Showing 1 - 10 of 82
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.
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.
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.
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.
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.
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.
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.
Impact of tariff hikes on tourism likely to unfold next year
Business, Molpasorn Shoowong, Published on 10/07/2025
» Tourism operators view the US's tariff policy as indirectly hampering Thai tourism in the form of reduced spending, but this impact is not expected to unfold until next year, as many tourists have already booked trips for the upcoming high season.
Association seeks ways to boost Mice arrivals
Business, Molpasorn Shoowong, Published on 10/06/2025
» The number of international travellers in the meetings, incentives, conventions and exhibitions (Mice) segment this year is expected to contract from last year, due to US trade and tariff policies and an unsafe image of Thailand, according to the Thailand Incentive and Convention Association (Tica).
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.