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GENERAL

Safety rattles Chinese

Business, Molpasorn Shoowong, Published on 15/12/2023

» Tourism operators in China say safety remains the major concern for Thailand tour packages, predicting trips here might reach the pre-pandemic level by 2025.

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PROPERTY

The Great Room bullish on prospects

Molpasorn Shoowong, Published on 08/11/2023

» Businesses providing co-working spaces have maintained a steady growth post-pandemic as people return to work by opting for a flexible working space, with the Asia-Pacific region reporting a higher utilisation rate than other regions, according to The Great Room, an operator of co-working spaces.

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GENERAL

AWC posts solid bookings, room rates

Business, Molpasorn Shoowong, Published on 12/10/2023

» SET-listed Asset World Corp (AWC) reported solid bookings and the best daily room and occupancy rates since listing on the stock market, while the Tourism Authority of Thailand (TAT) expects at least 4 million Chinese arrivals this year.

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GENERAL

Airline price war unlikely amid high operational costs

Business, Molpasorn Shoowong, Published on 16/09/2023

» Airlines in Thailand are not expected to start another price war in the near future, while the Civil Aviation Authority of Thailand (CAAT) plans to maintain ceiling ticket prices despite higher operational costs.

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GENERAL

Tourism set to fall short

Business, Molpasorn Shoowong, Published on 18/07/2023

» Tourism revenue from the international market in 2024 will not be able to match the level recorded in 2019, as the target has been downgraded to 1.92 trillion baht from an earlier target of 2.29 trillion baht due to the impact of a "polycrisis", according to the Tourism Authority of Thailand (TAT).

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BUSINESS

Pattaya confronts slow rebound

Business, Molpasorn Shoowong, Published on 13/07/2023

» Tourism operators on the Eastern seaboard project a restrained year in terms of revenue as Chinese visitors trickle back as their economy struggles.

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BUSINESS

Indian tourism hit by rising travel costs

Business, Molpasorn Shoowong, Published on 03/06/2023

» Inbound tourism operators for the Indian market have voiced concerns over the slow processing of visa applications, high airfares and an increase in the outbound tax rate from India, as these factors could result in fewer visitors from the subcontinent, causing the Thai government to miss its target of 2 million this year.

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BUSINESS

Tempting visitors to find their chi

Business, Molpasorn Shoowong, Published on 27/03/2023

» As fears of Covid-19 infections die down in parallel with new cases declining globally, medical and wellness tourism is predicted to keep growing at a steady pace.

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BUSINESS

Hotels, tour agents fix gaze on China

Business, Molpasorn Shoowong, Published on 23/02/2023

» Spending among Chinese tourists has not been affected by the global economic slowdown as there is huge pent-up demand following a three-year hiatus, helping to stimulate the market, says a travel agent group.

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BUSINESS

Giving sports a fighting chance

Business, Molpasorn Shoowong, Published on 26/12/2022

» In the wake of Covid-19, demand growth for health and wellness activities as well as sport tourism has exceeded estimates.