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BUSINESS

Travel subsidy fails to attract Thais

Business, Narumon Kasemsuk, Published on 12/07/2025

» The tourism and sports minister says the number of local tourists using co-payment privileges was lower than expected for the first 10 days of the scheme despite 1.58 million registrants, as travel sentiment may be unfavourable due to economic conditions.

BUSINESS

B1.7bn co-payment scheme encounters inauspicious start

Business, Narumon Kasemsuk, Published on 02/07/2025

» Hotel operators are enmeshed in the slow approval process for the first phase of the 1.7-billion-baht co-payment scheme, while some online travel agents (OTAs) have started to offer even lower prices than the government's subsidy scheme.

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

State urged to ease growing skills gap

Business, Narumon Kasemsuk, Published on 07/12/2023

» After a poor showing by Thai students in an international evaluation, hotel operators are urging the government to improve students' practical skills before the country loses more jobs to foreign workers.

BUSINESS

Hotels pin hopes on Bangkok revival

Business, Narumon Kasemsuk, Published on 17/09/2021

» Hotels hope the reopening of Bangkok in October and domestic stimulus campaigns will boost the occupancy rate from single digits to 15-20% in the upcoming high season.

BUSINESS

Strict rules bar hotels from asset warehousing scheme

Business, Narumon Kasemsuk, Published on 17/07/2021

» More Thai hotels may opt to sell their properties if the stringent measures set for financial aid schemes, such as asset warehousing, prevent them from accessing soft loans.

BUSINESS

Cargo helped Scoot survive pandemic

Narumon Kasemsuk, Published on 29/06/2021

» Low-cost airline Scoot has survived the pandemic with the help of strong shareholder support, income from robust cargo services and employee cutbacks, according to the airline's chief executive.

BUSINESS

Asset warehousing appeals to hoteliers

Business, Narumon Kasemsuk, Published on 29/03/2021

» Most hotel owners want to enrol in the asset warehousing programme to mitigate the financial impact from the pandemic, which is worse this year than 2020, according to the Thai Hotels Association (THA).