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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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GENERAL

Thailand preps for Korean arrivals

Business, Molpasorn Shoowong, Published on 29/08/2024

» Thailand is expecting an influx of South Korean tourists during the six-day Chuseok holiday next month, maintaining momentum as Korean visitors are expected to record a new high of 2 million this year.

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Event organisers play both sides

Business, Molpasorn Shoowong, Published on 24/08/2024

» Event organisers and venue operators have urged the government to carefully manage the influx of cheap Chinese goods to protect Thai manufacturers.

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Toshiba unit sets sales growth target at 20%

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

» Toshiba Thailand has targeted 20% growth for the entire year, with more of its product line-up shifting to middle and high-tier products to tackle sluggish spending in the mass market and respond to global economic challenges.

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Demand for private jets on the rise

Business, Molpasorn Shoowong, Published on 27/07/2024

» The business jet market in Asia has become more diverse without any significant domination by China, thanks to growing numbers of clients across the region who are opting for private aircraft to enhance their operations, according to Dassault Aviation.

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Unwelcome rebirth of zero-dollar tours

Business, Molpasorn Shoowong, Published on 19/06/2024

» The scourge of zero-dollar tours has returned with even lower prices, targeting inbound tourists from China, Russia and India.

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AWC allots B10bn for Phenix

Business, Molpasorn Shoowong, Published on 17/06/2024

» SET-listed Asset World Corp (AWC) has launched Phenix, a 10-billion-baht wholesale and retail food centre, to capture consistent demand in the tourism and food segments.

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Full belly, happy traveller

Business, Molpasorn Shoowong, Published on 17/06/2024

» From jasmine rice to Pad Thai noodles and spicy tom yum soups, Thailand is renowned for its robust agricultural and food products, making it a major exporter worldwide.

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New Thai airline focuses on the South

Business, Molpasorn Shoowong, Published on 04/06/2024

» A new airline founded by a Thai aircraft dealer and technology trading company plans to operate short domestic flights in the South, banking on high-spending local travellers.

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Retail sector still sensitive

Business, Molpasorn Shoowong, Published on 11/03/2024

» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.