Showing 1 - 10 of 34
Hotel room rates plunge too low during low season
Business, Molpasorn Shoowong, Published on 06/09/2024
» Hotels in leisure destinations such as Phuket, Krabi and Pattaya tended to slash room rates too low during the low season when the average occupancy has sharply dropped, says hospitality market analyst STR.
ANA preserves load factor on Thailand-Japan routes
Business, Molpasorn Shoowong, Published on 22/07/2024
» Despite a weak yen, Japanese carrier ANA has maintained the load factor on Thailand-Japan routes at the same robust level as 2019, with more of its passengers being Thai tourists as well as long-haul travellers transiting in Japan.
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.
Low net margin hampers aviation industry
Business, Molpasorn Shoowong, Published on 05/06/2024
» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).
Arrivals set to soar amid holidays in East Asia
Business, Molpasorn Shoowong, Published on 24/04/2024
» Chinese and Japanese tourists are expected to flock to Thailand during the Labour Day holiday and Japan's Golden Week, driving arrivals to 996,000, up 29% from the corresponding period last year, according to the Tourism Authority of Thailand (TAT).
Songkran expected to provide revenue kick-start in Q2
Business, Molpasorn Shoowong, Published on 11/04/2024
» Although the second quarter is considered the low season, Thai tourism is forecast to earn 614 billion baht in revenue as domestic trips exceed the first-quarter tally thanks to Songkran events this month, according to the Tourism Authority of Thailand (TAT).
Staying afloat in a turbulent market
Business, Molpasorn Shoowong, Published on 23/03/2024
» With tourists from around the world flocking back to Thailand, tourism operators are competing by upgrading their quality and offering unique services to capture strong demand.
China visa deal sees bookings rise
Business, Molpasorn Shoowong, Published on 08/03/2024
» As the permanent visa exemption between Thailand and China takes effect, airlines and tour operators reported a surge of bookings from Thai travellers during the Songkran holiday to May, with some routes containing more Thai passengers than Chinese.
Operators justify need to hire foreign labour
Business, Molpasorn Shoowong, Published on 07/03/2024
» Thailand is still encountering problems concerning migrant workers employed in the tourism sector who have entered the country illegally by exploiting visa-free privileges, especially in the country's sex industry, while operators urge the government to legalise sex work.
Labour shortage putting pressure on hotel costs
Business, Molpasorn Shoowong, Published on 05/02/2024
» Labour shortages in the tourism sector have caused hotel expenses to increase at a higher rate than revenue growth, according to hospitality market analyst STR.