Showing 1 - 10 of 296
Thai tourism faces B40bn revenue collapse
Business, Molpasorn Shoowong, Published on 09/03/2026
» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
Hostel association targets reform and growth
Business, Molpasorn Shoowong, Published on 09/03/2026
» The Hostel and Small Accommodation Association (Thailand) has urged the new government to continue pushing for a new accommodation act for small hotels, but strongly opposes allowing condo units to be registered as legal lodging.
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).
Phuket in fresh bid for Specialised Expo
Business, Molpasorn Shoowong, Published on 24/02/2026
» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new "longevity" theme, promoting the island's wellness and sustainable tourism sectors.
Phuket in fresh bid for Specialised Expo
Molpasorn Shoowong, Published on 23/02/2026
» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new “longevity” theme, promoting the island’s wellness and sustainable tourism sectors.
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.
Traders urged to be contrarians in the market
Business, Molpasorn Shoowong, Published on 06/02/2026
» Being in the minority and a contrarian always wins in the market, as investment is not as straightforward as operating your own business, says hospitality and real estate investor Pichai Chawla.
Tourism Authority of Thailand banking on Muay Thai Festival
Business, Molpasorn Shoowong, Published on 03/02/2026
» The Tourism Authority of Thailand (TAT) is optimistic about sports tourism growth this year as it hosts the Amazing Muay Thai Festival this week, expecting more than 18,000 visitors.
IHG to add nearly 40 hotels to Thai portfolio in 3-5 years
Business, Molpasorn Shoowong, Published on 21/01/2026
» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.