Showing 1 - 10 of 43
Hotels digitise as a survival strategy
Business, Kanana Katharangsiporn, Published on 10/11/2025
» Thai hotels are accelerating digital and pricing strategies to stay competitive as international arrivals slow and the Chinese market, once Thailand's biggest tourism driver, remains tepid.
Stecon ventures into property development
Business, Kanana Katharangsiporn, Published on 01/10/2025
» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.
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.
Asset World Corp unveils Yaowarat project
Business, Kanana Katharangsiporn, Published on 24/01/2025
» SET-listed Asset World Corp (AWC) has unveiled its new Woeng Nakornkasem Yaowarat project, valued at 16.5 billion baht, which took four years to plan, with construction projected to take five years.
Housing market unmoved by rate cut
Kanana Katharangsiporn, Published on 06/11/2024
» The recent 0.25-percentage-point cut in interest rates is unlikely to have an immediate effect on the housing market as the reduction is too modest to generate a significant impact, according to SET-listed developer Sena Development.
Bluport adds convention hall to Hua Hin mall
Business, Kanana Katharangsiporn, Published on 04/07/2024
» Hua Hin Asset, the developer and operator of Bluport Hua Hin Resort Mall, is adding a 3,000-square-metre convention hall to attract new target visitors and tenants, aiming to boost occupancy to 90% and reach the break-even point within three years.
UHG to invest B3.1bn to develop two new hotels
Business, Kanana Katharangsiporn, Published on 07/10/2023
» Hotel and office developer UHG plans to invest 3.1 billion baht to develop two new hotels in the Ramkhamhaeng and Phaya Thai areas to capitalise on the potential of these locations and meet high demand from its hotels nearby.
Siamese Asset targets green certification for all new projects
Business, Kanana Katharangsiporn, Published on 10/06/2023
» SET-listed developer Siamese Asset plans to apply for green certification for all of its new projects, hoping to qualify for a green loan from the World Bank Group's International Finance Corporation (IFC).
Sansiri banking on hospitality foray
Business, Kanana Katharangsiporn, Published on 02/03/2023
» Developer Sansiri Plc is pinning its hopes on its hospitality business called The Standard International as tourism is expected to boom for three years.
UHG forecasts revenue to increase by 40% this year
Business, Kanana Katharangsiporn, Published on 28/02/2023
» Hotel and office developer UHG is forecasting a 40% increase in revenue this year, banking on robust demand from foreign tourists and the Mice (meetings, incentives, conventions, and exhibitions) sector in Bangkok.