Showing 1 - 10 of 62
Cabinet okays low season stimulus
Business, Published on 05/06/2024
» The cabinet on Tuesday approved measures to stimulate tourism in secondary cities during the low season.
China's pent-up outbound tourism demand hit by visa, flight issues
Published on 31/05/2024
» HONG KONG: Visa delays and insufficient flight capacity have held back a full recovery in China's outbound travel after the Covid-19 pandemic, according to the CEO of Trip.com Group, the country's largest online travel agency.
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.
Phuket expects B400bn bonanza in 2024
Achadthaya Chuenniran, Published on 25/05/2024
» The Tourism Authority of Thailand (TAT) is confident that tourism revenue in Phuket this year will reach at least 400 billion baht, reporting that more than 3.6 million tourists visited the resort island in the first quarter.
Asian shares retreat on China weakness
Business, Published on 18/05/2024
» RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
Centel claims robust Q1 performance
News, Post Reporters, Published on 16/05/2024
» Central Plaza Hotel Plc (Centel) has announced a strong financial performance for the first quarter of 2024, reporting a net profit of 756 million baht, a 20% increase from the same period last year.
Hong Kong's tourism industry still struggling to recover
Published on 07/05/2024
» HONG KONG: Hong Kong's tourism industry is still struggling to recover as the number of trips to the city over the Labour Day "golden week" holiday hit just two-thirds of pre-pandemic levels, the South China Morning Post can reveal.
Creating a long-term vision
Business, Published on 06/05/2024
» Overtourism has become a hot topic in recent weeks as the influx of tourists has caused many destinations to feel they cannot cater to the rapid growth.
Asian shares get lift from US tech results
Business, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
Rising expenses add to hotels' woes
Business, Molpasorn Shoowong, Published on 25/04/2024
» Hotel operators anticipate high expenses from power bills, food prices and labour wages as the low season arrives amid scorching temperatures.