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Search Result for “take-up rate”

Showing 1 - 10 of 25

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GENERAL

Changes coming to airports

Business, Narumon Kasemsuk, Published on 19/02/2024

» Traffic congestion outside the departure halls of Suvarnabhumi airport, where clusters of cars and taxis vie for parking spaces to drop off passengers, has become the norm for travellers starting their outgoing journeys from the biggest airport in the country.

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GENERAL

Travel trends still sluggish

Business, Narumon Kasemsuk, Published on 12/12/2023

» This year could prove a disappointment not only for inbound tourism, with a weaker recovery than expected, but also for outbound tourism as only 60-70% of the total of Thais that travelled overseas in 2019 are slated to do so in 2023.

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GENERAL

Budget airlines set for struggle amid fierce competition

Business, Narumon Kasemsuk, Published on 19/10/2023

» New low-cost carriers in Southeast Asia may find it more difficult to survive as dominant players could engage in a dumping strategy to protect their market share, while seat resumption for airlines could take 10 years for a full recovery.

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GENERAL

Weak baht unlikely to hit Thai travellers

Business, Narumon Kasemsuk, Published on 06/10/2023

» The outbound travel market is not expected to be critically affected by the weak baht and fluctuations in foreign currency exchange as prospective tourists with purchasing power are ready to travel during the cool season, while airlines are increasing flights.

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BUSINESS

Shrimp seller pivots to luxury living in Pattaya

Business, Narumon Kasemsuk, Published on 21/01/2023

» Established in 1982, Seafresh Industry Plc is one of the largest manufacturers and distributors of frozen raw shrimp in Thailand, earning annual revenue of around 7 billion baht.

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BUSINESS

Tourism singled out for big rebound

Business, Narumon Kasemsuk, Published on 08/12/2022

» Thai tourism should see a big recovery next year as airline capacity increases, while hotel operators are urging the government to bridge the income gap between large and small hotels, according to a forum held on Wednesday.

BUSINESS

Downturn hits exhibitions as firms cut costs

Business, Narumon Kasemsuk, Published on 21/10/2022

» The global economic slowdown has affected the exhibition business in Thailand as international exhibitors and visitors cut costs and downsize their spaces.

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BUSINESS

Weaker baht hits travel

Business, Narumon Kasemsuk, Published on 27/09/2022

» Outbound Thai travel is expected to stay subdued as a result of the weak baht, poor purchasing power and cryptocurrency losses, despite the reopening of Japan and Taiwan.

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BUSINESS

Landlords jittery over seizure risk

Business, Narumon Kasemsuk, Published on 23/08/2022

» Landlords in the hotel sector have raised concerns about the government's policy to confiscate vacant land which has not been utilised for 10 years as there are no proper schemes or environment-related laws from state authorities to help develop the land for public benefit.

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BUSINESS

Mice market sees promising second half

Business, Narumon Kasemsuk, Published on 10/08/2022

» The Mice (meetings, incentives, conventions and exhibitions) segment has started to see busy schedules from international events in the second half as full reopening creates momentum for a gradual recovery.