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Search Result for “average”

Showing 1 - 10 of 234

BUSINESS

Business jet demand soars in Asia

Business, Molpasorn Shoowong, Published on 30/03/2026

» Amid commercial flight disruptions caused by the Mideast war, business jet usage is booming in Thailand and Southeast Asia, with plane manufacturers marketing their latest models of long‑range aircraft to wealthy individuals seeking to expand their businesses internationally.

BUSINESS

MJets buoyant on regional outlook

Business, Molpasorn Shoowong, Published on 13/03/2026

» Private jet operator MJets is banking on increasing demand for private jets in the region as it adds new business arms, including an investment in fixed-base operator (FBO) facilities overseas and becoming an authorised dealer for Gulfstream jets in Thailand.

BUSINESS

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.

BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).

BUSINESS

Origin ramps up non-residential push

Business, Molpasorn Shoowong, Published on 21/02/2026

» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.

BUSINESS

Shorter visa-free stays on the cards

Business, Molpasorn Shoowong, Published on 12/02/2026

» The Tourism and Sports Ministry insists the government's plan to reduce visa‑free stays from 60 days should not impact tourism, as most foreign tourists on average stay for less than a month.

BUSINESS

Pattaya banking on Chinese New Year boost

Business, Molpasorn Shoowong, Published on 11/02/2026

» With Chinese New Year approaching next week, Pattaya tourism operators expect similar conditions as last year, though Chiang Mai predicts a surge from Chinese‑speaking markets.

BUSINESS

Flood recovery lag weighs on Hat Yai

Business, Molpasorn Shoowong, Published on 05/02/2026

» While most hotels in Hat Yai have already resumed operations, insufficient flood relief has resulted in only 30% of shops and restaurants reopening, leading to a weak outlook for tourism revenue during the Chinese New Year, according to the Hat Yai Songkhla Hotels Association.

BUSINESS

Aircraft manufacturers eye Asia-Pacific demand

Business, Molpasorn Shoowong, Published on 04/02/2026

» As Asia-Pacific outpaces other regions in aviation growth, industry players -- including aircraft manufacturers -- are stepping up efforts to target passengers and clients in the region.

BUSINESS

Tourism index dips in fourth quarter

Business, Molpasorn Shoowong, Published on 28/01/2026

» The tourism confidence index in the fourth quarter of 2025 dropped year-on-year, marking a sluggish recovery due to southern flooding, the Thailand-Cambodia border conflict and the strong baht, according to the Tourism Council of Thailand (TCT).