Showing 1 - 10 of 18
Hoteliers take a chance with price fluctuation
Business, Narumon Kasemsuk, Published on 03/05/2025
» Room rates surged during the recent tourism high season, sparking criticism among some travellers who viewed Thai hotels as being more expensive than those in neighbouring countries.
Asia Hotel upgrades to meet market challenges
Business, Narumon Kasemsuk, Published on 13/03/2025
» With five-star room rates in the city centre dramatically surging, the locally managed Asia Hotel Bangkok still relies on an affordable pricing strategy to maintain healthy occupancy amid intense competition.
MINT Reports Record Profit, Poised for 2025 Expansion
Published on 17/02/2025
» Minor International Public Company Limited (MINT) has delivered its strongest financial performance to date, with net profit surging 43% year-on-year to THB 7,750 million in 2024. This outstanding result reflects exceptional operational execution, sustained global travel demand and improved financial position.
MINT Reports 19% Core Profit Growth for 9M24 Poised for Strong Q4 and 2024
Published on 12/11/2024
» Minor International Public Company Limited (MINT) has announced core net profit of THB 5,514 million for the first nine months of 2024, a 19% year-on-year increase. Core EBITDA grew 11% year-on-year to THB 33,623 million, powered by a 9% rise in core revenue driven by outstanding performances in MINT’s hospitality and restaurant businesses. This strong growth was driven by effective revenue optimisation, resulting in increased ADR and RevPAR across MINT’s hotel portfolio, together with sustained cost discipline.
Searching within
Asia focus, Pattama Kuentak, Published on 17/01/2022
» At first sight, Anthony Tan doesn't look much like his publicity photograph. His grey hair is short and in the stage of growing back after having been shaved. So are his eyebrows. The explanation? He recently spent some time ordained as a monk.
Seminars to explore hospitality recovery
Life, Published on 06/05/2020
» To help Thai hoteliers prepare the best strategies for a quick recovery after the Covid-19 crisis eases, the Thai Hotels Association and Food and Hotel Thailand 2020 (FHT) is holding an online seminar on "Targeting First Movers Online: Thai and Asian Travellers" tomorrow at 2pm.
Beaten at their own game
Business, Published on 25/11/2019
» As the trends of digitisation and technological innovation continue to accelerate, businesses that were once disruptors face becoming the disrupted.
Thailand's F&B brand and price management: Secrets of success in an over stocked hospitality market
Published on 15/10/2019
» More and more nightlife establishments are opening up every year, meaning the amount of competition is increasing dramatically. In Thailand alone, the number of nightlife establishments that were opened or relaunched grew by a total of 9.1 percent from 2012 to 2017, bringing the total amount to just under 9,000.
Is your hospitality establishment ready for the next recession?
Published on 24/09/2019
» Amid many optimistic reports of a continually growing world economy, which is always good news for the hospitality industry, there are some indicators that may signal a possible economic slowdown and recession that may already be occurring. This article presents six such indicators and how this may impact the hospitality sector. It also suggests some strategies that you can employ to help your business in the good, and even not so good times that may be ahead.
How do customers choose you – and what you can do about it
Published on 25/03/2019
» It likely comes as little surprise to any hotel manager that social media is playing an ever increasing role in consumers’ choice processes when it comes to booking a stay at a hotel. In fact, eWOM (electronic Word-of-Mouth) may play an even greater role than you may have imagined. A recent study conducted in Thailand published in the e-Review of Tourism Research states that eWOM is more effective than both advertising and promotional activities in influencing decisions about choosing a hotel. This statement has MAJOR implications for hotel managers concerned with occupancy and pricing.