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Search Result for “defining feature”

Showing 1 - 10 of 23

BUSINESS

Push for policy to lift competitiveness

Business, Molpasorn Shoowong, Published on 10/02/2026

» With the Bhumjaithai Party expected to lead the government for a full four-year term with a high degree of stability, tourism operators are urging the government to focus on long-term investment rather than short-term stimulus in order to compete with regional rivals such as Vietnam.

THAILAND

Pop star Lisa appointed ‘Amazing Thailand Ambassador’

Molpasorn Shoowong, Published on 15/10/2025

» The Tourism Authority of Thailand (TAT) announced on Wednesday that pop singer Lalisa “Lisa” Manobal has agreed to serve as “Amazing Thailand Ambassador” for the next 12 months.

BUSINESS

Association upbeat on growth outlook for amusement parks

Business, Molpasorn Shoowong, Published on 11/07/2025

» Despite global economic uncertainties, the amusement park industry expects continued robust growth over the next few years, according to the International Association of Amusement Parks and Attractions (IAAPA).

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

AWC’s 5-billion-baht Ritz-Carlton set to offer most expensive room rates

Molpasorn Shoowong, Published on 09/06/2025

» SET-listed Asset World Corp (AWC) has invested over 5 billion baht in developing the Ritz-Carlton Bangkok at the Lhong 1919 Riverside Heritage Destination in Bangkok, aiming to become the hotel offering the highest room rate in the city.

PROPERTY

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.

BUSINESS

Dusit invests in multigeneration condo

Business, Molpasorn Shoowong, Published on 17/01/2025

» Dusit International is expanding to real estate with an investment in a new multigeneration condo in Hua Hin, while targeting at least 15 new contracts for hotel management, including in Europe.

BUSINESS

Central Retail Corporation to focus on public service campaigns rather than prices

Business, Molpasorn Shoowong, Published on 28/11/2024

» Central Retail Corporation (CRC) plans to allocate a higher marketing budget for equity and sustainable campaigns, shifting from price promotion, after its latest initiative raised more than 2.5 million baht for the Cardiac Children Foundation of Thailand.

BUSINESS

Bookings at riverside hotels surge

Business, Molpasorn Shoowong, Published on 15/11/2024

» Hotels along the Chao Phraya River are expecting a significant uptick in bookings for December and the New Year celebration as tourism resumes and Thai K-pop star Lalisa is booked to perform at Iconsiam's countdown event.

BUSINESS

Ministry to legalise unregistered hotels

Business, Molpasorn Shoowong, Published on 08/11/2024

» The Tourism and Sports Ministry has vowed to register unregistered hotels through a new draft within one year, aiming to maintain the long-haul tourist market as the EU's Carbon Border Adjustment Mechanism (CBAM) is implemented in two years, which requires adhering to strict environmental standards.