Showing 1 - 10 of 56
Centara Life to offer flexible hotel stays
Business, Molpasorn Shoowong, Published on 20/09/2024
» Centara Hotels & Resorts (CHR) is upbeat on the "upper midscale" segment trend as it launches a rebranded Centara Life, with plans to expand in Southeast Asia, Japan and the Middle East.
Onyx upbeat on prospects for Shama brand
Business, Molpasorn Shoowong, Published on 18/09/2024
» Multinational company relocation to Southeast Asia and demand for conversions to serviced apartments has driven the growth of Onyx Hospitality Group's Shama serviced apartments.
More man-made entertainment magnets in Thailand
Business, Molpasorn Shoowong, Published on 16/09/2024
» While Thailand is usually perceived as a "sea, sand and sun" destination, attracting new tourism markets by developing man-made attractions has piqued the interest of the private sector.
Economy depresses visitor numbers at city waterpark
Business, Molpasorn Shoowong, Published on 10/09/2024
» Siam Amazing Park has admitted its new retail zone attracted fewer new tenants than expected, mainly attributed to sluggish spending in the domestic market, although the Mice (meetings, incentives, conferences and exhibitions) segment is picking up, thanks to government sector spending.
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.
White paper seeks to address Phuket's pressing issues
Business, Molpasorn Shoowong, Published on 04/09/2024
» Phuket's key tourism operators are preparing a white paper that will urge the government to tackle deterioration of the environment and overdevelopment on the island amid rapid urbanisation.
Phuket service charges stable
Business, Molpasorn Shoowong, Published on 03/09/2024
» The average income from service charges among hotels in Phuket is expected to stabilise, but would still maintain a high level in the upcoming high season, while the average room rate would continue to soar, according to the Phuket Hotels Association.
Hotel price hikes ruled out amid poor tourist spending
Business, Molpasorn Shoowong, Published on 18/07/2024
» Miracle Group, an operator of airport lounges and hotels, has observed tightened spending power among domestic tourists, prompting the company to rely on sales volume instead of raising prices.
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.
Operators vie with inflation, high interest rates
Business, Molpasorn Shoowong, Published on 27/05/2024
» Despite an upbeat projection for the Thai tourism industry, some businesses are struggling with high inflation and elevated interest rates, which require government action to remedy, according to Onyx Hospitality Group.