Showing 1 - 10 of 134
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.
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.
TOA banks on premium paints as growth sags
Business, Kanana Katharangsiporn, Published on 05/03/2026
» SET-listed TOA Paint (Thailand) plans to continue launching new products in the premium segment while expanding into the economy segment amid a slowing economic outlook, targeting 4% sales growth this year.
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.
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.
Supalai keen on warehouse venture
Kanana Katharangsiporn, Published on 30/01/2026
» SET-listed developer Supalai is eyeing expansion into the warehouse business after forming a joint venture with Chinese investor AuGroup to develop a facility in Chon Buri, targeting tenants using Thailand as a tax-efficient export base.
CPN planning expansion of budget Go Hotel chain
Business, Kanana Katharangsiporn, Published on 17/01/2026
» SET-listed Central Pattana (CPN) is planning a nationwide expansion of its budget hotel chain Go Hotel to capitalise on a limited supply of national brands offering affordable accommodation.
Pressured property developers look to adapt
Kanana Katharangsiporn, Published on 29/12/2025
» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.
Origin plans 17 hotels, 2 retail projects
Kanana Katharangsiporn, Published on 16/12/2025
» Origin Hotel plans to invest about 7.5 billion baht per year from 2026 to 2030 to develop 17 hotels and two retail projects through joint ventures with partners using a develop-operate-sell model.
Stecon keen to capture data centre frenzy
Business, Kanana Katharangsiporn, Published on 02/12/2025
» SET-listed contractor Stecon Group is capitalising on strong growth in the data centre sector, expanding via investments, construction, water management and renewable energy.