Showing 1 - 10 of 33
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).
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.
Thailand works to spur Taiwanese arrivals
Business, Molpasorn Shoowong, Published on 30/09/2025
» Declining confidence among Asian travellers to Thailand has also affected the Taiwanese market this year, say travel agents.
Pattaya touts red-light zone
Molpasorn Shoowong, Published on 15/09/2025
» In light of the recent BBC Three documentary focusing on the “dark side” of Thailand, Pattaya tourism operators have urged the government to solve persistent negative issues such as fraud, the decriminalisation of sex workers, and regulation of cannabis.
Community-based tourism on the rise
Business, Molpasorn Shoowong, Published on 23/06/2025
» Local communities continue to be a critical stakeholder in the Thai tourism supply chain.
Tourism slump hurts Bangkok restaurants
Molpasorn Shoowong, Published on 27/05/2025
» Weak domestic spending and sluggish foreign tourism, particularly from the Chinese market, have caused restaurant revenue on Bangkok’s popular Banthat Thong Road to dip by 40-50%, according to the Bantadthong Association.
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.
Centara opens 2 new Maldives hotels
Business, Molpasorn Shoowong, Published on 19/02/2025
» As the Maldives shifts to a family-friendly destination, Centara Hotels & Resorts (CHR) has launched two new hotels catering to this rising segment, investing more than US$200 million.
Centara sinks B1.4bn into revamp of Pattaya resort
Molpasorn Shoowong, Published on 07/02/2025
» Centara Hotels and Resorts (CHR) has invested 1.4 billion baht to revamp Centara Grand Mirage Beach Resort Pattaya to capture premium guests and families, as it wants to expand water park-themed hotels labelled "Mirage" to new destinations.
Getting visitors to open wallets
Business, Molpasorn Shoowong, Published on 16/12/2024
» Tourism plays a crucial role in Thailand's economy, contributing greatly to the country's GDP. In a bid to stimulate post-pandemic expenditure, the government is gearing up to attract more luxury and high-spending travellers.