Showing 1 - 10 of 13
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.
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.
Call for incentives to lure foreign firms
Business, Narumon Kasemsuk, Published on 29/08/2024
» SET-listed Asset World Corp (AWC) is urging the government to provide incentives for overseas companies to establish their regional headquarters in Thailand, which could help strengthen the economy during a tough time.
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.
Shrimp seller pivots to luxury living in Pattaya
Business, Narumon Kasemsuk, Published on 21/01/2023
» Established in 1982, Seafresh Industry Plc is one of the largest manufacturers and distributors of frozen raw shrimp in Thailand, earning annual revenue of around 7 billion baht.
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%.
TAT urged to target rich crypto tourists
Business, Narumon Kasemsuk, Published on 24/11/2021
» A new tourism ecosystem targeting global cryptocurrency holders could provide a huge boost to national GDP if the Tourism Authority of Thailand (TAT) shifted away from traditional marketing to attract new nano entrepreneurs.
Strict rules bar hotels from asset warehousing scheme
Business, Narumon Kasemsuk, Published on 17/07/2021
» More Thai hotels may opt to sell their properties if the stringent measures set for financial aid schemes, such as asset warehousing, prevent them from accessing soft loans.
Hospitality by design
Business, Narumon Kasemsuk, Published on 05/06/2021
» Phuket, a magnet for beach worshippers, anticipates the return of international direct flights to the island for the first time in 15 months when the city reopens to inoculated tourists from July.
Hotel sector wants to extend domestic stimulus schemes
Business, Narumon Kasemsuk, Published on 06/05/2021
» The hotel sector is urging the government to extend domestic stimulus programmes to cover the high season in the final quarter, after those projects were interrupted by the third outbreak.