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Search Result for “recover”

Showing 1 - 10 of 44

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

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

New tourism minister eyes domestic spending

Narumon Kasemsuk, Published on 26/09/2025

» Thailand’s new tourism and sports minister wants to see the sector return to its healthy pre-pandemic level next year, prioritising budget usage to subsidise local consumption rather than giving handouts to foreign tourists.

BUSINESS

Hotels to challenge B400 minimum wage in court

Business, Narumon Kasemsuk, Published on 20/08/2025

» The Thai Hotels Association (THA) is preparing to file a lawsuit against the tripartite wage committee with the Administrative Court, seeking to restrict the 400-baht minimum wage hike because it hampers hotels in second-tier tourism areas.

BUSINESS

Tariff may affect Indian tourism

Business, Narumon Kasemsuk, Published on 04/08/2025

» After securing solid growth from the Indian tourism market in the last two years while Asian markets stagnated, 2025 is an uncertain year for arrivals from the subcontinent as US tariff rates are expected to have an impact.

BUSINESS

Hoteliers decry use of illicit foreign entities

Business, Narumon Kasemsuk, Published on 13/11/2024

» The widespread use of Thai nominees by foreign businesses in Thailand is a growing concern among hoteliers, who fear that low prices and quality could destroy the tourism reputation of the country, according to the Thai Hotels Association's (THA) monthly sentiment index.

BUSINESS

Agency predicts Loy Krathong can generate B6.9bn

Business, Narumon Kasemsuk, Published on 09/11/2024

» Loy Krathong festivals across five regions are expected to generate 6.9 billion baht in tourism revenue from 1.9 million domestic trips, with the North attracting the most tourists, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Posh hotels to pump up rates

Business, Narumon Kasemsuk, Published on 17/10/2024

» High-end hotel operators are preparing to raise room rates during the high season as tourist numbers are projected to surge in the next few months, while hotels in the mid-tier and lower continue to struggle, according to the hotel operator sentiment index.

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

AirAsia parent upbeat on prospects

Business, Narumon Kasemsuk, Published on 05/10/2024

» With airfares surging 30% post-pandemic, AirAsia Group says it will not hike its fares to maintain affordability for the mass market, while it seeks to add routes on other continents by utilising long-range single-aisle jets.