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Search Result for “average room rate”

Showing 1 - 10 of 879

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GENERAL

Gold surge set to continue as prices hit record highs

Business, Nuntawun Polkuamdee, Published on 22/10/2025

» Gold's bullish momentum is expected to continue for at least two more years, according to local trader YLG Group, citing ongoing central bank purchases, persistent inflation concerns, intensifying geopolitical conflicts, and trade tensions.

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GENERAL

Pension tension as Thailand eyes 65

Business, Post Reporters, Published on 20/10/2025

» The country's working-age demographics are a topic of widespread debate, with Prime Minister Anutin Charnvirakul floating the idea of raising the retirement age from 60 to 65.

GENERAL

Ascott sees revenue and rates reviving next year

Business, Kanana Katharangsiporn, Published on 09/10/2025

» The Ascott Limited Thailand, the wholly owned lodging business unit of Singapore-based CapitaLand Investment, expects revenue, occupancy and room rates to recover in 2026, with plans to diversify into resort destinations such as Phuket and secure a management contract in Hat Yai.

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GENERAL

SCX's 2 new hotels to generate B900m

Business, Kanana Katharangsiporn, Published on 18/09/2025

» SET-listed developer SC Asset Corporation's subsidiary SCX Corporation, which manages its recurring-income assets, plans to open two new hotels in Bangkok and Pattaya over the next five weeks, targeting 900 million baht in revenue in 2026.

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THAILAND

Over 3% of Thais suffering poverty

News, Post Reporters, Published on 17/09/2025

» Thailand is still struggling with poverty, with 2.39 million people, or 3.41% of the population, classified as poor in 2023, says research by the Program Management Unit for Area-Based Development (PMU-A).

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GENERAL

Strong baht a high-season challenge

Molpasorn Shoowong, Published on 09/09/2025

» The appreciation of the baht to a four-year high could affect inbound tourism during the upcoming high season, although attractive room rates and cheaper international flights should still help attract visitors to Thailand.

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GENERAL

THAI rebounds, but still faces challenges

Business, Nareerat Wiriyapong, Published on 08/09/2025

» With its share price soaring more than 400% within 15 days of Thai Airways International (THAI) resuming trade on the Stock Exchange of Thailand (SET) on Aug 4, the flag carrier has undoubtedly caught the attention of many investors.

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GENERAL

Asian shares rise as Chinese sell-off eases

Business, Nuntawun Polkuamdee, Published on 06/09/2025

» RECAP: Asian markets mostly gained on Friday after an intense sell-off of Chinese equities eased, amid reports the country's financial regulators could intervene to slow the dumping. A Wall Street stock rally also lifted sentiment.

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WORLD

'Sleep under the stars': hotel mess in Brazil ahead of UN meet

AFP, Published on 05/09/2025

» BELéM (BRAZIL) - With two months to go, the "COP30 Hotel," spruced up and renamed after the UN climate conference due to take place in the Amazonian city of Belem in November, has zero bookings.

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LEARNING

Thai hotels cut room rates after falling tourist numbers

Gary Boyle, Published on 03/09/2025

» Thailand’s hotel sector is experiencing pricing pressure this year after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourist numbers from China and other major Asian markets have dropped significantly.