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Search Result for “acquisition sign”

Showing 1 - 10 of 26

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

Dusit Thani family feud escalates

Business, Narumon Kasemsuk, Published on 27/08/2025

» The rift between the heirs of the founder of SET-listed Dusit Thani is now a dispute between two of the largest hospitality companies in Thailand.

SPORTS

Officials eager to host F1 event

Narumon Kasemsuk, Published on 12/06/2025

» Despite a delay in this week's cabinet meeting, the government remains committed to proceeding with an in-depth study of a business model for a Formula 1 (F1) race in Bangkok, with Chatuchak district expected to host a race from 2028.

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

Fears over decrease in Chinese New Year visitors

Business, Narumon Kasemsuk, Published on 09/01/2025

» Chinese tourist numbers might fall by 10-20% during the upcoming Lunar New Year due to lower safety confidence among travellers, following a Chinese actor who recently fell victim to a human trafficking gang using Thailand as a gateway, according to the Association of Thai Travel Agents (Atta).

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

Weak baht unlikely to hit Thai travellers

Business, Narumon Kasemsuk, Published on 06/10/2023

» The outbound travel market is not expected to be critically affected by the weak baht and fluctuations in foreign currency exchange as prospective tourists with purchasing power are ready to travel during the cool season, while airlines are increasing flights.

BUSINESS

Figuring out how to entice the Chinese

Business, Narumon Kasemsuk, Published on 20/09/2023

» China lifted strict travel restrictions more than eight months ago, but the number of visitors to Thailand still lags the previous pace.

BUSINESS

TAT optimistic about reaching long-haul market target

Business, Narumon Kasemsuk, Published on 13/04/2023

» Stronger air traffic in the summer, with a projection of more than 98,000 flights, should help each long-haul market to exceed 1 million visitors by the end of this year, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Taxi scam concerns visitors the most

Business, Narumon Kasemsuk, Published on 02/02/2023

» Overpriced taxi services are the leading complaint among foreign tourists, along with poor garbage management and facilitation at the airport, according to the Tourism Council of Thailand (TCT).