Showing 1 - 10 of 39
Tourism braces for impact of Mideast war
Business, Narumon Kasemsuk, Published on 10/03/2026
» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.
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.
Dusit chief has investors expecting a 2025 rebound
Business, Narumon Kasemsuk, Published on 14/06/2025
» SET-listed Dusit International has convinced its investors of a more positive outlook for this year, expecting to generate 16 billion baht in revenue from Dusit Residence transfers and reduced interest burdens.
New hotel law raises safety concerns
Business, Narumon Kasemsuk, Published on 02/06/2025
» The Thai Hotels Association (THA) has raised the alarm for property owners over a new draft law for hotels, warning it could infringe on the rights of residents and compromise tourist safety, which is already a blemish for Thailand.
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.
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).
Hotel margins dented by rising costs
Business, Narumon Kasemsuk, Published on 03/02/2024
» The end of reductions for property tax and elevated energy prices this year have pushed up operating costs for hotels by at least 10%, leading to lower margins even as they service more guests.
Dusit has high hopes for residences
Business, Narumon Kasemsuk, Published on 14/12/2023
» Dusit expects to set a new price record for leasehold residences in Bangkok's central business district (CBD) with a 900-square-metre penthouse after selling 75% of its 406 total units.
Resistance to longer opening hours
Business, Narumon Kasemsuk, Published on 28/11/2023
» Pattaya's tourism operators are against the proposal to extend the opening time of entertainment venues until 4am to include establishments located on the beachfront road as it would cause more trouble with residents in the neighbourhood and potentially further deteriorate the area's reputation in relation to the sex industry.
Controversy highlights room rate issue
Business, Narumon Kasemsuk, Published on 21/09/2023
» The furore surrounding costly hotel rates for a study trip taken by a group of Thai MPs to Singapore has shed light on the low average daily rate (ADR) of hotels in Thailand, which fares poorly compared with its regional peers, according to the Thai Hotels Association (THA).