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Search Result for “basis points”

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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

Domestic airfares continue to decrease

Business, Narumon Kasemsuk, Published on 04/12/2025

» Despite a dispute over expensive airfares to flood-stricken Hat Yai, average domestic ticket prices this year continued to decline, as low-cost carriers fled from underperforming Chinese routes to add domestic flights and avoid competition with state-backed Chinese airlines.

BUSINESS

Early birds to benefit most from planned tourism subsidies

Narumon Kasemsuk, Published on 03/07/2025

» The 750-million-baht subsidy for airlines and tour groups to stimulate the tourism industry will be distributed on a first-come, first-served basis, aiming to generate 33.5 billion baht in revenue, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Hoteliers take a chance with price fluctuation

Business, Narumon Kasemsuk, Published on 03/05/2025

» Room rates surged during the recent tourism high season, sparking criticism among some travellers who viewed Thai hotels as being more expensive than those in neighbouring countries.

BUSINESS

Domestic tourism subsidy faces delay

Narumon Kasemsuk, Published on 25/04/2025

» The Ministry of Tourism and Sports has assured hotel operators that the government will not cancel the 3.5-billion-baht subsidy scheme for domestic tourists during the low season, though the project will be delayed a month.

BUSINESS

Phuket hotels see solid high season

Business, Narumon Kasemsuk, Published on 25/03/2025

» Despite a sharp decline in Chinese arrivals flying direct to Phuket, hotels in the island could still record a solid high season for January and February with a 92% occupancy rate and average room rate surging 15% to 5,557 baht.

BUSINESS

The lowdown on long-stay visas

Business, Narumon Kasemsuk, Published on 01/03/2025

» Online debate over granting 60-day visa exemptions for tourists has intensified, fuelled by a string of incidents involving condos in Bangkok being illegally rented out on a daily basis, specifically targeting tourists.

BUSINESS

Trump tariffs put tourism on edge

Business, Narumon Kasemsuk, Published on 20/02/2025

» Uncertainty over the Chinese market and the effect of US President Donald Trump's policies are the most critical factors for the tourism industry in the first half, as airlines and hoteliers consider market trends after the high season.

BUSINESS

Rail delay affects U-tapao expansion

Business, Narumon Kasemsuk, Published on 03/12/2024

» The delay in constructing the high-speed railway connecting three airports has U-Tapao International Aviation Company (UTA) preparing to negotiate with the Eastern Economic Corridor (EEC), requesting an easing of some requirements in the expansion of U-tapao airport as the number of passengers would be affected by the absence of mass transit.

PROPERTY

Associations see minimal impact from rate cut

Business, Narumon Kasemsuk, Published on 01/11/2024

» Three property associations forecast a slim impact from the recent policy rate cut, as interest rates for mortgages were reduced by only 0.125%.