Showing 1 - 10 of 217
Thai tourism faces B40bn revenue collapse
Business, Molpasorn Shoowong, Published on 09/03/2026
» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
Mideast conflict a blow to long-haul tourism
Business, Molpasorn Shoowong, Published on 05/03/2026
» As the conflict in the Middle East weighs on global travel prices and travellers’ pocketbooks, tourism operators in Thailand project arrivals from long-haul markets in 2026 will fall short of the 10.8 million seen last year.
Thai AirAsia pins growth hopes on China, long-haul markets
Business, Molpasorn Shoowong, Published on 26/02/2026
» Thai AirAsia (TAA) is targeting 6-9% year-on-year revenue growth in 2026, supported by 23.5 million passengers and an 85% load factor, assuming an optimistic tourism outlook.
Minor Food mulls IPO in Hong Kong by end of 2026
Business, Molpasorn Shoowong, Published on 23/02/2026
» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).
Phuket up in arms on long‑stay visa
Business, Molpasorn Shoowong, Published on 18/02/2026
» Phuket tourism operators oppose the government's policy allowing foreigners who buy real estate worth 3 million baht to qualify for a long‑stay visa, arguing the investment threshold is too low and could attract "non‑quality" visitors who may engage in illegal activities, as well as risking an increase in property prices, making housing less affordable for local residents.
Adjusting rules to make Thai skies safer
Business, Molpasorn Shoowong, Published on 31/01/2026
» Indian airline IndiGo scrapped thousands of flights last month due to its failure to comply with new pilot rest rules by the required deadline, causing concern among aviation stakeholders in Thailand.
Strong baht may crimp bookings
Business, Molpasorn Shoowong, Published on 22/01/2026
» With the baht strengthening against the US dollar, surpassing 31 to the greenback for the first time in almost five years, it should impact forward bookings for the next few months and during the low season, discouraging tourist spending.
Phuket nightspot operators want crackdown on illegal operations
Molpasorn Shoowong, Published on 08/01/2026
» With the recent bribery case regarding entertainment operators in Phuket resurfacing, the private sector urged a crackdown on illegal operations such as staying open late for nightlife venues as well as unlicensed accommodations, which tarnish the tourist island’s reputation and deprive the government of tax revenue.
Tourist arrivals from Kazakhstan targeted for growth
Business, Molpasorn Shoowong, Published on 18/12/2025
» Despite a slowdown in visits by tourists from Kazakhstan, the Tourism Authority of Thailand (TAT) still targets at least 5% growth next year, coinciding with strong long-haul arrivals that already set a record high of 10 million this year.
Phuket upbeat on high season outlook
Business, Molpasorn Shoowong, Published on 02/12/2025
» Phuket tourism operators anticipate this high season running through the first quarter of 2026 will deliver the strongest performance in five years, driven by increased tourist spending, longer stays and the introduction of new long-haul flights to southern Thailand.