Showing 1 - 10 of 145
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.
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.
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.
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.
SCX allots B2bn for second Pattaya hotel
Business, Kanana Katharangsiporn, Published on 22/10/2025
» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.
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.
IHG brand targeting independent hotels
Business, Kanana Katharangsiporn, Published on 02/09/2025
» International chain IHG Hotels & Resorts aims to persuade independent hotel owners to convert their properties to its new brand, Garner, with the first location in Southeast Asia and second in Asia set to open in Pattaya in November 2025.
Bangkok residential market slumps to a 20-year nadir
Kanana Katharangsiporn, Published on 29/07/2025
» Competition for land purchases in Greater Bangkok has slowed as housing inventory rises, sales decline, and developers pivot to clearing unsold stock to generate cash amid the worst market conditions in two decades.
Residential index hits record low in Q1
Business, Kanana Katharangsiporn, Published on 15/07/2025
» The Thailand Overall Residential Market Index (TORMI) fell to its lowest level since the index was introduced in 2021 in the first quarter of 2025, even dropping below the levels recorded during the Covid-19 pandemic, according to the Real Estate Information Center (REIC).
Inno Precast moves away from housing
Business, Kanana Katharangsiporn, Published on 10/07/2025
» Inno Precast, a manufacturer and distributor of precast concrete, is shifting its focus to non-residential projects and end users, as the stagnant housing market is expected to take at least two years to recover.