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Search Result for “economic crisis”

Showing 1 - 10 of 34

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BUSINESS

Five-star hotel to open in Phuket next month

Business, Chadamas Chinmaneevong, Published on 09/10/2015

» Castlewood Group, a Singaporean commercial property developer, will build 19 more hotels in Asia-Pacific by 2025 following the opening of its first hotel in Phuket next month.

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THAILAND

Chinese still keeping the faith

Business, Chadamas Chinmaneevong, Published on 22/09/2015

» Amid concerns that the impact of the Aug 17 Erawan Shrine bombing will not fade away easily, the largest Chinese tourist group ever for Thailand has decided to revisit the country.

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BUSINESS

Minor targets 186 hotels by end of 2018

Business, Chadamas Chinmaneevong, Published on 01/09/2015

» Despite domestic and international economic problems, SET-listed Minor International Plc (MINT) will continue to expand its hotel business locally and abroad, spending billions of baht annually over the next five years.

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BUSINESS

Dollars, not euros for travel packages

Business, Chadamas Chinmaneevong, Published on 02/07/2015

» Small and medium-sized tour operators are being urged to sell their packages in US dollars instead of euros, as the European currency is expected to fall further amid the Greek loan default.

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BUSINESS

TAT jittery over crisis in euro zone 

Business, Chadamas Chinmaneevong, Published on 25/02/2015

» The Tourism Authority of Thailand (TAT) is concerned the lingering economic downturn in Europe will affect tourism arrival and revenue targets this year.

BUSINESS

Japanese hotel firm enters Thailand

Business, Chadamas Chinmaneevong, Published on 18/02/2015

» The dramatic growth of Thai tourists visiting Japan has attracted Prince Hotels Inc, Japan's largest hotel company, to open a sales office in Bangkok in a marketing alliance with Thai hotel and resort chain Dusit International.

BUSINESS

Kata Group seeks MAI listing for hotel expansion

Business, Chadamas Chinmaneevong, Published on 17/02/2015

» Kata Group Resorts, a Phuket-based hotel company, plans to seek listing on the Market for Alternative Investment (MAI) by 2018 to raise funds for its expansion in resort destinations both in Thailand and abroad.

BUSINESS

Starwood bullish on Thai tourism

Business, Chadamas Chinmaneevong, Published on 05/02/2015

» Starwood Hotels and Resorts Worldwide Inc, a Connecticut-based hotel management and leisure company, is optimistic that Thailand's tourism industry will fully recover  this year.

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BUSINESS

Russians give Pattaya a big miss

Business, Chadamas Chinmaneevong, Published on 18/12/2014

» The sharp devaluation of Russia's rouble has dealt a big blow to Thai tourism with falling reservations from Russian tourists during this high season.

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BUSINESS

Russian arrivals in spotlight

Business, Chadamas Chinmaneevong, Published on 19/11/2014

» Russia's float of the rouble is likely to affect travel plans by tourists from that country, warns the Tourism Authority of Thailand (TAT).