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Search Result for “losses”

Showing 1 - 10 of 39

BUSINESS

Chiang Mai tourism in flux

Business, Narumon Kasemsuk, Published on 09/02/2026

» Chiang Mai, once dominated by Chinese visitors, has gradually changed as the foreign market diversifies, with more arrivals from South Korea and Japan, as well as a notable resurgence of long‑haul tourists.

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

Unpacking the foreign pilot row

Business, Narumon Kasemsuk, Published on 26/09/2024

» The Thai aviation industry has recently been overwhelmed by discussions concerning a proposed changing of the rules to allow foreign pilots to fly domestic routes, which is surprising given that this type of work at present is protected for Thai nationals.

BUSINESS

FTI losses rise to B170m among Thai hotels

Business, Narumon Kasemsuk, Published on 20/08/2024

» Combined losses from the collapse of the German tour firm FTI Group among Thai hotels has surged to 170 million baht, up from 111 million baht gathered from a preliminary survey made in June.

BUSINESS

Hotels fret as another German firm goes kaput

Business, Narumon Kasemsuk, Published on 25/06/2024

» Another tour firm in Germany has filed for bankruptcy, but the impact should be minimal compared with the recent FTI insolvency, according to the Thai Hotels Association (THA).

BUSINESS

TAT to assist tourists stranded by FTI

Business, Narumon Kasemsuk, Published on 14/06/2024

» The Tourism Authority of Thailand (TAT) has pledged to help stranded tourists affected by the bankruptcy of major German tour operator FTI Group, while continuing to work with government officials to ensure hotels receive payments from the company.

BUSINESS

Thai hotels hit by collapse of German firm

Narumon Kasemsuk, Published on 12/06/2024

» The collapse of the third-largest tour operator in Europe has started to affect thousands of tourists and hundreds of hotels in Thailand, leading to losses of 111 million baht.

BUSINESS

Changes coming to airports

Business, Narumon Kasemsuk, Published on 19/02/2024

» Traffic congestion outside the departure halls of Suvarnabhumi airport, where clusters of cars and taxis vie for parking spaces to drop off passengers, has become the norm for travellers starting their outgoing journeys from the biggest airport in the country.

BUSINESS

Thai tourists turn against South Korea

Business, Narumon Kasemsuk, Published on 01/11/2023

» The top trending hashtag of "ban Korea travel" on the X platform had more than a million posts over the past weekend and should not be ignored by tourism organisations as both tourists and tour operators have incurred losses during the past couple of years.

BUSINESS

Agency mulls confidence measures after shooting

Business, Narumon Kasemsuk, Published on 06/10/2023

» The Tourism Authority of Thailand (TAT) is considering measures to combat a dip in arrivals following the shooting at Siam Paragon, with a focus on severely affected markets such as China.