Showing 1 - 10 of 10
Sansiri banking on Standard deal to drive profit
Business, Molpasorn Shoowong, Published on 28/08/2024
» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.
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.
Centel targets ambitious revenue increase
Business, Molpasorn Shoowong, Published on 14/03/2024
» Central Plaza Hotel (Centel) has allocated capital expenditure of 13-20 billion baht for the next three years, in a bid to double the revenue of its food and hotel business by 2029.
AWC banking on high-spending tourists
Business, Molpasorn Shoowong, Published on 01/03/2024
» SET-listed Asset World Corp (AWC) remains bullish on high-spending tourists and plans to invest in several projects valued at 36 billion baht this year.
BLA targets B10bn in 1st-year premiums
Business, Molpasorn Shoowong, Published on 06/02/2024
» SET-listed Bangkok Life Assurance (BLA) is aiming to achieve first-year premiums of 10 billion baht by the end of 2026 by focusing on agent channels amid fierce competition in the industry.
LHMH shrugs off dimmer outlook in Europe
Business, Molpasorn Shoowong, Published on 13/09/2023
» Europe's worsening economic outlook won't affect the hotel situation in Pattaya, as most guests arrive from other countries within Asia or are domestic tourists, according to LH Mall and Hotel (LHMH).
Minor Hotels unveils plans to expand amid tourism boom
Business, Molpasorn Shoowong, Published on 02/06/2023
» Minor Hotels plans to grow its portfolio to 600 properties in 59 countries with more than 91,000 rooms in 2025, driven by an optimistic outlook for the global tourism industry after Covid-19 infections eased.
Thai hotels set sights on global growth
Business, Molpasorn Shoowong, Published on 08/02/2023
» Thai hospitality is globally recognised for its unique service standards, which have assisted many homegrown hotel companies in their international expansion over the past few decades.
MINT hiking room rates to boost revenue
Business, Molpasorn Shoowong, Published on 20/01/2023
» SET-listed Minor International (MINT) plans to continue hiking its room rates to ensure profitability and a minimum 20% revenue increase across three businesses, using an investment budget of 10-15 billion baht as part of a three-year plan.