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Search Result for “expensive”

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BUSINESS

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.

BUSINESS

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.

BUSINESS

Chiang Mai tourism weathers the storm

Business, Molpasorn Shoowong, Published on 25/09/2025

» Typhoon Ragasa has yet to significantly affect tourism in Chiang Mai because it is still low season, with flash floods occurring only in certain areas for a short period, and operators in the area more concerned about the strong baht steering short-haul tourists towards Vietnam.

BUSINESS

LOT Polish Airlines keen on Thailand

Business, Molpasorn Shoowong, Published on 18/08/2025

» The Tourism Authority of Thailand (TAT) is hopeful LOT Polish Airlines can commence direct scheduled flights to Thailand for the first time in more than a decade, ferrying Eastern Europeans to its new hub in Southeast Asia.

BUSINESS

Thailand seeks concert hub status

Business, Molpasorn Shoowong, Published on 12/08/2025

» Even though the government recently faced a backlash over a potential €50 million (1.88 billion baht) investment to bring Tomorrowland, the global electronic dance music event, to Thailand for five years, the private sector and venue owners still support the plan to establish the country as an entertainment hub because of its fiscal impact.

BUSINESS

Unease over Japan, South Korea market

Business, Molpasorn Shoowong, Published on 18/07/2025

» Tourism operators are not confident whether arrivals from Japan and South Korea can match the same level as 2024, as negative factors such as a strong baht, rivalry with Vietnam, as well as the two countries' weak economies continue to impact spending power.

BUSINESS

Travellers appear unfazed by Mideast airspace disruptions

Molpasorn Shoowong, Published on 24/06/2025

» Despite a possible ceasefire between Iran and Israel, disruptions to aviation in the Middle East might affect tourists’ decisions, though travel sentiment is expected to improve if tensions subside, travel industry executives said on Tuesday.

BUSINESS

War curbing Israeli tourist arrivals to Thailand

Molpasorn Shoowong, Published on 20/06/2025

» With the ongoing Israel-Iran war, The growth of the Israeli tourist market in Thailand this year is projected to shrink due to flight disruptions and airfares.

BUSINESS

HK Express optimistic on passenger prospects

Business, Molpasorn Shoowong, Published on 19/06/2025

» Amid ongoing safety concerns among Chinese visitors, HK Express, a low-cost carrier owned by Cathay Pacific Group, is anticipating a record high of 1 million passengers for its flights operating between Hong Kong and Thailand.

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.