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Search Result for “contraction”

Showing 1 - 7 of 7

BUSINESS

Tourism still a stalled engine

Business, Molpasorn Shoowong, Published on 29/12/2025

» In 2025, the Thai tourism industry faced its first contraction since the pandemic, with several setbacks consistently hampering tourist confidence.

BUSINESS

Hilton plans 12 Thailand properties

Business, Molpasorn Shoowong, Published on 23/12/2025

» Despite headwinds and rising competition leading to a 7% arrivals contraction, global hospitality operator Hilton still perceives Thai tourism as bullish in the long run, with 12 of 66 properties in its Southeast Asia pipeline planned for Thailand.

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.

BUSINESS

Strong baht a high-season challenge

Molpasorn Shoowong, Published on 09/09/2025

» The appreciation of the baht to a four-year high could affect inbound tourism during the upcoming high season, although attractive room rates and cheaper international flights should still help attract visitors to Thailand.

BUSINESS

SE Asian arrivals remain sluggish

Business, Molpasorn Shoowong, Published on 06/09/2025

» Demonstrations in Indonesia and a weakened Vietnamese dong could impact inbound arrivals to Thailand in the short term, though both markets are still projected to have high GDP growth and contain a large youth population deemed to have high potential.

BUSINESS

Vietjet Thailand bullish on prospects for expansion

Business, Molpasorn Shoowong, Published on 29/08/2025

» With the largest fleet expansion among low-cost carriers operating in Thailand, Vietjet Thailand is ready to challenge its competitors by opening new routes to popular destinations, targeting 6.7 million passengers and 15 billion baht in revenue this year, resembling the rates recorded last year.

SUSTAINABILITY

Phuket hotels go green in hunt for gold

Business, Molpasorn Shoowong, Published on 21/07/2025

» Thai tourism is embracing sustainability as a core selling point for travellers, as the industry seeks to ensure its survival in a marketplace where such practices have become the "new normal".