Showing 1 - 10 of 76
Airlines reluctant to hike fares during Songkran
Business, Molpasorn Shoowong, Published on 17/03/2026
» Amid subdued demand from long-haul visitors, airlines are reluctant to increase domestic airfares during the upcoming Songkran holidays, with the Civil Aviation Authority of Thailand (CAAT) reporting no abnormal surge in fares over the period despite higher fuel prices.
Centara expands into budget hotels
Business, Molpasorn Shoowong, Published on 27/02/2026
» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).
Thai AirAsia pins growth hopes on China, long-haul markets
Business, Molpasorn Shoowong, Published on 26/02/2026
» Thai AirAsia (TAA) is targeting 6-9% year-on-year revenue growth in 2026, supported by 23.5 million passengers and an 85% load factor, assuming an optimistic tourism outlook.
Minor Food mulls IPO in Hong Kong by end of 2026
Business, Molpasorn Shoowong, Published on 23/02/2026
» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).
N.C. Housing slashes projects amid weak demand
Business, Molpasorn Shoowong, Published on 19/02/2026
» SET-listed developer N.C. Housing plans to launch only two projects worth a combined 2 billion baht this year, lower than in previous years, as it remains cautious because of weak consumer purchasing power.
Tourism Authority of Thailand banking on Muay Thai Festival
Business, Molpasorn Shoowong, Published on 03/02/2026
» The Tourism Authority of Thailand (TAT) is optimistic about sports tourism growth this year as it hosts the Amazing Muay Thai Festival this week, expecting more than 18,000 visitors.
Tourism Authority of Thailand expects drop in New Year revenue
Business, Molpasorn Shoowong, Published on 26/12/2025
» Tourism receipts during the New Year holiday are expected to plunge by 2-9% year-on-year due to the border conflict and flooding in the South, while outbound travel remains strong, supported by the strength of the local currency.
Phuket upbeat on high season outlook
Business, Molpasorn Shoowong, Published on 02/12/2025
» Phuket tourism operators anticipate this high season running through the first quarter of 2026 will deliver the strongest performance in five years, driven by increased tourist spending, longer stays and the introduction of new long-haul flights to southern Thailand.
Stagnant tourism hits Onyx revenue
Business, Molpasorn Shoowong, Published on 28/11/2025
» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.
Centara targets 15% revenue growth
Business, Molpasorn Shoowong, Published on 27/11/2025
» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.