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BUSINESS

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.

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.

BUSINESS

'White Lotus' boon yet to materialise

Business, Molpasorn Shoowong, Published on 10/05/2025

» Hotels in the South have yet to feel any impact from the White Lotus HBO series filmed in Thailand, as the volatile global economy and safety concerns regarding the country have affected prospective tourists' decision-making.

BUSINESS

Upheaval leads to slower bookings, cancellation queries

Business, Molpasorn Shoowong, Published on 01/04/2025

» Friday's earthquake has struck the Thai tourism industry, leading to slow bookings for the upcoming Songkran holiday, while airlines have started receiving inquiries for refunds and cancellations.

BUSINESS

Iconic hotel seeks new investor

Business, Molpasorn Shoowong, Published on 15/01/2025

» Royal Orchid Sheraton Riverside Hotel is looking for a new investor, while Marriott International, which managed the hotel, is expanding in the region with the focus being on management and franchise contracts.

BUSINESS

Asset World sinks its teeth into Jurassic World

Business, Molpasorn Shoowong, Published on 19/12/2024

» SET-listed Asset World Corp (AWC) invested 1.4 billion baht in a new attraction, Jurassic World: The Experience, slated to open in the second quarter next year, part of the first phase of its five-year plan for Asiatique The Riverfront.

BUSINESS

More man-made entertainment magnets in Thailand

Business, Molpasorn Shoowong, Published on 16/09/2024

» While Thailand is usually perceived as a "sea, sand and sun" destination, attracting new tourism markets by developing man-made attractions has piqued the interest of the private sector.

BUSINESS

AWC to open rooftop Nobu restaurant

Business, Molpasorn Shoowong, Published on 24/06/2024

» SET-listed Asset World Corp (AWC) is banking on high-spending customers to support its restaurant businesses in Thailand after it invested more than 600 million baht to open the rooftop Nobu Bangkok.

BUSINESS

AWC allots B10bn for Phenix

Business, Molpasorn Shoowong, Published on 17/06/2024

» SET-listed Asset World Corp (AWC) has launched Phenix, a 10-billion-baht wholesale and retail food centre, to capture consistent demand in the tourism and food segments.

BUSINESS

AWC still bullish on Songkran bookings

Business, Molpasorn Shoowong, Published on 19/03/2024

» SET-listed Asset World Corp (AWC) is unfazed by the smog in Chiang Mai as it still anticipates strong bookings for hotels and restaurants next month during the Songkran festival.