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Search Result for “concession contracts”

Showing 1 - 10 of 33

BUSINESS

Traders urged to be contrarians in the market

Business, Molpasorn Shoowong, Published on 06/02/2026

» Being in the minority and a contrarian always wins in the market, as investment is not as straightforward as operating your own business, says hospitality and real estate investor Pichai Chawla.

BUSINESS

Ruling on pilot training charges creates legal precedent

Business, Molpasorn Shoowong, Published on 07/01/2026

» Over a dozen student pilots won a lawsuit against Nok Air regarding a requirement for additional training charges outside a contract for co-pilot employment, while the Court of Justice ordered compensation of one-third of 32.5 million baht in total damages.

BUSINESS

Centara targets 15% revenue growth

Business, Molpasorn Shoowong, Published on 27/11/2025

» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.

PROPERTY

Dusit appeals to families

Molpasorn Shoowong, Published on 23/08/2025

» Dusit Estate, the property development arm of SET-listed Dusit Thani, is keen to expand its new residential brand Dusit Ajara, catering to multi-generational living trends in Thailand and throughout Asia.

BUSINESS

PCL says business owners keen on hospitality investment

Business, Molpasorn Shoowong, Published on 06/08/2025

» More real estate business and other business owners are diversifying their portfolio to hospitality investment, hoping to generate recurring income from the growing tourism industry, says PCL Hospitality, a hospitality consultancy and management company.

BUSINESS

Call for transport reforms to boost tourism

Molpasorn Shoowong, Published on 26/05/2025

» Tourism operators are urging the government to crack down on taxi scams and provide reasonable public transport fares, as another negative image of Thai tourism has emerged in the form of a study carried out by Mastercard Economics Institute, which includes Bangkok among the cities with the higher rates of taxi and car rental fraud compared to other types of scams.

BUSINESS

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.

SUSTAINABILITY

Cooperation key to Central's sustainability push

Business, Molpasorn Shoowong, Published on 25/03/2025

» Central Group insists that sustainability initiatives require collaboration between key stakeholders, as sustainable development will likely be impacted by the US presidency of Donald Trump.

PROPERTY

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.

BUSINESS

Minor eyes huge hotel portfolio growth

Business, Molpasorn Shoowong, Published on 18/02/2025

» SET-listed Minor International is targeting capital expenditure of 10-12 billion baht a year to reach its goal of 1,000 hotels and 4,500 restaurants by 2029, while banking on a boost to Thai growth thanks to the filming of The White Lotus at its four resorts.