Showing 1 - 10 of 15
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.
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.
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.
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.
Supalai invests B12.6bn in Australian cities
Kanana Katharangsiporn, Published on 03/09/2024
» SET-listed developer Supalai will earmark 12.6 billion baht for acquiring and developing 12 residential projects in five Australian cities, following a decade in which it invested 9.7 billion baht in 12 projects across four cities.
Revolutionising retail: KE Group and Ally Reit join forces to launch Ally Sky rewards
Business, Kanana Katharangsiporn, Published on 26/06/2023
» KE Group has partnered with Ally Leasehold Real Estate Investment Trust (REIT) to revolutionise the retail sector with the introduction of the Ally Sky Rewards application. This loyalty programme will cater to shoppers in 11 shopping malls within Ally REIT's portfolio, making it Thailand's first loyalty programme that covers all shops across different mall brands.
Weak pound pushes up UK property sales
Business, Kanana Katharangsiporn, Published on 10/04/2023
» Property consultant Knight Frank Thailand expects a surge of more than 40% in sales of British real estate to Thai buyers, tallying 1 billion baht, with investors and currency the main factors.
FPIT allots B4bn to expand warehouses, factories
Business, Kanana Katharangsiporn, Published on 05/08/2022
» Industrial estate developer Frasers Property Industrial (Thailand) or FPIT will spend 4 billion baht to expand new warehouses, built-to-suit factories and city micro storage centres to capitalise on rising demand.
NVD readies seven new projects for second half
Business, Kanana Katharangsiporn, Published on 23/05/2022
» After freezing new project launches for almost two years, SET-listed developer Nirvana Daii (NVD) plans to introduce seven new residential projects worth a combined 11 billion baht in the second half.
Call for condo reform to lure foreigners
Business, Kanana Katharangsiporn, Published on 28/10/2021
» The government has been urged to simplify money transfers and provide more medical staff to support wealthy pensioners if the country wants to boost the economy through foreign property ownership.