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Search Result for “grow”

Showing 1 - 10 of 99

BUSINESS

Stronger baht hurts travel

Business, Molpasorn Shoowong, Published on 01/04/2026

» The tourism sector could lose 15-17% of revenue if the baht strengthens beyond 30 per US dollar, according to a former governor of the Tourism Authority of Thailand (TAT).

BUSINESS

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.

BUSINESS

Thai travellers warned over rise of visa scams

Business, Molpasorn Shoowong, Published on 23/01/2026

» Travellers are advised to be alert to visa application scams, such as false appointment letters or requests for additional payment for fast-track visa guarantees, as outbound travel grows.

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

Hilton plans 12 Thailand properties

Business, Molpasorn Shoowong, Published on 23/12/2025

» Despite headwinds and rising competition leading to a 7% arrivals contraction, global hospitality operator Hilton still perceives Thai tourism as bullish in the long run, with 12 of 66 properties in its Southeast Asia pipeline planned for Thailand.

BUSINESS

Tourist arrivals from Kazakhstan targeted for growth

Business, Molpasorn Shoowong, Published on 18/12/2025

» Despite a slowdown in visits by tourists from Kazakhstan, the Tourism Authority of Thailand (TAT) still targets at least 5% growth next year, coinciding with strong long-haul arrivals that already set a record high of 10 million this year.

BUSINESS

Asian aviation set to surge in 2026

Business, Molpasorn Shoowong, Published on 06/12/2025

» Asia-Pacific aviation is expected to keep growing next year driven by robust demand, while airlines want eased regulations to help an industry encountering supply chain constraints and geopolitical challenges, according to the Association of Asia Pacific Airlines (AAPA).

BUSINESS

Phuket upbeat on high season outlook

Business, Molpasorn Shoowong, Published on 02/12/2025

» Phuket tourism operators anticipate this high season running through the first quarter of 2026 will deliver the strongest performance in five years, driven by increased tourist spending, longer stays and the introduction of new long-haul flights to southern Thailand.

BUSINESS

Saudi tops list of 7 priority markets

Business, Molpasorn Shoowong, Published on 26/11/2025

» The Tourism and Sports Ministry is stepping up efforts to grow seven priority markets, particularly Saudi Arabia, which is showing strong growth, ahead of a planned meeting with Saudi tourism officials in the coming months.

BUSINESS

US visitors to Thailand likely to increase this year

Business, Molpasorn Shoowong, Published on 28/10/2025

» Thailand expects nearly 1.2 million tourists from the US next year, continuing a record-breaking trend for the market, which has been boosted by more flights including the return of United Airlines to Bangkok after an 11-year absence.