Showing 1 - 10 of 88
Excess supply seen in capital
Business, Kanana Katharangsiporn, Published on 23/10/2025
» Hotels in Greater Bangkok should brace for an influx of new supply while average occupancy rates declined, contrary to rising figures in other regions, according to the Real Estate Information Center (REIC).
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.
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.
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.
Frasers Thailand upbeat on industrial property
Business, Kanana Katharangsiporn, Published on 15/05/2025
» SET-listed developer Frasers Property (Thailand) (FPT) expects its industrial property business to reach a new peak in 2025, with revenue hitting 4 billion baht and the overall occupancy rate climbing to 91%, driven by strong demand.
Foreigners key to North's residential market
Business, Kanana Katharangsiporn, Published on 18/03/2025
» The residential market in Chiang Mai and Chiang Rai will need to rely on demand from China and Myanmar, along with locals in the upper-end segment as lower-income earners continue to struggle in terms of purchasing power and access to mortgage loans.
Frasers Property seeks 11% annual revenue growth
Business, Kanana Katharangsiporn, Published on 28/01/2025
» As risks and uncertainties persist in 2025, SET-listed developer Frasers Property (Thailand) (FPT) aims to maintain investments and new project launches at last year's levels, targeting 11% annual revenue growth to 16 billion baht.
Industrial estate sales boom to persist
Kanana Katharangsiporn, Published on 13/01/2025
» Land sales in industrial estates are expected to remain robust in 2025, building on strong demand from last year, driven by changes in US import and foreign policies, according to property firm Cushman & Wakefield Thailand.
Thai luxury properties dominate in Asia
Kanana Katharangsiporn, Published on 11/12/2024
» Phuket and Bangkok are among the top three destinations in Asia with the highest number of branded residence units, while Thailand ranks first in terms of value, according to C9 Hotelworks, a hospitality and real estate consultancy.
UHG bags Ekkamai plot for mid-tier hotel
Business, Kanana Katharangsiporn, Published on 12/11/2024
» Commercial property developer UHG continues its acquisition of prime plots of land, leasing a one-rai site on Soi Ekkamai currently occupied by an apartment complex in order to invest 600 million baht in the development of a mid-tier hotel, prompted by enforcement of the land and building tax.