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Search Result for “rent reduction”

Showing 1 - 10 of 31

BUSINESS

Middle East markets hit hardest by Iran conflict

Business, Narumon Kasemsuk, Published on 04/04/2026

» Middle Eastern markets, particularly Israeli arrivals, have been hit the hardest by the Gulf war, with more than 120,000 airline seats lost, while the US is expected to be the only long-haul market still solid in the coming months, according to the Thai Hotels Association (THA).

BUSINESS

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

BUSINESS

Nok Air to expand after red flag lifted

Business, Narumon Kasemsuk, Published on 02/12/2025

» Nok Air expects to fix the red flag issued by the Civil Aviation Authority of Thailand (CAAT) within this year, expanding international flights and adding frequencies to domestic routes, with a goal to exit the rehabilitation plan by 2028.

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

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

The lowdown on long-stay visas

Business, Narumon Kasemsuk, Published on 01/03/2025

» Online debate over granting 60-day visa exemptions for tourists has intensified, fuelled by a string of incidents involving condos in Bangkok being illegally rented out on a daily basis, specifically targeting tourists.

BUSINESS

Chiang Mai takes on air quality challenge

Business, Narumon Kasemsuk, Published on 30/01/2025

» As tourism operators in Chiang Mai brace for the smog season over the coming months, they hope the pollution will be less severe this year than in previous years.

PROPERTY

Associations see minimal impact from rate cut

Business, Narumon Kasemsuk, Published on 01/11/2024

» Three property associations forecast a slim impact from the recent policy rate cut, as interest rates for mortgages were reduced by only 0.125%.

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

Call to renew levy on tourists

Business, Narumon Kasemsuk, Published on 02/05/2024

» Tourism operators are urging the new tourism minister to resume the plan to collect a 300-baht fee from tourists because it is not considered an obstacle to arrivals.