Showing 1 - 10 of 373
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.
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).
Thai AirAsia pins growth hopes on China, long-haul markets
Business, Molpasorn Shoowong, Published on 26/02/2026
» Thai AirAsia (TAA) is targeting 6-9% year-on-year revenue growth in 2026, supported by 23.5 million passengers and an 85% load factor, assuming an optimistic tourism outlook.
Tourism Authority of Thailand invests B30m to revamp app
Business, Molpasorn Shoowong, Published on 25/02/2026
» The Tourism Authority of Thailand (TAT) has invested 30 million baht to revamp its Amazing Thailand app to support seamless travel for inbound tourists, aiming to reach its goal of 3 trillion baht in tourism revenue this year.
Minor Food mulls IPO in Hong Kong by end of 2026
Business, Molpasorn Shoowong, Published on 23/02/2026
» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).
Origin ramps up non-residential push
Business, Molpasorn Shoowong, Published on 21/02/2026
» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.
N.C. Housing slashes projects amid weak demand
Business, Molpasorn Shoowong, Published on 19/02/2026
» SET-listed developer N.C. Housing plans to launch only two projects worth a combined 2 billion baht this year, lower than in previous years, as it remains cautious because of weak consumer purchasing power.
Pattaya banking on Chinese New Year boost
Business, Molpasorn Shoowong, Published on 11/02/2026
» With Chinese New Year approaching next week, Pattaya tourism operators expect similar conditions as last year, though Chiang Mai predicts a surge from Chinese‑speaking markets.
Bureau seeks 10% growth for exhibitions market
Business, Molpasorn Shoowong, Published on 07/02/2026
» Amid economic uncertainty, the Thailand Convention and Exhibition Bureau (TCEB) targets 10% growth for the Mice (meetings, incentives, conventions and exhibitions) segment this year, with 163 billion baht in revenue and 29.4 million participants.
Aircraft manufacturers eye Asia-Pacific demand
Business, Molpasorn Shoowong, Published on 04/02/2026
» As Asia-Pacific outpaces other regions in aviation growth, industry players -- including aircraft manufacturers -- are stepping up efforts to target passengers and clients in the region.