Showing 1 - 10 of 12
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.
Pruksa continues scaling back launches this year
Business, Kanana Katharangsiporn, Published on 04/03/2026
» SET-listed developer Pruksa Holding continues to scale back new residential launches this year, planning only seven projects worth a combined 8.2 billion baht as it shifts focus to clearing unsold inventory worth 66 billion baht and expanding recurring-income assets.
IHG brand targeting independent hotels
Business, Kanana Katharangsiporn, Published on 02/09/2025
» International chain IHG Hotels & Resorts aims to persuade independent hotel owners to convert their properties to its new brand, Garner, with the first location in Southeast Asia and second in Asia set to open in Pattaya in November 2025.
Co-working space firm lines up 6 new branches
Business, Kanana Katharangsiporn, Published on 03/07/2025
» Co-working space operator IWG plans to open six new branches in Bangkok, Phuket, Pattaya, Rayong and Nonthaburi over the next six months, with half repurposing space in malls to fill vacancies.
UHG to sink B1.5bn into hotel expansion
Business, Kanana Katharangsiporn, Published on 09/05/2025
» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.
Bangkok office vacancy rates rise
Business, Kanana Katharangsiporn, Published on 25/10/2024
» The vacancy rates for Bangkok office space has continued to rise, particularly in the central business district (CBD), driven by a significant increase in new premium-grade supply, according to property consultant CBRE Thailand.
Sena unveils rent-to-own condo scheme
Business, Kanana Katharangsiporn, Published on 11/04/2024
» SET-listed developer Sena Development is launching a rent-to-own programme for ready-to-move-in condos, aiming to close sales of 1,000 units worth 1.4 billion baht by the end of the year.
LPN eyes condo revenue of B5bn
Kanana Katharangsiporn, Published on 26/02/2024
» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.
Siamese Asset plans 6 new residential projects
Business, Kanana Katharangsiporn, Published on 12/03/2022
» SET-listed developer Siamese Asset is planning to launch six new residential projects worth a combined 11.6 billion baht, with one offering nursing care facilities for elderly and rehabilitation patients.
Equity funds hunt for projects
Business, Kanana Katharangsiporn, Published on 08/06/2020
» Thai and overseas private equity funds are looking for property projects whose developers are financially strapped, keen to take over with a target yield of 5% annually for at least seven years, according to property consultancy Phoenix 1010 Holding Co.