Showing 1 - 4 of 4
Thai hotels face double whammy from US tariffs
Business, Nareerat Wiriyapong, Published on 15/05/2025
» Thai hotels are likely to face secondary effects from the US reciprocal tariffs as slowing tourist arrivals may cause hoteliers to cut prices or introduce more aggressive campaigns at home, while their overseas operations cannot escape the impact of the global economic slowdown.
Maybank scrutinises impact from proposed casino project
Business, Nareerat Wiriyapong, Published on 09/04/2024
» Entertainment complexes with gambling venues could generate 187 billion baht in revenue per year, or roughly 1% of Thailand's GDP, with the first complex projected to operate by fiscal 2029, says Maybank Securities.
Chinese rebound helps hoteliers
Business, Nareerat Wiriyapong, Published on 27/12/2023
» Chinese tourist arrivals are recovering at a faster pace this month and the momentum is expected to persist through to Chinese New Year on Feb 10, helping local hotels during the high season, say analysts.
TAT aims for 800,000 UK visitors next year
Business, Nareerat Wiriyapong, Published on 09/11/2022
» London: Thailand is hoping to attract 800,000 visitors from the UK in 2023, twice as many as the 400,000 expected this year, as a major drive for the country to achieve overall tourism revenue of 1.73 trillion baht next year, the Tourism Authority of Thailand (TAT) said yesterday.