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BUSINESS

Labour shortages hold back tourism recovery

Business, Kanana Katharangsiporn, Published on 20/07/2022

» Despite tourism's gradual recovery around the world, inflation and labour shortages remain big challenges for the hospitality industry, according to IHG Hotels & Resorts.

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BUSINESS

Veranda to launch villa, condo projects

Business, Kanana Katharangsiporn, Published on 17/06/2022

» Resort and real estate development firm Veranda Resort Plc plans to launch villa and condo projects in Phuket and Hua Hin worth a combined 1 billion baht in the second half after seeing a strong tourism recovery.

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BUSINESS

Ceramic tile makers set out expansion plans

Business, Kanana Katharangsiporn, Published on 11/05/2022

» Two large producers of ceramic tiles -- SCG Ceramics Plc and Dynasty Ceramic Plc -- will open new stores and expand existing outlets nationwide as domestic demand recovers, following the country's reopening.

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BUSINESS

Vimarn Suriya looks to Saudi market

Business, Kanana Katharangsiporn, Published on 09/03/2022

» Vimarn Suriya Co, the developer of the luxury mixed-use project Dusit Central Park, wants to tap potential buyers in Saudi Arabia through roadshows in the Middle East before the summer holiday.

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BUSINESS

SC Asset planning to launch 27 projects

Business, Kanana Katharangsiporn, Published on 11/02/2022

» SET-listed developer SC Asset Corporation plans to invest 40 billion baht to launch new residential projects worth a combined 130 billion baht during 2022-25, aiming for revenue of 100 billion baht over four years.

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BUSINESS

Course operator taps into growing interest in golf

Business, Kanana Katharangsiporn, Published on 07/12/2021

» A member of the Phornprapha family, which owns Siam Motors Group, plans to revamp its marketing strategy for a new golf course to target younger players who have become more interested in the sport.

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BUSINESS

Sansiri bullish on recovery prospects

Business, Kanana Katharangsiporn, Published on 19/11/2021

» SET-listed developer Sansiri Plc expects hotel revenue to bounce back to pre-Covid levels over the next few years, whilst aiming for 60% occupancy in the first 12 months of operation at The Standard Hua Hin, which opens next month.

BUSINESS

UD Town investor to open Hotel Moco

Business, Kanana Katharangsiporn, Published on 30/10/2021

» A co-investor in UD Town shopping mall in Udon Thani will open a new hotel next to the mall with an investment of 500 million baht, aiming to achieve 80% occupancy during the country's reopening to visitors from 46 countries.

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BUSINESS

SC looks to low-rise demand

Business, Kanana Katharangsiporn, Published on 30/09/2021

» Low-rise house demand in the upper-end segment will continue to be robust next year while condo market recovery will depend on foreign buyers, according to SET-listed developer SC Asset Corporation Plc.

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BUSINESS

Pruksa unit retains low-rise focus

Business, Kanana Katharangsiporn, Published on 20/08/2021

» Developer Pruksa Real Estate remains focused on low-rise houses in locations with good sales rates, using online channels and clearing inventory to maintain presales and revenue targets amid a sluggish market.