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Search Result for “core inflation”

Showing 1 - 10 of 44

BUSINESS

Hoteliers’ lawsuit targets minimum wage

Molpasorn Shoowong, Published on 20/08/2025

» Members of the Thai Hotels Association (THA) voted on Wednesday to file a lawsuit against the national wage committee with the Administrative Court, arguing the 400-baht nationwide daily minimum wage violates the 1998 Labour Protection Act.

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

Nok Air rehabilitation proceeding as planned

Molpasorn Shoowong, Published on 23/07/2025

» Nok Air expects to exit the rehabilitation process as planned by mid-2028, with less than 400 million baht of debt remaining, and will join the government in offering free domestic air tickets to foreign tourists from September.

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".

BUSINESS

Onyx preps launch of REIT worth B6.5bn

Business, Molpasorn Shoowong, Published on 11/06/2025

» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.

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.

BUSINESS

Thailand targets 8 million European tourists in 2025

Business, Molpasorn Shoowong, Published on 07/11/2024

» Thailand is targeting 8 million European tourists next year, contributing to a new high of 11 million long-haul visitors, as the Tourism and Sports Ministry pledges to expedite efforts with airlines and ambassadors for a full international flight resumption.

BUSINESS

Confidence craters in tourism sector

Business, Molpasorn Shoowong, Published on 10/10/2024

» The tourism confidence index in the third quarter plunged year-on-year and remained below the benchmark, hampered by sluggish spending from factory closures, unemployment, rising non-performing loans and severe flooding in both Thailand and abroad, according to the Tourism Council of Thailand (TCT).

BUSINESS

Phuket service charges stable

Business, Molpasorn Shoowong, Published on 03/09/2024

» The average income from service charges among hotels in Phuket is expected to stabilise, but would still maintain a high level in the upcoming high season, while the average room rate would continue to soar, according to the Phuket Hotels Association.

PROPERTY

Sansiri banking on Standard deal to drive profit

Business, Molpasorn Shoowong, Published on 28/08/2024

» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.