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Search Result for “acquisition”

Showing 1 - 5 of 5

BUSINESS

Report: Thai hotel rates increased 3% in 2025

Business, Narumon Kasemsuk, Published on 12/02/2026

» The average daily rate for hotels in Thailand surged by 3% last year to 4,984 baht and they recorded a longer average length of stay, with Booking.com, Agoda, and direct hotel bookings generating the most revenue, according to SiteMinder.

BUSINESS

AWC to sink B22bn into sector this year

Business, Narumon Kasemsuk, Published on 28/02/2025

» SET-listed Asset World Corp (AWC) is ramping up new investment to 22 billion baht in the hospitality sector this year to capture the rising tourism wave, starting with 8.7 billion baht to acquire the Le Concorde office and hotel on Ratchadaphisek Road.

BUSINESS

AirAsia looks outside Asean after divestment

Business, Narumon Kasemsuk, Published on 27/04/2024

» AirAsia wants to extend beyond Southeast Asia by offering aviation consulting and planning, separating aviation from non-aviation ventures.

BUSINESS

Dusit eyes major food business expansion

Business, Narumon Kasemsuk, Published on 10/09/2022

» Dusit Thani Plc aims to increase its food business revenue to 2.5 billion baht by 2027, raising its contribution to total revenue to 25-30%.

BUSINESS

Nok Air eyes stakes in rivals

Business, Narumon Kasemsuk, Published on 02/03/2021

» Nok Air finished debt negotiations with 50% of creditors in the buildup to the rehabilitation process while its biggest shareholders want to acquire stakes of competitors to control the aviation market.