Showing 1 - 10 of 1,362
Hotels slash rates to lure Songkran market
Gary Boyle, Published on 25/03/2026
» Concerned by a drop in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.
L.P.N. to buy B2bn of land for Bangkok condo development
Business, Kanana Katharangsiporn, Published on 25/03/2026
» SET-listed L.P.N. Development plans to spend 1-2 billion baht on new land acquisitions for condo development after freezing purchases for more than two years to clear inventory and refocus on the upper-affordable segment.
Hotels slash rates to lure Songkran market
Business, Narumon Kasemsuk, Published on 24/03/2026
» Concerned by a nosedive in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
Thai hoteliers jittery over energy prices
Published on 17/03/2026
» Hotel operators in Thailand consider high energy prices more troubling than mass cancellations as only one month remains in the high tourism season, resulting in requests for the government to promote domestic travel during the Songkran holiday to help maintain occupancy rates.
Emirates flying near-empty jets to Dubai
Published on 17/03/2026
» Emirates is operating flights to Dubai that are near-empty in some cases as travellers avoid the Persian Gulf, highlighting the challenges for the world’s largest international airline to restore its network amid a protracted war.
Thailand property 2026: Strategic balance of risk and reward
Business, Published on 12/03/2026
» Property developers and investors in Thailand must strategically balance risk and reward amid persistent market uncertainties this year, according to property consultancy CBRE Thailand.
Singha Estate keeps emphasis on hotels
Business, Kanana Katharangsiporn, Published on 07/03/2026
» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.
Sugar tycoons branch into hotel investments
Business, Kanana Katharangsiporn, Published on 04/03/2026
» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.
Centara expands into budget hotels
Business, Molpasorn Shoowong, Published on 27/02/2026
» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).