Showing 1 - 7 of 7
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.
Hotel eyeing 80% occupancy
Business, Kanana Katharangsiporn, Published on 31/01/2024
» Courtyard by Marriott Bangkok Suvarnabhumi Airport, a new hotel owned by members of the Jiaravanont and Lamsam families, aims to achieve an 80% occupancy rate in its first year, given its strategic location that attracts a varied segment.
Scoot hopeful to increase seat capacity by year-end
Business, Kanana Katharangsiporn, Published on 05/09/2022
» Scoot, the low-cost subsidiary of Singapore Airlines, is hoping to increase its seat capacity to 80% of the level recorded before the Covid-19 pandemic by the end of the year, before adding more flights to match or outpace previous levels in the first half of 2023.
Bullish Standard targets 2nd-tier cities
Business, Kanana Katharangsiporn, Published on 21/07/2022
» Standard International, a hospitality subsidiary of SET-listed developer Sansiri Plc, plans to tap second-tier cities like Ayutthaya and Rayong with Bunkhouse, its boutique brand.
Occupancy rate in Bangkok CBD dips in Q3
Business, Kanana Katharangsiporn, Published on 20/11/2020
» The average occupancy rate for prime office space in the central business district (CBD) in the third quarter decreased to 91.6% from 93.6% in the second quarter, as companies affected by the Covid-19 outbreak scaled down their space.
Hoteliers prepare for a changing traveller profile
Business, Kanana Katharangsiporn, Published on 22/06/2020
» Although local tourists will be key to a tourism recovery, hoteliers should prepare for a change in foreign tourist behaviour, says Proud Group, a leisure and hospitality development firm.
Developers in crisis mode
Business, Kanana Katharangsiporn, Published on 30/03/2020
» As the coronavirus crisis crushes global and national GDP growth, property-related firms are rolling out expense controls and business continuity plans while seeking new revenue sources and ways to minimise the impact on their customers.