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Search Result for “invest heavily”

Showing 1 - 10 of 31

BUSINESS

Tourism's 2-speed economy

Business, Narumon Kasemsuk, Published on 18/02/2026

» Tourism is a key industry for Thailand, but over the past decade it has faced a critical challenge: income disparity, with a sharp divide between a handful of major destinations and second-tier locations.

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

Tourism seen taking a hit if border conflict persists

Business, Narumon Kasemsuk, Published on 25/07/2025

» Tourism operators in the Northeast are worried that the Thailand-Cambodia border clashes might heavily impact the industry if it cannot be resolved within 3-7 days, as both local and foreign tourists would avoid travelling to nearby provinces.

BUSINESS

Hoteliers take a chance with price fluctuation

Business, Narumon Kasemsuk, Published on 03/05/2025

» Room rates surged during the recent tourism high season, sparking criticism among some travellers who viewed Thai hotels as being more expensive than those in neighbouring countries.

BUSINESS

Rail delay affects U-tapao expansion

Business, Narumon Kasemsuk, Published on 03/12/2024

» The delay in constructing the high-speed railway connecting three airports has U-Tapao International Aviation Company (UTA) preparing to negotiate with the Eastern Economic Corridor (EEC), requesting an easing of some requirements in the expansion of U-tapao airport as the number of passengers would be affected by the absence of mass transit.

BUSINESS

Hotel occupancy rate in Chiang Mai down 30%

Business, Narumon Kasemsuk, Published on 08/10/2024

» Hotels in Chiang Mai saw the average occupancy rate decline by 30% over a three-day period of severe floods covering Oct 4-6, which heavily impacted 1,500-2,000 rooms in the province.

BUSINESS

LHG reveals plan for riverside luxury hotel

Business, Narumon Kasemsuk, Published on 03/09/2024

» Langham Hospitality Group (LHG) is set to make a comeback in Thailand after a break of more than 12 years with a 6-billion-baht luxury hotel on the banks of the Chao Phraya River owned by Rabbit Holding, an affiliate of the BTS Group.

BUSINESS

AirAsia looks outside Asean after divestment

Business, Narumon Kasemsuk, Published on 27/04/2024

» AirAsia wants to extend beyond Southeast Asia by offering aviation consulting and planning, separating aviation from non-aviation ventures.

BUSINESS

Phuket pushes for free port, convention hall

Business, Narumon Kasemsuk, Published on 10/11/2023

» Phuket tourism operators are pushing for an integrated plan to establish the province as an exhibition hub by dusting off a long-delayed project for an international convention centre and making the island a free port city.

BUSINESS

Bangkok Air keen on Phangnga airport

Business, Narumon Kasemsuk, Published on 09/09/2023

» Bangkok Airways is eager to invest in the new airport planned for Phangnga if the government switches its plan from a public project to a public-private partnership scheme, as the project has high potential to become a new tourism hub in Thailand.