Showing 1 - 9 of 9
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.
Centara to invest B15bn in hotels
Business, Molpasorn Shoowong, Published on 01/03/2025
» Centara Hotels & Resorts (CHR) plans to invest 15 billion baht in hotels over the next three years, while targeting revenue of 15.5 billion baht in 2025.
Centara opens 2 new Maldives hotels
Business, Molpasorn Shoowong, Published on 19/02/2025
» As the Maldives shifts to a family-friendly destination, Centara Hotels & Resorts (CHR) has launched two new hotels catering to this rising segment, investing more than US$200 million.
Centara sinks B1.4bn into revamp of Pattaya resort
Molpasorn Shoowong, Published on 07/02/2025
» Centara Hotels and Resorts (CHR) has invested 1.4 billion baht to revamp Centara Grand Mirage Beach Resort Pattaya to capture premium guests and families, as it wants to expand water park-themed hotels labelled "Mirage" to new destinations.
Centara Life to offer flexible hotel stays
Business, Molpasorn Shoowong, Published on 20/09/2024
» Centara Hotels & Resorts (CHR) is upbeat on the "upper midscale" segment trend as it launches a rebranded Centara Life, with plans to expand in Southeast Asia, Japan and the Middle East.
Centel targets ambitious revenue increase
Business, Molpasorn Shoowong, Published on 14/03/2024
» Central Plaza Hotel (Centel) has allocated capital expenditure of 13-20 billion baht for the next three years, in a bid to double the revenue of its food and hotel business by 2029.
Thai hospitality groups go global
Business, Molpasorn Shoowong, Published on 02/01/2024
» As the tourism recovery gathers pace across the globe, Thai hospitality groups expanded their presence beyond the domestic market to capitalise on robust demand in many destinations.
Hotels upbeat despite woes
Business, Molpasorn Shoowong, Published on 22/07/2023
» Thailand's big hotel chains continue to be undaunted by the political uncertainty, with a confident outlook in place as long as the situation remains calm and violent protests and crackdowns do not emerge.
Central upbeat on luxury stores in Europe
Business, Molpasorn Shoowong, Published on 14/03/2023
» Central Group remains confident that its luxury department stores in Europe won't be affected by inflation as they targeted high-end customers, while Centara Hotels & Resorts (CHR) expects its revenue this year to exceed the level recorded in 2019.