Showing 1 - 10 of 18
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.
New minimum wage to lead to hotel layoffs
Business, Narumon Kasemsuk, Published on 24/06/2025
» Large-scale layoffs in the hotel sector could be seen during this low season if the government agrees to raise the minimum wage to 400 baht from next week as planned, while the Thai Hotels Association (THA) has submitted a petition to the prime minister, asking for the policy to be cancelled.
Asia Hotel upgrades to meet market challenges
Business, Narumon Kasemsuk, Published on 13/03/2025
» With five-star room rates in the city centre dramatically surging, the locally managed Asia Hotel Bangkok still relies on an affordable pricing strategy to maintain healthy occupancy amid intense competition.
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.
Thai meeting and convention outlook improves
Business, Narumon Kasemsuk, Published on 24/12/2024
» A stronger recovery in flight seats and numerous large-scale international events each expected to draw between 10,000 and 100,000 attendees are expected to help drive revenue of the Mice (meetings, incentives, conferences and exhibitions) segment to 200 billion baht, according to the Thailand Convention and Exhibition Bureau (TCEB).
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.
Tour bus firms call for long-term plan on diesel prices
Business, Narumon Kasemsuk, Published on 13/04/2024
» Tour bus operators are urging the government to clarify the long-term policy for diesel prices as most operators have to absorb higher costs during the Songkran holiday, as many cannot afford to replace their fleet with electric buses.
Index Living Mall eyes Furinbox growth
Business, Narumon Kasemsuk, Published on 19/03/2024
» Despite a high mortgage rejection rate in the low-income segment, SET-listed Index Living Mall (ILM) saw this group become one of the fastest-growing segments last year, prompting the company to expand its brand to be competitive through the sale of non-branded furniture and affordable products made in China.
Hotel margins dented by rising costs
Business, Narumon Kasemsuk, Published on 03/02/2024
» The end of reductions for property tax and elevated energy prices this year have pushed up operating costs for hotels by at least 10%, leading to lower margins even as they service more guests.
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.