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Search Result for “develop”

Showing 1 - 10 of 86

BUSINESS

MJets buoyant on regional outlook

Business, Molpasorn Shoowong, Published on 13/03/2026

» Private jet operator MJets is banking on increasing demand for private jets in the region as it adds new business arms, including an investment in fixed-base operator (FBO) facilities overseas and becoming an authorised dealer for Gulfstream jets in Thailand.

BUSINESS

Mideast conflict a blow to long-haul tourism

Business, Molpasorn Shoowong, Published on 05/03/2026

» As the conflict in the Middle East weighs on global travel prices and travellers’ pocketbooks, tourism operators in Thailand project arrivals from long-haul markets in 2026 will fall short of the 10.8 million seen last year.

BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).

BUSINESS

Chinese target Thailand for New Year travel

Business, Molpasorn Shoowong, Published on 13/02/2026

» Thailand remains a top destination for Chinese travellers during the upcoming Lunar New Year, but tourism consultants said the country should still develop new attractions and experiences to compete with emerging markets.

BUSINESS

Stagnant tourism hits Onyx revenue

Business, Molpasorn Shoowong, Published on 28/11/2025

» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.

SUSTAINABILITY

Phuket tourism ramps up sustainability drive

Business, Molpasorn Shoowong, Published on 24/11/2025

» The pandemic served as a catalyst for tourism operators to re-evaluate their sustainability strategies and implement new initiatives aimed at preserving natural resources and attractions, many of which showed signs of recovery due to periods of reduced tourist activity.

BUSINESS

Thai airlines face imminent pilot shortages

Molpasorn Shoowong, Published on 22/09/2025

» The Thai aviation sector is expected to have a pilot shortage in 2-3 years as airlines continue to expand their fleets, while more than half of Thai pilots remain unable to resume work due to licensing issues.

BUSINESS

New TCEB head aiming for 5% annual growth

Business, Molpasorn Shoowong, Published on 10/09/2025

» The new president of the Thailand Convention and Exhibition Bureau (TCEB) has vowed to keep persistent annual growth at 5%, higher than the GDP for the Mice (meetings, incentives, conventions and exhibitions) segment over the next four years.

BUSINESS

Phuket tourism trade jittery over instability

Business, Molpasorn Shoowong, Published on 02/09/2025

» Political instability and persistent border issues continue to impact investor sentiment, making Thailand lose its competitiveness due to delayed infrastructure development and tourism stimulus, according to Phuket tourism operators.

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.