Showing 1 - 10 of 12
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).
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.
Flooding forces Malaysians to cancel trips to Thailand
Business, Molpasorn Shoowong, Published on 25/11/2025
» Inbound trips from Malaysia to southern Thailand are expected to be completely cancelled this week due to severe flash floods, particularly in Hat Yai, according to the Tourism Authority of Thailand (TAT).
Cooperation key to Central's sustainability push
Business, Molpasorn Shoowong, Published on 25/03/2025
» Central Group insists that sustainability initiatives require collaboration between key stakeholders, as sustainable development will likely be impacted by the US presidency of Donald Trump.
Lending reforms to aid real estate firms in 2025
Business, Molpasorn Shoowong, Published on 03/12/2024
» While Thailand's real estate sector should remain stable next year, developers are upbeat about the possibility of easing loan-to-value (LTV) measures to help the sector, particularly the middle-income segment, according to Pruksa Real Estate.
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.
Minister cools on visitor insurance
Business, Molpasorn Shoowong, Published on 21/12/2023
» The Tourism and Sports Ministry says a universal insurance plan for tourists may not be necessary as the compensation sum for healthcare in the past was much lower than the expenses anticipated for an expansive insurance plan.
Ex-minister plays down unrest
Business, Molpasorn Shoowong, Published on 05/07/2023
» A former tourism and sports minister said even if Thailand experiences political demonstrations, foreign tourists would not be affected unless protesters disrupted airport operations as happened in 2008.
Parties pitch policies for tourism
Business, Molpasorn Shoowong, Published on 05/05/2023
» Political parties are vowing to make Thailand more competitive in tourism by pitching a variety of related policies, such as the setting up of a tourism fund, developing secondary cities, adjusting regulations, and solving labour crises to accommodate quality tourists and aid local operators.
Parties set out tourism proposals
Business, Molpasorn Shoowong, Published on 15/02/2023
» Political parties are campaigning to establish sustainable financial and employment support for tourism operators as they hope to avoid a repeat of the collapse during the pandemic.