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Search Result for “tourism slump”

Showing 1 - 10 of 263

BUSINESS

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.

PROPERTY

Phuket investment poised to cool further this year

Kanana Katharangsiporn, Published on 10/02/2026

» Phuket's residential property development investment is set to cool further in 2026, extending its decline from a historic peak of 190 billion baht in 2024, although underlying market demand remains resilient.

PROPERTY

Condo sales likely to remain flat on muted purchasing power

Business, Kanana Katharangsiporn, Published on 23/01/2026

» The condo market in 2026 is expected to remain subdued but more selective, with developers prioritising inventory clearance, premium pricing and differentiated projects, amid weak domestic purchasing power and prolonged economic uncertainty.

PROPERTY

Land & Houses projects housing slump amid economic stagnation

Business, Kanana Katharangsiporn, Published on 22/01/2026

» SET-listed developer Land & Houses (LH) plans to launch only two residential projects worth a combined 3.66 billion baht in 2026, the lowest level in more than two decades, due to a sluggish economy and unpredictable housing market conditions.

BUSINESS

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.

PROPERTY

Phuket property still hot

Kanana Katharangsiporn, Published on 14/01/2026

» Phuket's property market is outperforming Bangkok's cooling residential sector as the island transitions from a seasonal getaway to a year-round global community, primed for a new wave of international investment, according to property consultancies.

PROPERTY

Deal volume in real estate capital market best since 2020

Business, Kanana Katharangsiporn, Published on 12/01/2026

» Bangkok's real estate capital market remained active in 2025, recording its highest deal volume since the pandemic, driven by a recovery in tourism, portfolio diversification and renewed investor confidence, according to property consultancy CBRE Thailand.

PROPERTY

Housing set to remain stagnant in 2026

Business, Kanana Katharangsiporn, Published on 09/12/2025

» The residential sector is expected to remain challenging for developers in 2026, weighed down by weak consumer confidence and a sluggish economy, continuing the soft momentum seen in the first nine months of 2025, when revenue and profit declined.

PROPERTY

Samui market resembles Phuket's 2022 peak

Kanana Katharangsiporn, Published on 28/11/2025

» The Samui property market now mirrors Phuket's 2022 peak, with newly launched villas reaching a 15-year high and land prices up 10%, according to property consultancy Colliers Thailand.

PROPERTY

Phuket high-end markets see solid growth

Business, Kanana Katharangsiporn, Published on 27/11/2025

» Phuket's high-end villa and condo markets remain robust, supported by steady demand from foreign buyers, particularly long-stay travellers and remote workers, despite a slowdown in tourism.