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Search Result for “Tourism revenue”

Showing 1 - 10 of 154

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Centara Life to offer flexible hotel stays

Business, Molpasorn Shoowong, Published on 20/09/2024

» Centara Hotels & Resorts (CHR) is upbeat on the "upper midscale" segment trend as it launches a rebranded Centara Life, with plans to expand in Southeast Asia, Japan and the Middle East.

GENERAL

Onyx upbeat on prospects for Shama brand

Business, Molpasorn Shoowong, Published on 18/09/2024

» Multinational company relocation to Southeast Asia and demand for conversions to serviced apartments has driven the growth of Onyx Hospitality Group's Shama serviced apartments.

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Minister aims to levy 300-baht tourism tax

Business, Molpasorn Shoowong, Published on 17/09/2024

» The new tourism minister aims to start collecting the 300-baht tourism tax after it was shelved during the previous administration led by Prime Minister Srettha Thavisin, while pledging to stimulate tourism revenue to reach at least 3 trillion baht this year.

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More man-made entertainment magnets in Thailand

Business, Molpasorn Shoowong, Published on 16/09/2024

» While Thailand is usually perceived as a "sea, sand and sun" destination, attracting new tourism markets by developing man-made attractions has piqued the interest of the private sector.

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GENERAL

Hotel room rates plunge too low during low season

Business, Molpasorn Shoowong, Published on 06/09/2024

» Hotels in leisure destinations such as Phuket, Krabi and Pattaya  tended to slash room rates too low during the low season when the average occupancy has sharply dropped, says hospitality market analyst STR.

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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.

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White paper seeks to address Phuket's pressing issues

Business, Molpasorn Shoowong, Published on 04/09/2024

» Phuket's key tourism operators are preparing a white paper that will urge the government to tackle deterioration of the environment and overdevelopment on the island amid rapid urbanisation.

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Thailand eyes B1.8tn in tourism revenue

Business, Molpasorn Shoowong, Published on 02/09/2024

» Thailand is on course to welcome 12.2 million foreign arrivals in the last four months of 2024, lifting annual arrivals to almost 36 million and generating 1.8 trillion baht in revenue this year, according to the Tourism Authority of Thailand (TAT).

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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.

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Hoteliers oppose B280m package for online travel agents

Business, Molpasorn Shoowong, Published on 22/08/2024

» Thai hoteliers are opposed to the cabinet's approval of 280 million baht to support tourism packages provided by online travel agents (OTAs), fearing most of the income would flow out to foreign platforms, while local operators cannot reap benefits.