Showing 1 - 6 of 6
AWC’s 5-billion-baht Ritz-Carlton set to offer most expensive room rates
Molpasorn Shoowong, Published on 09/06/2025
» SET-listed Asset World Corp (AWC) has invested over 5 billion baht in developing the Ritz-Carlton Bangkok at the Lhong 1919 Riverside Heritage Destination in Bangkok, aiming to become the hotel offering the highest room rate in the city.
Thai hotel investments accelerate
Molpasorn Shoowong, Published on 16/01/2024
» Hotel investment in Thailand is ramping up at the same rate as prior to the pandemic, driven by more hotel conversions and an increase in lending among banks, based on an optimistic tourism industry, according to hospitality consultant C9 Hotelworks.
Thai hospitality groups go global
Business, Molpasorn Shoowong, Published on 02/01/2024
» As the tourism recovery gathers pace across the globe, Thai hospitality groups expanded their presence beyond the domestic market to capitalise on robust demand in many destinations.
AWC posts solid bookings, room rates
Business, Molpasorn Shoowong, Published on 12/10/2023
» SET-listed Asset World Corp (AWC) reported solid bookings and the best daily room and occupancy rates since listing on the stock market, while the Tourism Authority of Thailand (TAT) expects at least 4 million Chinese arrivals this year.
China market poised to surge in Q4
Business, Molpasorn Shoowong, Published on 17/01/2023
» Luxury hotel operators are expecting the Chinese market to pick up stronger late this year as there were no notable bookings from the mainland in the first quarter.
TAT banking on Malaysia
Business, Molpasorn Shoowong, Published on 26/10/2022
» As airfares surge, cross-border tourism is the key to a quick recovery, in line with the trend set by Malaysian tourists this year, says the Tourism Authority of Thailand (TAT).