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Search Result for “Pier 39”

Showing 1 - 10 of 29

BUSINESS

IHG to add nearly 40 hotels to Thai portfolio in 3-5 years

Business, Molpasorn Shoowong, Published on 21/01/2026

» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.

BUSINESS

Tourism still a stalled engine

Business, Molpasorn Shoowong, Published on 29/12/2025

» In 2025, the Thai tourism industry faced its first contraction since the pandemic, with several setbacks consistently hampering tourist confidence.

BUSINESS

Thailand tipped for major tourism revival

Business, Molpasorn Shoowong, Published on 24/12/2025

» The Association of Thai Travel Agents (Atta) expects 39 million foreign arrivals next year, including 9 million Chinese tourists, while announcing its readiness to help stimulate 3 billion baht via its trade show in January.

BUSINESS

Thai tourism momentum weakening

Molpasorn Shoowong, Published on 14/08/2025

» Thailand’s tourism business could be slow for the remainder of the year, as the country faces more intense competition from Vietnam and South Korea, which are offering visa exemptions to more markets, say industry executives.

PROPERTY

Supalai sees sector improvement in H2

Business, Molpasorn Shoowong, Published on 11/08/2025

» SET-listed Supalai estimates the property sector will pick up in the second half as concerns subside over US tariffs and earthquake resilience, while the company continues to maintain a diversified portfolio covering both the middle and luxury segments.

BUSINESS

Thai travel agents lament lost opportunities

Business, Molpasorn Shoowong, Published on 14/03/2025

» The era of more than 10 million Chinese visitors a year to Thailand has passed, given safety concerns in the segment and ineffective law enforcement, according to the Association of Thai Travel Agents (Atta).

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.

BUSINESS

Tourism ministry seeks B240m Songkran budget

Business, Molpasorn Shoowong, Published on 27/02/2025

» The Tourism and Sports Ministry is proposing a 240-million-baht budget to the cabinet for holding Songkran celebrations in April, aiming to generate 40-50 billion baht in revenue based on a 10-20% uptick from 1.5 million visitors last year.

BUSINESS

Tourism Authority of Thailand targets B3tn amid shift to rising markets

Business, Molpasorn Shoowong, Published on 22/01/2025

» The Tourism Authority of Thailand (TAT) is targeting 3 trillion baht in tourism revenue this year, while diversifying to address risk, shifting focus to rising markets such as Southeast Asia, India and Russia.

BUSINESS

Call to cut visa-free length of stay

Business, Molpasorn Shoowong, Published on 21/01/2025

» Tourism operators have asked the government to slash the visa-free length of stay for Chinese tourists to address concerns over illegal employment, while the Tourism Council of Thailand (TCT) urged the government to solve transnational crimes and scams.