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GENERAL

Illegal tour groups forced to close as crackdown continues

Business, Narumon Kasemsuk, Published on 21/06/2024

» The Tourism and Sports Ministry has investigated illegal tour companies offering extremely cheap packages, forcing 10 of them to close.

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GENERAL

Tourism revenue to miss state target by B500bn

Business, Narumon Kasemsuk, Published on 06/06/2024

» The most realistic scenario for Thai tourism revenue this year is 3 trillion baht, missing the government goal of 3.5 trillion baht, as many target markets have been hit by an economic downturn, according to the Tourism Authority of Thailand (TAT).

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GENERAL

Tour agents bullish on Taiwan

Business, Narumon Kasemsuk, Published on 31/01/2024

» The Taiwanese inbound market this year is expected to hit a new high of 1 million tourists, assuming the Thai government extends its visa-free scheme until year-end, as the market is among the fastest growing post-pandemic.

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PROPERTY

Dusit has high hopes for residences

Business, Narumon Kasemsuk, Published on 14/12/2023

» Dusit expects to set a new price record for leasehold residences in Bangkok's central business district (CBD) with a 900-square-metre penthouse after selling 75% of its 406 total units.

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BUSINESS

Mice returns to Asia after long absence

Business, Narumon Kasemsuk, Published on 06/06/2023

» With demand for on-site Mice (meetings, incentives, conferences and exhibitions) activities bouncing back after the pandemic, Asian nations are dusting off exhibition venues and ramping up marketing plans to welcome international visitors once again.

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BUSINESS

Elite Card sales to Chinese surge 185%

Business, Narumon Kasemsuk, Published on 05/11/2022

» Sales of Thailand Elite Cards to Chinese nationals have surged 185% this year, accounting for 35% of the programme's total membership of 20,844.

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PROPERTY

CPN steps up house roll out

Business, Narumon Kasemsuk, Published on 22/07/2022

» Retail and property developer Central Pattana Plc (CPN) is preparing its biggest residential expansion in five years with 50 more projects worth 40 billion baht, in a bid to achieve synergy with the overall Central group.

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BUSINESS

TAT hoping to woo 500,000 Koreans this year

Business, Narumon Kasemsuk, Published on 21/06/2022

» As Thailand and South Korea have started to ease travel restrictions, Thai tourism has high hopes of attracting more than 500,000 Korean tourists this year before surging to 1.3 million next year, according to the Tourism Authority of Thailand (TAT).

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BUSINESS

Riding out the storm … in style

Business, Narumon Kasemsuk, Published on 06/10/2021

» The global pandemic has posed challenges for the hospitality sector over the past 19 months, but SET-listed Asset World Corp (AWC), led by Wallapa Traisorat, has continued to grow its portfolio with three large mixed-use developments adding more than 3,800 hotel rooms and residential units to its pipeline.

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BUSINESS

'Buffet' raises flight funds

Business, Narumon Kasemsuk, Published on 03/03/2021

» Low-cost carriers are gearing up for more intense competition by offering buffet-style tickets to boost short-term liquidity, in line with the upcoming stimulus from the government.