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Search Result for “FINANCE”

Showing 1 - 10 of 31

BUSINESS

Stagnant tourism hits Onyx revenue

Business, Molpasorn Shoowong, Published on 28/11/2025

» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.

BUSINESS

Airlines target China tourist surge amid Japan tensions

Business, Molpasorn Shoowong, Published on 18/11/2025

» Although the airline sector has been suffering from sluggish tourism and a declining number of Chinese arrivals since the beginning of the year, Thailand should still have a robust high season during the fourth quarter, as well as opportunities for more Chinese demand, following China's warning to its citizens to not visit Japan.

BUSINESS

Tourism bodies call for additional measures

Business, Molpasorn Shoowong, Published on 01/11/2025

» With only 32 million foreign tourist arrivals projected for this year, the Association of Thai Travel Agents (Atta) is urging the government to offer more flight promotions, while the Thailand Convention and Exhibition Bureau (TCEB) plans to request "Quick Win" stimulus measures such as tax incentives for organisers of meetings, incentives, conventions and exhibitions (Mice) events.

BUSINESS

Package crucial to second-tier cities

Business, Molpasorn Shoowong, Published on 14/10/2025

» The Tourism Council of Thailand (TCT) views the Finance Ministry's stimulus package as crucial to reviving tourism in second-tier cities, which has worsened from last year.

BUSINESS

SE Asian arrivals remain sluggish

Business, Molpasorn Shoowong, Published on 06/09/2025

» Demonstrations in Indonesia and a weakened Vietnamese dong could impact inbound arrivals to Thailand in the short term, though both markets are still projected to have high GDP growth and contain a large youth population deemed to have high potential.

PROPERTY

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.

BUSINESS

Travellers get cold feet over skirmishes

Business, Molpasorn Shoowong, Published on 30/07/2025

» Despite the long holiday, operators in Chanthaburi and Nakhon Ratchasima reported a surge of room cancellations as tourists were concerned about the border dispute, including fears over Cambodia's PHL-03 rocket launcher, which has a range of up to 130 kilometres from the border.

SUSTAINABILITY

Phuket hotels go green in hunt for gold

Business, Molpasorn Shoowong, Published on 21/07/2025

» Thai tourism is embracing sustainability as a core selling point for travellers, as the industry seeks to ensure its survival in a marketplace where such practices have become the "new normal".

BUSINESS

Call for major upgrades to Thai tourism sector

Business, Molpasorn Shoowong, Published on 03/06/2025

» The Tourism Council of Thailand (TCT) will this week submit a letter to Prime Minister Paetongtarn Shinawatra, requesting improvements to the tourism industry in order to compete at the global level.

BUSINESS

AWC calls for action on tourism

Business, Molpasorn Shoowong, Published on 12/05/2025

» SET-listed Asset World Corp (AWC) has urged the government to swiftly restore tourism confidence and promote new attractions to lure high-spending visitors.