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Search Result for “energy supply diversification”

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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

Scoot bookings strong despite Gulf strife

Business, Narumon Kasemsuk, Published on 02/04/2026

» Scoot, the low-cost subsidiary of Singapore Airlines, continues to register strong air travel demand from regions unaffected by the Gulf war across seven destinations in Thailand and plans to expand into secondary regional cities, supported by the delivery of nine Embraer E190‑E2 aircraft.

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

Hotels slash rates to lure Songkran market

Business, Narumon Kasemsuk, Published on 24/03/2026

» Concerned by a nosedive in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.

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

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

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.

BUSINESS

Dusit chief has investors expecting a 2025 rebound

Business, Narumon Kasemsuk, Published on 14/06/2025

» SET-listed Dusit International has convinced its investors of a more positive outlook for this year, expecting to generate 16 billion baht in revenue from Dusit Residence transfers and reduced interest burdens.

BUSINESS

Tourism reform call as foreign arrivals in Thailand plunge

Business, Narumon Kasemsuk, Published on 16/05/2025

» Thailand needs to urgently address the freefall in foreign arrivals, which is more pronounced this quarter among both leisure and corporate travellers, by reforming the sector and creating new destinations, according to a former head of the Tourism Authority of Thailand (TAT).