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BUSINESS

Samui operators plead for direct flights

Business, Molpasorn Shoowong, Published on 17/03/2023

» Samui tourism operators are calling for more direct flights to the island and an improvement in infrastructure and tourism distribution as the industry is on track for recovery.

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BUSINESS

TAT to monitor tourism impact of SVB

Business, Molpasorn Shoowong, Published on 16/03/2023

» Economic concerns stemming from the collapse of Silicon Valley Bank (SVB) will not affect long-haul visitors to Thailand in the short term as pent-up demand should support the market, but officials plan to monitor the long-term impact, according to the Tourism Authority of Thailand (TAT).

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BUSINESS

SHR sees revenue hitting B10bn this year

Business, Molpasorn Shoowong, Published on 15/03/2023

» SET-listed S Hotels & Resorts (SHR) is expecting 10 billion baht in revenue this year, a record high and an increase of 20% from last year.

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BUSINESS

Central upbeat on luxury stores in Europe

Business, Molpasorn Shoowong, Published on 14/03/2023

» Central Group remains confident that its luxury department stores in Europe won't be affected by inflation as they targeted high-end customers, while Centara Hotels & Resorts (CHR) expects its revenue this year to exceed the level recorded in 2019.

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BUSINESS

Accor expects revenue to rebound this year

Business, Molpasorn Shoowong, Published on 11/03/2023

» Accor has secured 21 properties in its pipeline for its five-year plan in Thailand, predicting revenue per available room (RevPar) this year for most of its hotels to exceed the level recorded in 2019, propelled by an estimated 25 million foreign arrivals.

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BUSINESS

TAT unfazed by giveaways

Business, Molpasorn Shoowong, Published on 07/03/2023

» Many countries in Asia recently announced giveaway campaigns to bolster their tourism industry, aiming to drive post-pandemic economic growth.

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BUSINESS

Pattaya gets set for Chinese

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

» Pattaya has shrugged off concerns over Chinese businesses, including those using Thai nominees, partly because the tourism market from the mainland is slowly reviving.

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BUSINESS

TAT suggests operators still upbeat on recovery outlook

Business, Molpasorn Shoowong, Published on 01/03/2023

» Business operators still have confidence in the country's tourism recovery as campaigns for the general election kick into high gear and the next phase of the "We Travel Together" scheme is projected to have the participation of more than 9,000 hotels, with the aim of stimulating domestic spending, says the Tourism Authority of Thailand (TAT).

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BUSINESS

Upcountry hotels eyeing Mice subsidies

Business, Molpasorn Shoowong, Published on 28/02/2023

» Hotel operators in the provinces are calling for greater subsidies for Mice (meetings, incentives, conventions, and exhibitions) events as this sector has played a vital role in saving their businesses.

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BUSINESS

River tubing gets TAT's seal of approval

Business, Molpasorn Shoowong, Published on 25/02/2023

» With foreign tourists flocking to Pai district in Mae Hong Son province in search of adventure activities, the Tourism Authority of Thailand (TAT) has confirmed the safety of the inner tubes floating on the Pai River and their low impact on local communities and the environment.