Showing 1 - 10 of 64
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).
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.
Call for action to boost weak travel industry
Business, Molpasorn Shoowong, Published on 28/08/2025
» Tourism operators and airlines are urging the government to restore border stability and improve confidence, as recent incidents have the potential to reduce the average occupancy rate in Thai hotels by more than 10% year-on-year.
Bangkok Land eyes major new stadium
Molpasorn Shoowong, Published on 07/08/2025
» SET-listed Bangkok Land is planning a new 45,000-seat stadium costing up to 10 billion baht on a scale similar to Rajamangala National Stadium, located at the Thunder Dome site and the adjacent football stadium in Muang Thong Thani, viewing a five-year development plan.
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.
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".
Community-based tourism on the rise
Business, Molpasorn Shoowong, Published on 23/06/2025
» Local communities continue to be a critical stakeholder in the Thai tourism supply chain.
War curbing Israeli tourist arrivals to Thailand
Molpasorn Shoowong, Published on 20/06/2025
» With the ongoing Israel-Iran war, The growth of the Israeli tourist market in Thailand this year is projected to shrink due to flight disruptions and airfares.
Onyx preps launch of REIT worth B6.5bn
Business, Molpasorn Shoowong, Published on 11/06/2025
» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.
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).