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Showing 1 - 10 of 27

BUSINESS

Push for policy to lift competitiveness

Business, Molpasorn Shoowong, Published on 10/02/2026

» With the Bhumjaithai Party expected to lead the government for a full four-year term with a high degree of stability, tourism operators are urging the government to focus on long-term investment rather than short-term stimulus in order to compete with regional rivals such as Vietnam.

BUSINESS

Call for action to boost weak travel industry

Business, Molpasorn Shoowong, Published on 28/08/2025

» Tourism operators and airlines are urging the government to restore border stability and improve confidence, as recent incidents have the potential to reduce the average occupancy rate in Thai hotels by more than 10% year-on-year.

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.

BUSINESS

Tourism body estimates revenue to miss B3tn target

Molpasorn Shoowong, Published on 14/07/2025

» The Tourism Authority of Thailand (TAT) estimates that tourism revenue this year will reach 2.87 trillion baht, a shortfall from the 3-trillion-baht target due to the sluggish Chinese market and global uncertainties, but it still anticipates 7% growth to 3 trillion baht in 2026.

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.

PROPERTY

Illegal condo rentals continue in Bangkok

Molpasorn Shoowong, Published on 29/04/2025

» Despite authorities' efforts to crack down on illegal daily rentals in condos, major tourism cities are continuing to see the practice persist, including a condo building in Bangkok's Sukhumvit 11 developed by a SET-listed company which has avoided an investigation by just changing its name.

PROPERTY

Lan Kwai Fong joins Phuket deal

Business, Molpasorn Shoowong, Published on 12/03/2025

» Robust long-stay demand in Phuket has attracted Hong Kong's Lan Kwai Fong Group to invest in a project worth 4.5 billion baht via joint ventures with a local developer, while a legal consultant suggested Thailand amend the hotel laws to permit the renting out of condo units on a daily basis.

BUSINESS

Outcry over growth of illegal hotels

Business, Molpasorn Shoowong, Published on 25/02/2025

» Phuket and Bangkok are the tourist destinations most heavily linked to the practice of investors illegally renting out their residential units as short-term accommodation, according to the Thai Hotels Association (THA), while tourism operators want the government to consider reducing the 60-day visa-free period to eligible countries.

BUSINESS

Hotels insist on government action to address PM2.5

Business, Molpasorn Shoowong, Published on 29/01/2025

» Hotel operators are urging the government to work with the entire supply chain to solve the smog issue before it severely hampers tourism, while hostels cry foul over the high cost burden of having clean air for guests.

BUSINESS

Council calls for subcommittee to tackle illegal businesses

Business, Molpasorn Shoowong, Published on 25/10/2024

» The Tourism Council of Thailand (TCT) has proposed setting up a subcommittee, including members of the Senate and private tourism operators, in an effort to crack down on the use of nominees in businesses and price-dumping packages, after a query was put forward this week to the tourism minister.