Showing 1 - 10 of 26
UHG and DIA Enter into Solar Agreement for Three Additional Properties
Published on 17/12/2025
» Urban Hospitality Group (UHG) and DIA Co., Ltd. have entered into a strategic Solar Power Purchase Agreement (PPA), a pivotal step towards boosting their eco-friendly and socially responsible business practices. This collaboration highlights the shared dedication of both entities to diminishing their carbon emissions by enhancing UHG’s energy framework with additional solar systems. Previously, their pioneering solar project has been operational since August 2025 at UHG’s prime riverside property, The Quarter Chaophraya, setting a precedent for this initiative.
Hotels digitise as a survival strategy
Business, Kanana Katharangsiporn, Published on 10/11/2025
» Thai hotels are accelerating digital and pricing strategies to stay competitive as international arrivals slow and the Chinese market, once Thailand's biggest tourism driver, remains tepid.
Building owners choose to sell up as taxes start to bite
Business, Kanana Katharangsiporn, Published on 13/05/2025
» The land and building tax is continuing to force outdated and less competitive offices, apartments and hotels to exit the market, with many putting their assets up for sale or lease in the tourism sector.
UHG to sink B1.5bn into hotel expansion
Business, Kanana Katharangsiporn, Published on 09/05/2025
» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.
DIA Signs Solar Agreement with UHG Group
Published on 14/03/2025
» In an effort to strengthen their pledge and consideration towards environmental preservation, DIA Company Limited and Urban Chaophraya Company Limited, a company of the Urban Hospitality Group (UHG), have entered into a solar power purchase agreement to promote sustainable energy at one of UHG’s premier hotel properties situated on the banks of the Chaophraya river. The goal to reduce carbon emissions has been a longstanding core value for both parties and thus further realised with this initial venture.
UHG bags Ekkamai plot for mid-tier hotel
Business, Kanana Katharangsiporn, Published on 12/11/2024
» Commercial property developer UHG continues its acquisition of prime plots of land, leasing a one-rai site on Soi Ekkamai currently occupied by an apartment complex in order to invest 600 million baht in the development of a mid-tier hotel, prompted by enforcement of the land and building tax.
Orange Line delay hits condo project
Business, Kanana Katharangsiporn, Published on 06/08/2024
» The delayed opening of the Orange Line, which will run between Thailand Cultural Centre and Min Buri, has affected the development and launch of retail and commercial properties, but demand for condos on Ramkhamhaeng Road remains strong.
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.
Bangkok land prices set for record
Business, Kanana Katharangsiporn, Published on 01/02/2024
» The land price per square wah in Bangkok is expected to reach a new record high of more than 4 million baht for a plot on Ploenchit Road owned by the Sukosol family being purchased by Central Group, according to a source in the property industry who requested anonymity.
UHG expects 10% revenue hike this year
Business, Kanana Katharangsiporn, Published on 05/01/2024
» Commercial property developer UHG expects revenue growth of 10% to 2.2 billion baht in 2024, with Chinese tourist arrivals potentially returning in the third quarter of the year.