Showing 1 - 10 of 41
Hotel sector braces for challenging year
Business, Kanana Katharangsiporn, Published on 10/02/2026
» Thailand's hotel sector will remain highly challenging in 2026, pressured by multiple factors, including uncertainty in key foreign markets amid global geopolitical risks and the continued strength of the baht, according to Kasikorn Research Center.
Excess supply seen in capital
Business, Kanana Katharangsiporn, Published on 23/10/2025
» Hotels in Greater Bangkok should brace for an influx of new supply while average occupancy rates declined, contrary to rising figures in other regions, according to the Real Estate Information Center (REIC).
Ascott sees revenue and rates reviving next year
Business, Kanana Katharangsiporn, Published on 09/10/2025
» The Ascott Limited Thailand, the wholly owned lodging business unit of Singapore-based CapitaLand Investment, expects revenue, occupancy and room rates to recover in 2026, with plans to diversify into resort destinations such as Phuket and secure a management contract in Hat Yai.
Expat demand keeps Sukhumvit dominant in rental market
Kanana Katharangsiporn, Published on 15/09/2025
» The Sukhumvit corridor continued to dominate downtown Bangkok's rental housing market in the second quarter, with expatriate demand, particularly from the Japanese, supporting high occupancy and driving rents up despite a slight quarterly dip.
Thai property market reaches bottom in August
Business, Kanana Katharangsiporn, Published on 22/08/2025
» The residential market bottomed out this month and is expected to remain steady in the second half, with no clear catalysts for either a rebound or further deterioration, according to developers.
TOA Paint planning to tap alternate product segments
Business, Kanana Katharangsiporn, Published on 05/05/2025
» SET-listed TOA Paint (Thailand) aims to sustain sales this year via repainting and new product segments amid global economic uncertainty and a sluggish domestic economy.
Jorakay eyes 10% growth as overseas sales boom
Business, Kanana Katharangsiporn, Published on 01/05/2025
» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals, is targeting 10% sales growth this year as its key export markets in Southeast Asia remain unaffected by US tariffs.
Jorakay plans new factory in Vietnam
Business, Kanana Katharangsiporn, Published on 02/05/2024
» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals under the Crocodile brand, plans to invest 300 million baht in 2028 to set up a factory in Vietnam to tap strong demand and expand its export base to the Philippines and Indonesia.
Visa waivers, AI fuel Chinese market
Business, Kanana Katharangsiporn, Published on 12/12/2023
» The surge in outbound tourism among Chinese travellers can be attributed to strategic visa policies and artificial intelligence-powered travel assistants, according to China's largest online travel platform Trip.com Group.
Centara aims for world's top 100
Business, Kanana Katharangsiporn, Published on 22/07/2023
» Following the successful opening of Centara Grand Hotel Osaka in Japan this month, Centara Hotels & Resorts Plc is poised to mark another milestone in its business history.