmes.