Showing 1 - 10 of 147
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.
Business jet demand soars in Asia
Business, Molpasorn Shoowong, Published on 30/03/2026
» Amid commercial flight disruptions caused by the Mideast war, business jet usage is booming in Thailand and Southeast Asia, with plane manufacturers marketing their latest models of long‑range aircraft to wealthy individuals seeking to expand their businesses internationally.
Thai tourism faces B40bn revenue collapse
Business, Molpasorn Shoowong, Published on 09/03/2026
» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
Hostel association targets reform and growth
Business, Molpasorn Shoowong, Published on 09/03/2026
» The Hostel and Small Accommodation Association (Thailand) has urged the new government to continue pushing for a new accommodation act for small hotels, but strongly opposes allowing condo units to be registered as legal lodging.
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).
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.
N.C. Housing slashes projects amid weak demand
Business, Molpasorn Shoowong, Published on 19/02/2026
» SET-listed developer N.C. Housing plans to launch only two projects worth a combined 2 billion baht this year, lower than in previous years, as it remains cautious because of weak consumer purchasing power.
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.
Flood recovery lag weighs on Hat Yai
Business, Molpasorn Shoowong, Published on 05/02/2026
» While most hotels in Hat Yai have already resumed operations, insufficient flood relief has resulted in only 30% of shops and restaurants reopening, leading to a weak outlook for tourism revenue during the Chinese New Year, according to the Hat Yai Songkhla Hotels Association.
Illegal group tours face Thai government crackdown
Molpasorn Shoowong, Published on 30/01/2026
» Illegal tours targeting foreign markets are spreading rapidly in Thailand, prompting the Tourism Department to prepare for more inspections of tour companies this year.