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Search Result for “interest rate cuts”

Showing 1 - 10 of 198

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

Report: Thai hotel rates increased 3% in 2025

Business, Narumon Kasemsuk, Published on 12/02/2026

» The average daily rate for hotels in Thailand surged by 3% last year to 4,984 baht and they recorded a longer average length of stay, with Booking.com, Agoda, and direct hotel bookings generating the most revenue, according to SiteMinder.

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.

BUSINESS

Phuket arrivals prove to be resilient

Business, Narumon Kasemsuk, Published on 12/11/2025

» A mix of Asian and European markets has helped Phuket outpace the rest of the country in terms of tourism recovery, with arrivals during the first 10 months up year-on-year, while hotels have maintained room rates and occupancy during the current high season.

BUSINESS

Trat tourism set for revival as UK ends travel ban

Business, Narumon Kasemsuk, Published on 08/11/2025

» The UK has lifted its travel advisory against non-essential trips to Trat, allowing tourism operators to receive more bookings, but they criticised a government move to subsidise tour groups in the provinces that border Cambodia.

BUSINESS

Unpacking the tourism tax

Business, Narumon Kasemsuk, Published on 08/11/2025

» While the cabinet approved the National Tourism Policy Committee's proposal to collect a tourism tax from inbound travellers in February 2023, the programme has still not been implemented.

BUSINESS

Better use of state agency meeting budget could help hotels

Narumon Kasemsuk, Published on 07/10/2025

» Thai hotel operators have applauded the finance minister’s decision to accelerate use of the 10-billion-baht meeting and seminar budget for government agencies, although they would prefer the stimulus to begin in May next year to cushion the low-season impact.

BUSINESS

Booming baht scares off Japan

Business, Narumon Kasemsuk, Published on 06/10/2025

» Baht appreciation against a weakening yen has influenced travel spending between Thailand and Japan this year.

BUSINESS

Chanin survives siblings’ bid to oust him from Dusit Thani board

Narumon Kasemsuk, Published on 26/09/2025

» The shareholders of SET-listed Dusit Thani Plc have rejected a proposal to remove Chanin Donavanik from the hotel company’s board during an extraordinary general meeting on Friday evening in Bangkok.

BUSINESS

Dusit Thani family feud escalates

Business, Narumon Kasemsuk, Published on 27/08/2025

» The rift between the heirs of the founder of SET-listed Dusit Thani is now a dispute between two of the largest hospitality companies in Thailand.