Showing 1 - 10 of 405
UHG banking on new hotel rooms for 20% growth
Kanana Katharangsiporn, Published on 27/04/2026
» Despite a 10-20% decline in European tourist arrivals following the Middle East conflict, commercial property developer UHG is targeting 20% growth this year driven by the opening of a new hotel and the addition of rooms at an existing property.
Caution urged in uncertain market
Business, Kanana Katharangsiporn, Published on 23/04/2026
» Residential developers should adopt a cautious approach to new launches while strengthening revenue, cash flow and cost management, according to SCB Economic Intelligence Center (EIC).
War set to boost condo demand in major markets
Business, Kanana Katharangsiporn, Published on 21/04/2026
» Condominiums and rental homes in key destinations, including Bangkok, Phuket, Pattaya, Samui and Chiang Mai, are likely to benefit from migration from countries affected by the Middle East conflict, according to property consultancy Colliers Thailand.
Construction costs rise on tensions
Business, Kanana Katharangsiporn, Published on 21/04/2026
» Middle East tensions have pushed construction material prices to their highest level since the pandemic, increasing cost pressures on contractors, according to Kasikorn Research Center.
Construction, property shift tactics
Business, Kanana Katharangsiporn, Published on 07/04/2026
» The construction and property sectors are being forced to adjust strategies and build greater resilience to cope with volatile energy prices, as the Middle East conflict drives up both energy and construction material costs, according to Siam Commercial Bank Economic Intelligence Center (EIC).
Developers scurry to secure prices
Business, Kanana Katharangsiporn, Published on 02/04/2026
» Residential developers are rushing to lock in construction material prices through upfront cash payments and bulk purchase agreements, while optimising logistics for cost efficiency ahead of further increases driven by surging oil prices.
Supalai joins forces with SISB for Rangsit housing project
Business, Kanana Katharangsiporn, Published on 02/04/2026
» SET-listed developer Supalai has joined hands with Singapore International School (SISB) for its Rangsit project following a land acquisition of more than 300 rai, its largest in years, aiming to attract housing demand from parents seeking proximity to quality education.
Mideast expats eye Thai luxury homes
Business, Kanana Katharangsiporn, Published on 01/04/2026
» The conflict in the Middle East has begun to prompt expatriates working in the region, as well as buyers from affected countries, to seek ready-to-move residential units in beach destinations, particularly Phuket.
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
Cautious developers to cut Bangkok housing launches
Kanana Katharangsiporn, Published on 16/03/2026
» New residential supply launched in Greater Bangkok this year is expected to continue to decline after hitting a multi-year low in 2025, as a large amount of inventory remains unsold and developers become more cautious about investment.