Showing 1 - 10 of 62
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).
SCX allots B2bn for second Pattaya hotel
Business, Kanana Katharangsiporn, Published on 22/10/2025
» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.
Call for power upgrades to fuel data centres
Business, Kanana Katharangsiporn, Published on 16/10/2025
» Thailand's data centre capacity is projected to more than double over the next few years, but the government must upgrade power transmission lines and substations as electricity shortages are emerging in key provinces such as Chon Buri and Rayong.
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.
SCX's 2 new hotels to generate B900m
Business, Kanana Katharangsiporn, Published on 18/09/2025
» SET-listed developer SC Asset Corporation's subsidiary SCX Corporation, which manages its recurring-income assets, plans to open two new hotels in Bangkok and Pattaya over the next five weeks, targeting 900 million baht in revenue in 2026.
ThirdHome targets branded residences for growth in Thailand
Business, Kanana Katharangsiporn, Published on 01/07/2025
» ThirdHome, a luxury home exchange club for second-home owners, aims to persuade branded residences in Thailand to join its network amid a sluggish property market, with the goal of doubling its Thai properties to 100 by the end of 2025.
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.
Wealthy Chinese still keen on Thai property
Kanana Katharangsiporn, Published on 17/04/2025
» Wealthy Chinese buyers have shifted from the United States to Thailand for overseas homes, with Thailand rising from seventh to first place last year, though safety remains a concern.
Thai luxury properties dominate in Asia
Kanana Katharangsiporn, Published on 11/12/2024
» Phuket and Bangkok are among the top three destinations in Asia with the highest number of branded residence units, while Thailand ranks first in terms of value, according to C9 Hotelworks, a hospitality and real estate consultancy.
JLL Thailand anticipates double-digit growth in 2025
Business, Kanana Katharangsiporn, Published on 28/11/2024
» Property consultant JLL Thailand expects to sustain its growth in 2025, building on a 30% increase in 2024, the largest in five years, driven by hotel transactions, land deals, property management and consultancy services.