Showing 1 - 9 of 9
Industrial Estate Authority of Thailand chief eyes strategic reboot
Business, Molpasorn Shoowong, Published on 14/01/2026
» The next government is urged to reform investment strategy and streamline working processes to lift economic growth, including attracting high-value sectors such as wellness tourism, high-tech industry and green infrastructure.
Tourism officials wary of Vietnam
Business, Molpasorn Shoowong, Published on 06/05/2025
» Tourism operators fear Thailand will lose its position as the top Southeast Asian destination to Vietnam in a few years as the latter reported nearly 50% inbound market growth in March compared with the pre-pandemic period, while Thailand struggles with sluggish growth.
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.
Tourism Authority of Thailand upbeat on Golden Week
Business, Molpasorn Shoowong, Published on 01/10/2024
» Thailand is expecting up to 183,000 Chinese visitors during this year's Golden Week holiday, representing an 88% recovery from 2019, generating 5.1 billion baht revenue, according to the Tourism Authority of Thailand (TAT).
Hotels to seek damages from FTI collapse
Business, Molpasorn Shoowong, Published on 06/08/2024
» With hotels reporting over 111 million baht in losses from the collapse of the German tour company FTI Group, operators will seek assistance from the German Embassy in Thailand via coordination with the Tourism and Sports Ministry.
Art toy mascot seeks to entice China market
Business, Molpasorn Shoowong, Published on 02/07/2024
» A tourism campaign led by art toy mascot Labubu could help Thailand attract 8 million Chinese visitors and lure art toy lovers from around the world, as emerging home-grown mascot Butter Bear is the next tourism presenter, says the Tourism Authority of Thailand (TAT).
Low net margin hampers aviation industry
Business, Molpasorn Shoowong, Published on 05/06/2024
» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).
Smaller hotels struggling to cope with increasing costs
Business, Molpasorn Shoowong, Published on 03/08/2023
» Despite the upcoming lower power tariff, midscale and small hotels are still facing a surge in expenses due to high interest rates, while their rate of revenue growth lags behind those of five-star properties.
Transport urges continued subsidies
Business, Molpasorn Shoowong, Published on 11/07/2023
» Bus and airline operators are urging the government to continue to subsidise fuel costs for the whole year to relieve the burden on companies and passengers as the tourism industry slowly recovers to match 2019 levels.