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Search Result for “renovation”

Showing 1 - 8 of 8

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

Asia Hotel upgrades to meet market challenges

Business, Narumon Kasemsuk, Published on 13/03/2025

» With five-star room rates in the city centre dramatically surging, the locally managed Asia Hotel Bangkok still relies on an affordable pricing strategy to maintain healthy occupancy amid intense competition.

BUSINESS

Hotels want stimulus amid weak recovery

Business, Narumon Kasemsuk, Published on 02/07/2024

» Hotel operators are pushing for a tax deduction or subsidy for renovation investment, especially for green energy, while the Tourism Authority of Thailand (TAT) suggests hotels in second-tier cities install electric vehicle (EV) chargers to accommodate the growing trend of travel via EVs.

BUSINESS

Hoteliers back review of tax structure

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

» Hotel operators are in agreement with the Bangkok governor, who has urged the government to review the tax structure, which now uses land value as a benchmark rather than revenue.

BUSINESS

Call for more hotel tax breaks is snubbed by Arkhom

Business, Narumon Kasemsuk, Published on 22/06/2022

» Hotel operators' request for an extension of the land tax reduction was dismissed by the finance minister, prompting the Thai Hotels Association (THA) to seek a new solution to ease cash-strapped operators' financial burden.

BUSINESS

Creative industries set to hit B1.51tn

Business, Narumon Kasemsuk, Published on 14/10/2021

» Thailand's creative industries are expected to grow by 3.55% to 1.51 trillion baht next year from an estimated 1.45 trillion this year, according to the Creative Economy Agency (CEA).

BUSINESS

Italthai preps recapitalisation plan for Thai hotels

Business, Narumon Kasemsuk, Published on 01/04/2021

» Italthai Group is preparing a recapitalisation plan for its hotel business in Thailand to stem the impact of the pandemic because a full recovery is not expected for five years.

BUSINESS

Regent plans to unveil small luxury hotel in Hua Hin in Q3

Business, Narumon Kasemsuk, Published on 17/07/2020

» The Regent Group plans to roll out new investment amid the tourism slowdown by offering a small luxury hotel to attract wealthy individuals in the country while waiting for international guests to return.