Showing 1 - 10 of 26
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.
Pattaya touts red-light zone
Molpasorn Shoowong, Published on 15/09/2025
» In light of the recent BBC Three documentary focusing on the “dark side” of Thailand, Pattaya tourism operators have urged the government to solve persistent negative issues such as fraud, the decriminalisation of sex workers, and regulation of cannabis.
Supalai sees sector improvement in H2
Business, Molpasorn Shoowong, Published on 11/08/2025
» SET-listed Supalai estimates the property sector will pick up in the second half as concerns subside over US tariffs and earthquake resilience, while the company continues to maintain a diversified portfolio covering both the middle and luxury segments.
Southern violence pressures bookings
Business, Molpasorn Shoowong, Published on 14/03/2025
» Violence in the deep South, which prompted Malaysia to advise its citizens to delay visits to these areas, is likely to result in 10% of bookings being cancelled as operators urge the government to seek a long-term solution to restore confidence.
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.
Tourism Authority of Thailand upbeat on Golden Week
Business, Molpasorn Shoowong, Published on 01/10/2024
» Thailand is expecting up to 183,000 Chinese visitors during this year's Golden Week holiday, representing an 88% recovery from 2019, generating 5.1 billion baht revenue, according to the Tourism Authority of Thailand (TAT).
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.
More man-made entertainment magnets in Thailand
Business, Molpasorn Shoowong, Published on 16/09/2024
» While Thailand is usually perceived as a "sea, sand and sun" destination, attracting new tourism markets by developing man-made attractions has piqued the interest of the private sector.