Showing 1 - 10 of 24
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.
Dusit Thani to be a cautious investor
Kanana Katharangsiporn, Published on 28/06/2025
» Hospitality firm Dusit Thani Plc plans to adopt a more cautious approach to new investments amid economic uncertainty, in a bid to recognise revenue from its residential projects by year-end.
Samui hotel bookings spike on TV fame
Kanana Katharangsiporn, Published on 03/03/2025
» Room rates at luxury hotels on Koh Samui have surged by 40-50% after season 3 of The White Lotus aired two weeks ago, but they still have not reached the peak levels recorded in Phuket and Bangkok, according to property consultant JLL.
Phuket posts over 10% rental yield
Kanana Katharangsiporn, Published on 30/10/2024
» The rental residential market in Phuket has generated an annual yield of more than 10% this year, driven by the ongoing tourism and property boom, which has fuelled high demand for short- and long-term rental properties in prime areas.
UHG allots B1bn for two mid-tier hotels
Business, Kanana Katharangsiporn, Published on 01/08/2024
» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.
Foreign buyers drive Q1 condo sales
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).
Montara to host Phuket health resort
Business, Kanana Katharangsiporn, Published on 29/04/2024
» Montara Hospitality Group, the owner and operator of luxury resort Trisara, expects to increase sales of high-priced villas at new project Tri Vananda through a partnership with Swiss holistic health company Clinique La Prairie, offering a health resort within the project.
SF invests B200m in bid to spur spending
Business, Kanana Katharangsiporn, Published on 06/02/2024
» Megabangna shopping mall has set aside a 200-million-baht marketing budget to increase customer traffic and spending per bill by 10-15%.
First phase of Laguna Lakelands unveiled
Kanana Katharangsiporn, Published on 05/02/2024
» Hospitality firm Banyan Group has launched the first phase of Laguna Lakelands, a 700-rai project worth US$2 billion.
China picked to catapult Thai economy
Business, Kanana Katharangsiporn, Published on 16/03/2023
» China's economic growth and the preference among Chinese for Thai properties should make it a key driver for the Thai economy and property market, according to economic and property analysts.