Showing 1 - 10 of 171
UHG banking on new hotel rooms for 20% growth
Kanana Katharangsiporn, Published on 27/04/2026
» Despite a 10-20% decline in European tourist arrivals following the Middle East conflict, commercial property developer UHG is targeting 20% growth this year driven by the opening of a new hotel and the addition of rooms at an existing property.
Caution urged in uncertain market
Business, Kanana Katharangsiporn, Published on 23/04/2026
» Residential developers should adopt a cautious approach to new launches while strengthening revenue, cash flow and cost management, according to SCB Economic Intelligence Center (EIC).
Industrial land prices flat as Chinese investors sell up
Business, Kanana Katharangsiporn, Published on 22/04/2026
» Despite strong demand, average asking prices for industrial land are expected to remain flat due to an influx of land from Chinese investors unable to lease or operate businesses on their plots, according to property consultancy Cushman & Wakefield Thailand.
War set to boost condo demand in major markets
Business, Kanana Katharangsiporn, Published on 21/04/2026
» Condominiums and rental homes in key destinations, including Bangkok, Phuket, Pattaya, Samui and Chiang Mai, are likely to benefit from migration from countries affected by the Middle East conflict, according to property consultancy Colliers Thailand.
Construction, property shift tactics
Business, Kanana Katharangsiporn, Published on 07/04/2026
» The construction and property sectors are being forced to adjust strategies and build greater resilience to cope with volatile energy prices, as the Middle East conflict drives up both energy and construction material costs, according to Siam Commercial Bank Economic Intelligence Center (EIC).
Mideast expats eye Thai luxury homes
Business, Kanana Katharangsiporn, Published on 01/04/2026
» The conflict in the Middle East has begun to prompt expatriates working in the region, as well as buyers from affected countries, to seek ready-to-move residential units in beach destinations, particularly Phuket.
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.
The allure of the self-built home market
Kanana Katharangsiporn, Published on 14/03/2026
» Although the self-built home market is sizeable, with an annual value of up to 200 billion baht, residential developers had largely overlooked the segment until last year when a handful of large and mid-sized developers entered the fray.
Sansiri confident amid global turmoil
Kanana Katharangsiporn, Published on 11/03/2026
» Construction costs for housing and condo projects already launched remain largely unaffected by global uncertainties, although a prolonged rise in oil prices could push up building costs for new developments, says SET-listed developer Sansiri.
Hotel sector braces for challenging year
Business, Kanana Katharangsiporn, Published on 10/02/2026
» Thailand's hotel sector will remain highly challenging in 2026, pressured by multiple factors, including uncertainty in key foreign markets amid global geopolitical risks and the continued strength of the baht, according to Kasikorn Research Center.