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Search Result for “low occupancy”

Showing 1 - 10 of 612

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GENERAL

Travellers get cold feet over skirmishes

Business, Molpasorn Shoowong, Published on 30/07/2025

» Despite the long holiday, operators in Chanthaburi and Nakhon Ratchasima reported a surge of room cancellations as tourists were concerned about the border dispute, including fears over Cambodia's PHL-03 rocket launcher, which has a range of up to 130 kilometres from the border.

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GENERAL

Tourism confidence dives

Business, Molpasorn Shoowong, Published on 25/07/2025

» The tourism confidence index in the second quarter plunged year-on-year, as tourism contracted since the beginning of the year due to safety concerns and cautious tourism spending following the US's decision to implement a reciprocal tariff policy, according to the Tourism Council of Thailand (TCT).

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GENERAL

Flood-hit northern Thailand calls for tourism subsidies

Business, Molpasorn Shoowong, Published on 25/07/2025

» Tourism operators in the North have urged the government to allocate tourism stimulus measures for provinces facing the impact of floods, as provinces like Nan are encountering an even more severe situation which has left some guests stranded.

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GENERAL

Tourism seen taking a hit if border conflict persists

Business, Narumon Kasemsuk, Published on 25/07/2025

» Tourism operators in the Northeast are worried that the Thailand-Cambodia border clashes might heavily impact the industry if it cannot be resolved within 3-7 days, as both local and foreign tourists would avoid travelling to nearby provinces.

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GENERAL

Tourism revival goes into reverse

Business, Narumon Kasemsuk, Published on 21/07/2025

» Over the past three years, Thai tourism has been struggling to regain the peak it once reached prior to the pandemic, while neighbouring countries Malaysia and Vietnam have already surpassed their performance in 2019, recording 37 million and 17 million tourist arrivals, respectively.

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GENERAL

Discovery of devices fails to deter tourists

Business, Molpasorn Shoowong, Published on 28/06/2025

» Despite the introduction of heightened security measures following the discovery of several suspected explosive devices in two southern tourist provinces on Thursday, tourism operators are still concerned the incident will reinforce negative perceptions concerning safety in Thailand, though none have reported cancellations.

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GENERAL

Thai tourism businesses unfazed by casino bill delay

Published on 26/06/2025

» The government’s decision to put its entertainment complex bill on the back burner should not affect Thailand’s tourism industry, as the country has welcomed plenty of tourists without this type of attraction in the past, according to the Thai Hotels Association (THA).

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PROPERTY

SC Asset Corporation touts extending foreign leaseholds

Business, Kanana Katharangsiporn, Published on 18/06/2025

» With the residential market expected to contract for at least three years, Thailand should restore foreign tourist confidence to drive economic growth and extend leasehold ownership to at least 60 years to attract international buyers, according to SET-listed developer SC Asset Corporation.

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GENERAL

Hotels target Thai guests as foreign tourism slumps

Business, Kuakul Mornkum, Published on 12/06/2025

» Despite the Thai tourism sector facing a hiccup, Koko Global Hospitality (Thailand) Co Ltd (KGH), a local hospitality management firm and operator of the hotel chain Kokotel, sees an opportunity with domestic travellers as it looks to expand its portfolio.

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GENERAL

Thai consumer spending tightens

Business, Post Reporters, Published on 26/05/2025

» Quiet tourist attractions with fewer guests and complaints from local merchants about stagnant purchasing power have become more pronounced, as the Thai economy braces for another slump in the second quarter, which is typically a low season for spending.