Showing 1 - 10 of 18
Sugar tycoons branch into hotel investments
Business, Kanana Katharangsiporn, Published on 04/03/2026
» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.
New infrastructure expected to boost market in Northeast
Business, Kanana Katharangsiporn, Published on 19/09/2025
» New infrastructure is expected to revive the economy and strengthen home purchasing power in Nakhon Ratchasima and Udon Thani, as transfer and mortgage fee cuts and lower interest rates have had a limited effect, according to local developers.
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.
Bangkok occupancy rates bounce back in Q1
Business, Kanana Katharangsiporn, Published on 14/05/2024
» Hotel occupancy rates in Bangkok during the first quarter of 2024 bounced back close to pre-pandemic levels, primarily fuelled by an influx of Mice (meetings, incentives, conferences and exhibitions) travellers.
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.
Tourism, agriculture beefs up demand in Northeast
Business, Kanana Katharangsiporn, Published on 19/04/2023
» The Mice (meetings, incentives, conventions and exhibitions), tourism and agricultural sectors are expected to continue driving housing demand in major provinces in the Northeast despite the rate of inflation, with the help of China’s reopening earlier this year.
Property Perfect records hotel revenue surge in Q1
Business, Kanana Katharangsiporn, Published on 05/04/2023
» SET-listed developer Property Perfect recorded hotel revenue growth of more than four times in the first quarter of 2023 thanks to a robust recovery in the tourism sector.
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.
Grande Asset aiming to reach B6bn in revenue this year
Business, Kanana Katharangsiporn, Published on 08/02/2023
» Grande Asset Hotels and Property Plc aims to record 6 billion baht in revenue this year, more than triple the total posted last year, as the hotel business has bounced back to the pre-pandemic level.
Expansion in Khon Kaen residential to persist in H2
Business, Kanana Katharangsiporn, Published on 22/09/2022
» The Khon Kaen residential market is projected to continue its robust growth in the second half of 2022, driven by positive momentum from a recovery of economic activities in the third quarter.