Showing 1 - 10 of 36
AirAsia still confident despite price pressures
Business, Molpasorn Shoowong, Published on 31/03/2026
» AirAsia says soaring airfares are inevitable amid the Middle East conflict and oil crisis, but it remains confident about travel demand across its network and vows to maintain affordable airfares as much as possible.
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).
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).
Origin ramps up non-residential push
Business, Molpasorn Shoowong, Published on 21/02/2026
» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.
Supply chain disruption hampering carriers
Business, Molpasorn Shoowong, Published on 11/11/2025
» Supply chain disruption has caused aircraft delivery delays, hampering airline fleet strategy and leading a carrier to cease operations in the case of AirJapan.
New AirAsia Group set to steer 7 airlines
Business, Molpasorn Shoowong, Published on 06/11/2025
» All airlines under AirAsia will be consolidated under the new AirAsia Group by next month after the completion of Capital A's restructuring, with an aim to become the world's first low-cost carrier with an entire fleet of narrow-body aircraft.
Thai AirAsia X outlines plans
Business, Molpasorn Shoowong, Published on 18/09/2025
» Thai AirAsia X expects to exit debt rehabilitation by mid-2026, then increase capital by 1 billion baht next year while opening three new routes and planning flights to Europe.
Panel calls for new tourism investment
Business, Molpasorn Shoowong, Published on 17/07/2025
» Thai tourism should not underestimate rivals in the region, notably Vietnam, which are investing heavily in tourism infrastructure such as high-speed rail as well as new attractions and hotels, said the subcommittee of the National Soft Power Strategy Committee.
AWC’s 5-billion-baht Ritz-Carlton set to offer most expensive room rates
Molpasorn Shoowong, Published on 09/06/2025
» SET-listed Asset World Corp (AWC) has invested over 5 billion baht in developing the Ritz-Carlton Bangkok at the Lhong 1919 Riverside Heritage Destination in Bangkok, aiming to become the hotel offering the highest room rate in the city.
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.