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Search Result for “costs”

Showing 1 - 10 of 146

BUSINESS

Middle East markets hit hardest by Iran conflict

Business, Narumon Kasemsuk, Published on 04/04/2026

» Middle Eastern markets, particularly Israeli arrivals, have been hit the hardest by the Gulf war, with more than 120,000 airline seats lost, while the US is expected to be the only long-haul market still solid in the coming months, according to the Thai Hotels Association (THA).

BUSINESS

Proposal for regional tourism network

Business, Narumon Kasemsuk, Published on 03/04/2026

» Thai tourism should ramp up its targets in six potential markets reachable via six-hour flights to mitigate the impact of the oil crisis, while leveraging 12 million outbound travellers to foster two-way tourism that benefits all markets, according to the Association of Thai Travel Agents (Atta).

BUSINESS

Bangkok Airways to raise domestic airfares by up to 20%

Business, Narumon Kasemsuk, Published on 28/03/2026

» SET-listed Bangkok Airways plans to increase domestic airfares by 15-20% from April 1 to counter rising fuel costs and a 3% decline in second-quarter forward bookings, and may negotiate with the Civil Aviation Authority of Thailand (CAAT) to extend the airfare ceiling if operating costs continue to soar.

BUSINESS

War unlikely to dent Songkran revenue

Business, Narumon Kasemsuk, Published on 26/03/2026

» The Tourism Authority of Thailand (TAT) remains confident about its projection of 6% revenue growth tallying 30 billion baht during the Songkran holiday this year, mainly driven by Asian markets.

BUSINESS

Aviation executives make the case for cost relief measures

Business, Narumon Kasemsuk, Published on 25/03/2026

» Aviation has become the frontline sector grappling with soaring fuel prices, and executives want cost relief measures to ease costs for travellers to maintain tourism demand during the crucial holiday period.

BUSINESS

Tourism groups eye B15bn stimulus

Business, Narumon Kasemsuk, Published on 21/03/2026

» Seven tourism associations under the Federation of Thai Tourism Associations (Fetta) have called for stimulus projects worth a combined 15 billion baht, including cash handouts to local tourists, to prevent an industry downturn due to the Gulf war.

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

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

BUSINESS

Hotel operators call for restructure of land tax

Business, Narumon Kasemsuk, Published on 17/02/2026

» Hotel operators believe requesting land and building tax discounts on a yearly basis will not help the business sector reduce its fixed‑cost burden in the long run, and urged the government to revise this tax structure to be based on revenue, similar to the previous property tax.

BUSINESS

Chiang Mai tourism in flux

Business, Narumon Kasemsuk, Published on 09/02/2026

» Chiang Mai, once dominated by Chinese visitors, has gradually changed as the foreign market diversifies, with more arrivals from South Korea and Japan, as well as a notable resurgence of long‑haul tourists.