Showing 1 - 10 of 23
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.
IHG to add nearly 40 hotels to Thai portfolio in 3-5 years
Business, Molpasorn Shoowong, Published on 21/01/2026
» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.
Tourism Authority of Thailand expects drop in New Year revenue
Business, Molpasorn Shoowong, Published on 26/12/2025
» Tourism receipts during the New Year holiday are expected to plunge by 2-9% year-on-year due to the border conflict and flooding in the South, while outbound travel remains strong, supported by the strength of the local currency.
Wellness tourism the way forward
Business, Molpasorn Shoowong, Published on 24/11/2025
» As the government promotes the wellness and medical tourism segment, the private sector is calling for eased regulations and a focus on well-being to position Thailand as a top destination for these services.
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.
Weak baht ‘not enough to drive tourism’
Molpasorn Shoowong, Published on 04/04/2025
» A weak baht is not enough to offset the other negative factors affecting Thailand’s tourism industry, as most Asian currencies are facing similar declines following news of US tariff increases, say travel agents.
Minor Hotels to add 2 new brands to portfolio
Business, Molpasorn Shoowong, Published on 26/03/2025
» Minor Hotels is planning to add at least two new brands to its portfolio this year, while upgrading the new master brand identity for the group.
Tourism trade needs additional attractions
Business, Molpasorn Shoowong, Published on 23/12/2024
» With Japan's popularity surpassing Thailand due to its weak currency and readiness to accommodate independent tourists, tourism operators are urging the Thai government to focus on adding new attractions and drive supply quality to draw 40 million tourists.
Tourism to gain from central bank cut
Business, Molpasorn Shoowong, Published on 17/10/2024
» Thailand's policy rate cut is expected to benefit the tourism industry, letting business operators invest and upgrade their services to improve competitiveness, while tourist spending could increase.
10m tourist arrivals sought in final quarter to reach target
Business, Molpasorn Shoowong, Published on 08/10/2024
» The fourth quarter will require at least 10.1 million foreign tourist arrivals, or a 25% year-on-year increase, in order to reach the 36.7 million tourists targeted for 2024, according to the Tourism Authority of Thailand (TAT).