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Search Result for “Federal Reserve”

Showing 1 - 10 of 13

BUSINESS

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.

BUSINESS

Tourism Authority of Thailand keeping tabs on federal shutdown

Business, Molpasorn Shoowong, Published on 13/11/2025

» The Tourism Authority of Thailand (TAT) is monitoring the US government shutdown, which has severely disrupted domestic American travel, although international flights including to Thailand have not been affected yet.

BUSINESS

Vietjet Thailand bullish on prospects for expansion

Business, Molpasorn Shoowong, Published on 29/08/2025

» With the largest fleet expansion among low-cost carriers operating in Thailand, Vietjet Thailand is ready to challenge its competitors by opening new routes to popular destinations, targeting 6.7 million passengers and 15 billion baht in revenue this year, resembling the rates recorded last year.

BUSINESS

Pilots pin hopes on regulator

Business, Molpasorn Shoowong, Published on 20/03/2025

» The Thai Pilots Association hopes the temporary permission for foreign pilots to fly domestic flights will not be extended, based on a commitment from the Civil Aviation Authority of Thailand (CAAT).

BUSINESS

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.

PROPERTY

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.

BUSINESS

Air safety standards scrutinised

Business, Molpasorn Shoowong, Published on 25/01/2025

» Aviation safety moved into the spotlight since late last year, following the fatal crash of a Jeju Air flight in South Korea.

BUSINESS

Korat hopes Unesco sites will spur visitor numbers

Business, Molpasorn Shoowong, Published on 02/01/2025

» A sluggish economy and disputes over the planned transformation of land in Wang Nam Khieo district led tourism in Nakhon Ratchasima to grow at a slower rate than expected in 2024, according to Jim Thompson Farm.

BUSINESS

Rising expenses add to hotels' woes

Business, Molpasorn Shoowong, Published on 25/04/2024

» Hotel operators anticipate high expenses from power bills, food prices and labour wages as the low season arrives amid scorching temperatures.

BUSINESS

Mice segment poised to slow down

Business, Molpasorn Shoowong, Published on 23/12/2023

» The Mice (meetings, incentives, conventions and exhibitions) industry this year is estimated to recover to 80% of the 2019 level in terms of revenue, but it may slow in 2024 as pent-up demand eases, according to the Thailand Incentive and Convention Association (Tica).