Showing 1 - 10 of 35
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.
Galaxy advises big tourism swing
Business, Molpasorn Shoowong, Published on 24/10/2025
» Thailand should set an ambitious target of 45-60 million arrivals by the period of 2030 to 2035, pushing stakeholders to cooperate and keep pace with fast-growing Asia-Pacific tourism, says Galaxy Resorts Thailand.
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.
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.
Galaxy Resorts calls for luxury strategy to maximise growth
Business, Molpasorn Shoowong, Published on 05/08/2025
» As Thailand has already passed its tourism peak of 40 million tourists, the country requires luxury marketing and new public-private partnership investment in luxury tourism that targets the growing number of affluent travellers from Asia-Pacific in order to maximise growth, says Galaxy Resorts Thailand.
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.
MGM Resorts urges 'competitive' casino tax
Business, Molpasorn Shoowong, Published on 21/05/2025
» Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International.
Phuket unfazed by weak Chinese market
Business, Molpasorn Shoowong, Published on 13/05/2025
» The sluggish Chinese market should have a short-term impact on Phuket as well as Thailand, as the island can attract other foreign arrivals and long-stay markets, according to Lan Kwai Fong Group, an operator of residential projects in the province.
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.
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.