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Search Result for “occupancy rate”

Showing 1 - 10 of 1,493

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GENERAL

Chiang Mai tourism weathers the storm

Business, Molpasorn Shoowong, Published on 25/09/2025

» Typhoon Ragasa has yet to significantly affect tourism in Chiang Mai because it is still low season, with flash floods occurring only in certain areas for a short period, and operators in the area more concerned about the strong baht steering short-haul tourists towards Vietnam.

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PROPERTY

Retail property occupancy rates set to fall below 95%

Business, Kanana Katharangsiporn, Published on 23/09/2025

» New retail property supply in 2025-26 is projected to outpace demand, pushing occupancy rates below 95% while capping rental growth at 1-2% annually, as competition among major developers intensifies and demand recovery remains sluggish.

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GENERAL

Hong Kong to welcome 1.5 million mainland Chinese visitors for National Day break

Published on 19/09/2025

» Hong Kong can expect 1.5 million mainland Chinese visitors over the National Day "golden week" break, a 10% rise from last year, a tourism industry leader has said, with the city set to offer celebratory discounts, ranging from transport to movie tickets, for the occasion.

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PROPERTY

Expat demand keeps Sukhumvit dominant in rental market

Kanana Katharangsiporn, Published on 15/09/2025

» The Sukhumvit corridor continued to dominate downtown Bangkok's rental housing market in the second quarter, with expatriate demand, particularly from the Japanese, supporting high occupancy and driving rents up despite a slight quarterly dip.

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GENERAL

Shares advance as more US rate cuts expected

Business, Published on 13/09/2025

» RECAP: Asian share markets followed Wall Street higher on Friday as expectations for as many as three US interest rate cuts by year-end promised to lower borrowing costs globally, a relief to stressed bond markets and a drag on the dollar.

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GENERAL

Bangkok office occupancy dips below 80% amid glut

Published on 11/09/2025

» Occupancy in Bangkok’s office market fell below 80% for the first time since 2004 as an influx of new Grade A supply drew tenants from older towers, forcing landlords to cut rents, renovate or repurpose, according to the property consultancy CBRE Thailand.

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PROPERTY

Rabbit looks to return to profit amid divestment

Business, Kanana Katharangsiporn, Published on 10/09/2025

» SET-listed Rabbit Holdings, a financial services and real estate subsidiary of BTS Group Holdings, expects to return to profit by year-end as part of its divestment plan.

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GENERAL

Strong baht a high-season challenge

Molpasorn Shoowong, Published on 09/09/2025

» The appreciation of the baht to a four-year high could affect inbound tourism during the upcoming high season, although attractive room rates and cheaper international flights should still help attract visitors to Thailand.

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PROPERTY

Manufacturing performs better than other sectors

Business, Kanana Katharangsiporn, Published on 09/09/2025

» Despite potentially flat growth, the industrial property sector continued to outperform other real estate segments, supported by clearer US tariff policies and strong foreign direct investment (FDI) momentum in the first half.

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LEARNING

Thai hotels cut room rates after falling tourist numbers

Gary Boyle, Published on 03/09/2025

» Thailand’s hotel sector is experiencing pricing pressure this year after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourist numbers from China and other major Asian markets have dropped significantly.