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Search Result for “condo units”

Showing 1 - 10 of 19

BUSINESS

Tourism braces for impact of Mideast war

Business, Narumon Kasemsuk, Published on 10/03/2026

» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.

BUSINESS

Call for tourism relief blueprint

Business, Narumon Kasemsuk, Published on 28/11/2025

» The Tourism Council of Thailand (TCT) has proposed a 60-day relief framework to ease the impact on tourism businesses caused by severe flooding in the South, with damages estimated at more than 10 billion baht.

PROPERTY

New hotel law raises safety concerns

Business, Narumon Kasemsuk, Published on 02/06/2025

» The Thai Hotels Association (THA) has raised the alarm for property owners over a new draft law for hotels, warning it could infringe on the rights of residents and compromise tourist safety, which is already a blemish for Thailand.

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.

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%.

BUSINESS

AirAsia parent upbeat on prospects

Business, Narumon Kasemsuk, Published on 05/10/2024

» With airfares surging 30% post-pandemic, AirAsia Group says it will not hike its fares to maintain affordability for the mass market, while it seeks to add routes on other continents by utilising long-range single-aisle jets.

BUSINESS

Marriott expands apartment offerings

Business, Narumon Kasemsuk, Published on 04/10/2024

» Marriott Executive Apartments has added two properties in the untapped South Sukhumvit area, targeting both long-stay and daily leisure guests as the first five-star international brand in the neighbourhood.

BUSINESS

Hotels want stimulus amid weak recovery

Business, Narumon Kasemsuk, Published on 02/07/2024

» Hotel operators are pushing for a tax deduction or subsidy for renovation investment, especially for green energy, while the Tourism Authority of Thailand (TAT) suggests hotels in second-tier cities install electric vehicle (EV) chargers to accommodate the growing trend of travel via EVs.

BUSINESS

Hotels fret as another German firm goes kaput

Business, Narumon Kasemsuk, Published on 25/06/2024

» Another tour firm in Germany has filed for bankruptcy, but the impact should be minimal compared with the recent FTI insolvency, according to the Thai Hotels Association (THA).

BUSINESS

AirAsia touts Bangkok hub to Srettha

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

» In talks with Prime Minister Srettha Thavisin, AirAsia insists it plans to make Bangkok an aviation hub similar to Dubai, while calling on the government to cut the excise tax as Thailand remains one of the few countries that still has this expense.