Showing 1 - 10 of 30
UHG allots B1bn for two mid-tier hotels
Business, Kanana Katharangsiporn, Published on 01/08/2024
» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.
Real estate woes hit electrical appliances
Kuakul Mornkum, Published on 31/07/2024
» The reduced purchasing power of consumers affected the Thai real estate sector in the first half of 2024 and hit the electrical appliance sector, according to Panasonic Solutions (Thailand) Co Ltd, a business arm of Japanese multinational electronics appliance maker Panasonic.
Tourism to steer CPN's H2 results
Molpasorn Shoowong, Published on 18/06/2024
» Retail and property developer Central Pattana Plc (CPN), the operator of Central malls, is banking on a tourism rebound to strengthen retail performance in the second half, especially in major cities.
Tycoon's property unit sees earnings jump on tourism boom
Bloomberg News, Published on 26/03/2024
» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.
Lalin targets flat sales growth in year ahead
Business, Kanana Katharangsiporn, Published on 30/01/2024
» SET-listed housing developer Lalin Property is continuing with a cautious approach, with plans to launch 8-12 new projects worth a combined 7-8 billion baht while aiming for flat growth in terms of sales, considering the ongoing negative factors.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Land & Houses aiming to launch 11 projects
Kanana Katharangsiporn, Published on 17/01/2024
» SET-listed Land & Houses plans to launch 11 new residential projects worth a combined 30.2 billion baht, all of which are low-rise houses with most in the upper-end segment as condo supply remains plentiful.
Charn Issara upbeat on revenue growth target
Business, Kanana Katharangsiporn, Published on 11/10/2023
» SET-listed Charn Issara Development is confident it can achieve its revenue growth target this year, driven by the recovery of the tourism sector and the completion of two condo projects this quarter.
CPN keen on Phuket condos
Kanana Katharangsiporn, Published on 11/09/2023
» SET-listed Central Pattana (CPN) plans to launch two new phases of Phyll Phuket, a condo project near Central Phuket Floresta, with 700 units worth a combined 3 billion baht next year as condo demand in Phuket remains robust, driven by the tourism sector.
Property spending boosted by travel revival
Business, Kanana Katharangsiporn, Published on 27/04/2023
» Thailand's strong tourism recovery had a positive impact on housing demand and property renovation at major tourist destinations in the first quarter of 2023, according to home and construction material distributors and residential developers.