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BUSINESS

TLA upbeat on profit prospects this year

Business, Molpasorn Shoowong, Published on 12/04/2023

» Thai Lion Air (TLA) is hoping to secure a profit this year, driven by increasing flight capacity, a larger fleet and passenger growth fuelled by Chinese tour groups.

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BUSINESS

Dasta sets goal for B5m-10m revenue

Business, Molpasorn Shoowong, Published on 08/04/2023

» The Designated Areas for Sustainable Tourism Administration (Dasta) is aiming to earn revenue of at least 5 million to 10 million baht per year, reducing dependency on the state budget.

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BUSINESS

Airfares could spike after Opec cut

Business, Molpasorn Shoowong, Published on 07/04/2023

» Airlines are expecting higher airfares than usual during the upcoming low season as oil cartel Opec and its allies announced production cuts.

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BUSINESS

Michelin Guide, TAT extend their partnership through 2026

Business, Molpasorn Shoowong, Published on 06/04/2023

» The Michelin Guide Thailand has helped to generate more than 842 million baht for the tourism economy during its first five-year contract with the Tourism Authority of Thailand (TAT) starting in 2017, according to the agency.

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BUSINESS

TAT expects B18.5bn from holiday

Business, Molpasorn Shoowong, Published on 05/04/2023

» The Tourism Authority of Thailand (TAT) expects the Songkran holiday to generate total revenue of 18.5 billion baht, with domestic trips exceeding the 2019 level based on pent-up demand.

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BUSINESS

TAT downplays China woes

Business, Molpasorn Shoowong, Published on 04/04/2023

» The Tourism Authority (TAT) has played down concerns about monopolised foreign tourism businesses and zero-dollar tours, as long as strict law enforcement and collaboration with Beijing continues, while Thailand is targeting high-value tourists over volume.

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BUSINESS

Agents predict 1m Chinese in Q2

Business, Molpasorn Shoowong, Published on 01/04/2023

» The Association of Thai Travel Agents (Atta) expects 1 million Chinese tourists in the second quarter of this year, following positive signs of flight resumptions, while urging authorities to help regulate "zero-dollar" tours and illegal tour guides.

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BUSINESS

Informa Markets expects lower earnings from food events

Business, Molpasorn Shoowong, Published on 01/04/2023

» Though the volume of visitors this year is projected to return to 2019 levels, Informa Markets believes global inflation and volatile economies in Europe and the US might affect the transaction value during its two international events targeting the food industry.

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BUSINESS

TPC bullish on prospects for Elite Card

Business, Molpasorn Shoowong, Published on 31/03/2023

» Thailand Privilege Card Co (TPC), the operator of Thailand Elite Card, is aiming for 10,000 new members this fiscal year ending September, with Chinese nationals being the top target because of the mainland's reopening.

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BUSINESS

Klook sees bookings surge for Thailand

Business, Molpasorn Shoowong, Published on 29/03/2023

» Klook, an online travel platform, is expecting more than a million bookings for tourism activities in Thailand this year, ranking in the top three for destinations on the platform.