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Search Result for “renovations”

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BUSINESS

Thai hotels forced to cut room rates

Business, Nareerat Wiriyapong, Published on 03/09/2025

» Thailand's hotel sector is experiencing its first pricing pressure after four consecutive years of rate increases that have nearly doubled average room rates since 2021, as tourists from China and other major Asian markets have dropped significantly, says Tris Rating.

BUSINESS

Thai hotels cut room rates amid falling tourist numbers

Nareerat Wiriyapong, Published on 02/09/2025

» 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 tourists from China and other major Asian markets have dropped significantly, says Tris Rating.

BUSINESS

Holiday mood

Asia focus, Nareerat Wiriyapong, Published on 09/05/2022

» Returning to Phuket for the first time in three years, Henri Giscard d'Estaing is busy visiting government officials and business partners on the southern island world-renowned for its white sandy beaches, crystal clear waters, historical old town and delicious food.