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Search Result for “worst destinations”

Showing 1 - 10 of 149

PROPERTY

Developers scurry to secure prices

Business, Kanana Katharangsiporn, Published on 02/04/2026

» Residential developers are rushing to lock in construction material prices through upfront cash payments and bulk purchase agreements, while optimising logistics for cost efficiency ahead of further increases driven by surging oil prices.

PROPERTY

Mideast expats eye Thai luxury homes

Business, Kanana Katharangsiporn, Published on 01/04/2026

» The conflict in the Middle East has begun to prompt expatriates working in the region, as well as buyers from affected countries, to seek ready-to-move residential units in beach destinations, particularly Phuket.

BUSINESS

Singha Estate keeps emphasis on hotels

Business, Kanana Katharangsiporn, Published on 07/03/2026

» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.

BUSINESS

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.

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

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

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.

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.