Showing 1 - 10 of 48
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).
Event organisers still buoyant
Business, Molpasorn Shoowong, Published on 05/01/2026
» Despite Vietnam's massive investment in new venue infrastructure, event organisers in Thailand remain confident the country can still compete for event and festival tourism, banking on a variety of venues and its ability to attract both high-spending attendees and repeat visitors.
European bonanza projected
Business, Molpasorn Shoowong, Published on 01/12/2025
» The Tourism Authority of Thailand (TAT) expects European arrivals to hit a record high of more than 8.8 million next year, driven by new direct flights attributed to its airline strategy.
Galaxy advises big tourism swing
Business, Molpasorn Shoowong, Published on 24/10/2025
» Thailand should set an ambitious target of 45-60 million arrivals by the period of 2030 to 2035, pushing stakeholders to cooperate and keep pace with fast-growing Asia-Pacific tourism, says Galaxy Resorts Thailand.
Event to woo 100,000 Indians
Business, Molpasorn Shoowong, Published on 10/10/2025
» Indian tourism operators remain confident in Thailand as a top destination, with the country planning to host the "Grand Diwali Celebration" next week, aiming to draw at least 100,000 travellers, while annual arrivals are expected to reach a record high of 2.5 million.
Tourism Authority of Thailand puts faith in Malaysian visitors despite forecast cut
Business, Molpasorn Shoowong, Published on 26/08/2025
» Despite the target for Malaysian tourists having been cut to 5 million this year, equivalent to the level seen in 2024, this market may reach the same number of arrivals as the Chinese as it is still unfazed by the situation along the border provinces.
Thailand seeks concert hub status
Business, Molpasorn Shoowong, Published on 12/08/2025
» Even though the government recently faced a backlash over a potential €50 million (1.88 billion baht) investment to bring Tomorrowland, the global electronic dance music event, to Thailand for five years, the private sector and venue owners still support the plan to establish the country as an entertainment hub because of its fiscal impact.
Sansiri preps 29 projects in Phuket under 5-year plan
Business, Molpasorn Shoowong, Published on 06/08/2025
» SET-listed developer Sansiri plans to launch 29 residential projects worth 33 billion baht in Phuket under a five-year plan, driven by new demand from both locals and foreigners.