Showing 1 - 10 of 12
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.
Malls bet big on New Year blowout
Business, Molpasorn Shoowong, Published on 19/12/2025
» Large malls are ramping up investments in New Year countdown events across Bangkok and nationwide to spur year-end spending among locals and foreign tourists, with leading players Central Pattana Plc (CPN) and The Mall Group aiming to attract a combined audience of 1.6 million at their flagship celebrations.
Regaining a lucrative tourism market
Business, Molpasorn Shoowong, Published on 06/09/2025
» According to China Trading Desk, Chinese outbound tourists are estimated to reach 155 million this year, a full resumption compared with pre-pandemic levels.
TAT seeks B2.8tn income next year
Business, Molpasorn Shoowong, Published on 22/07/2025
» The Tourism Authority of Thailand (TAT) is targeting 2.8 trillion baht revenue next year and aims to be among the top 10 countries worldwide when it comes to generating the largest amount of tourism revenue.
Minor Hotels to add 2 new brands to portfolio
Business, Molpasorn Shoowong, Published on 26/03/2025
» Minor Hotels is planning to add at least two new brands to its portfolio this year, while upgrading the new master brand identity for the group.
Tourism goes green
Molpasorn Shoowong, Published on 24/03/2025
» Tourism is not only a major driver of Thailand’s economy, but also an avenue to transform the country into a sustainable destination for locals and visitors.
Minor eyes huge hotel portfolio growth
Business, Molpasorn Shoowong, Published on 18/02/2025
» SET-listed Minor International is targeting capital expenditure of 10-12 billion baht a year to reach its goal of 1,000 hotels and 4,500 restaurants by 2029, while banking on a boost to Thai growth thanks to the filming of The White Lotus at its four resorts.
IHG keen on hotel conversion in Thailand
Business, Molpasorn Shoowong, Published on 30/08/2024
» Hotels globally are reporting an increasing conversion rate post-pandemic, particularly from independent hotel owners, according to international chain IHG Hotels & Resorts, which is eager for conversion in Thailand with a new mid-scale brand.
Confidence index underwhelms in first quarter
Business, Molpasorn Shoowong, Published on 12/04/2024
» The tourism confidence index for the first quarter is lower than normal, according to the Tourism Council of Thailand (TCT), attributed to lower revenue for tourism operators and deflation risks.
Airlines contend high fares are justified
Business, Molpasorn Shoowong, Published on 09/03/2024
» As consumers cry foul over expensive domestic airfares, Thai AirAsia says ceiling prices should not be slashed as airlines have carried a higher cost burden since the pandemic.