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Search Result for “tourist spending”

Showing 1 - 10 of 199

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.

BUSINESS

Jorakay sees steady growth despite housing slowdown

Business, Kanana Katharangsiporn, Published on 27/01/2026

» Jorakay Corporation, a manufacturer of tile adhesives, grouting products and construction chemicals, expects to achieve 10% growth this year despite a property market slowdown, supported by continued strength in second-hand housing.

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.

BUSINESS

TOA Paint pins hopes on stimulus to foster growth

Business, Kanana Katharangsiporn, Published on 29/10/2025

» SET-listed TOA Paint (Thailand) expects modest growth this year despite a sluggish market, banking on the government's co-payment scheme leaving consumers with a greater amount of disposable income for home renovations in the fourth quarter.

BUSINESS

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).

BUSINESS

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.

PROPERTY

Phuket real estate cools in first half

Business, Kanana Katharangsiporn, Published on 25/09/2025

» Phuket's condo and villa market cooled markedly in the first half of 2025, with both new launches and sales contracting by more than 50% from the same period in 2024, after two consecutive years of peak new supply in 2023–24.

PROPERTY

Retail property occupancy rates set to fall below 95%

Business, Kanana Katharangsiporn, Published on 23/09/2025

» New retail property supply in 2025-26 is projected to outpace demand, pushing occupancy rates below 95% while capping rental growth at 1-2% annually, as competition among major developers intensifies and demand recovery remains sluggish.

PROPERTY

Phuket sees bumper year for property market

Business, Kanana Katharangsiporn, Published on 01/09/2025

» Despite a weak first half and the continued absence of Chinese buyers, Phuket's residential market in 2025 is expected to be among the busiest in terms of new launches and sales, according to property analysts.

PROPERTY

Thai property market reaches bottom in August

Business, Kanana Katharangsiporn, Published on 22/08/2025

» The residential market bottomed out this month and is expected to remain steady in the second half, with no clear catalysts for either a rebound or further deterioration, according to developers.