Showing 1 - 10 of 265
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.
Phuket up in arms on long‑stay visa
Business, Molpasorn Shoowong, Published on 18/02/2026
» Phuket tourism operators oppose the government's policy allowing foreigners who buy real estate worth 3 million baht to qualify for a long‑stay visa, arguing the investment threshold is too low and could attract "non‑quality" visitors who may engage in illegal activities, as well as risking an increase in property prices, making housing less affordable for local residents.
Chinese target Thailand for New Year travel
Business, Molpasorn Shoowong, Published on 13/02/2026
» Thailand remains a top destination for Chinese travellers during the upcoming Lunar New Year, but tourism consultants said the country should still develop new attractions and experiences to compete with emerging markets.
Pattaya banking on Chinese New Year boost
Business, Molpasorn Shoowong, Published on 11/02/2026
» With Chinese New Year approaching next week, Pattaya tourism operators expect similar conditions as last year, though Chiang Mai predicts a surge from Chinese‑speaking markets.
Sena puts focus on affordable housing
Molpasorn Shoowong, Published on 29/01/2026
» SET-listed Sena Development plans to launch eight new projects this year worth 10.7 billion baht, six of which are in the affordable segment priced 1-2.5 million baht per unit, as the company wants to be the leader for affordable houses for new buyers via its rent-to-own strategy.
Tourism index dips in fourth quarter
Business, Molpasorn Shoowong, Published on 28/01/2026
» The tourism confidence index in the fourth quarter of 2025 dropped year-on-year, marking a sluggish recovery due to southern flooding, the Thailand-Cambodia border conflict and the strong baht, according to the Tourism Council of Thailand (TCT).
War room touted amid Vietnam rivalry
Business, Molpasorn Shoowong, Published on 20/01/2026
» Thai hotel operators warn that competition with Vietnam will become fiercer this year, as more European and Russian tourists are expected to flock to the neighbouring country.
Thailand Privilege Card vows to uphold strict screening
Business, Molpasorn Shoowong, Published on 17/01/2026
» Thailand Privilege Card (TPC) has pledged not to allow individuals with suspicious backgrounds or links to grey businesses to use its membership as a cover, and is preparing to discuss with the government ways to mitigate the impact of new tax measures on long-stay foreigners with overseas income.