Showing 1 - 10 of 19
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).
Centara targets 15% revenue growth
Business, Molpasorn Shoowong, Published on 27/11/2025
» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.
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).
Central upbeat on sales as luxury thrives
Business, Molpasorn Shoowong, Published on 04/12/2024
» Central Department Store Group (CDG) is upbeat about the potential of the luxury segment as it unveiled a renovated Central Chidlom with a 30% sales growth target next year.
Passengers record satisfaction with airlines
Business, Molpasorn Shoowong, Published on 25/11/2024
» Airline passenger satisfaction remained high and stable this year, according to the International Air Transport Association (IATA), though the association suggested investing more in technology to meet customer demand.
Bus tragedy may mar tour operators
Business, Molpasorn Shoowong, Published on 03/10/2024
» The recent school bus fire could hamper the recovery of tour operators for the remainder of this year, particularly in the domestic market as people are losing confidence, according to the Thai Transportation Operators Association.
Younger Asian tourists opt for cheaper regional holidays
Business, Molpasorn Shoowong, Published on 26/04/2024
» With travel costs soaring, more tourists from Asia-Pacific are opting for intra-regional trips, particularly Gen Z and millennials, as a majority of younger adults want to save up for trips, according to Marriott International.
Thai hospitality groups go global
Business, Molpasorn Shoowong, Published on 02/01/2024
» As the tourism recovery gathers pace across the globe, Thai hospitality groups expanded their presence beyond the domestic market to capitalise on robust demand in many destinations.
Aviation tech investments pick up after pandemic
Business, Molpasorn Shoowong, Published on 02/09/2023
» Aviation operators are investing greater amounts in technology to offset the slow post-pandemic recovery of human resources, which is lagging growing travel demand, according to SITA, an aviation IT provider.
Tourism operators jittery over protests
Business, Molpasorn Shoowong, Published on 14/07/2023
» Tourism operators are worried about possible protests that could harm the image of the country, while hoping a government is formed as soon as possible.