Showing 1 - 10 of 269
Refund crisis as more flights are cancelled
Business, Molpasorn Shoowong, Published on 28/04/2026
» The Thai Travel Agents Association (TTAA) is urging the government to coordinate with airlines to provide refunds covering losses for tour operators due to flight cancellations, as they have already incurred costs for hotels and transport at destinations.
Southern hotels wary of low season
Business, Molpasorn Shoowong, Published on 25/04/2026
» Hotel operators in the South are bracing for losses during the low season, mainly attributed to war in the Middle East causing sluggish demand and flight cancellations.
Call for more state support for green tourism
Business, Molpasorn Shoowong, Published on 24/04/2026
» Southern tourism operators are calling for more government support and incentives for the green transition, as Phuket recently hosted an international sustainable tourism conference in a bid to create global recognition in this sector.
Proposed tax on arrivals draws mixed reactions
Business, Molpasorn Shoowong, Published on 08/04/2026
» Tourism operators have expressed mixed views on the new government's plan to levy a 300‑baht tourism tax, as it may affect travel sentiment amid sluggish tourism caused by the Middle East crisis.
Business jet demand soars in Asia
Business, Molpasorn Shoowong, Published on 30/03/2026
» Amid commercial flight disruptions caused by the Mideast war, business jet usage is booming in Thailand and Southeast Asia, with plane manufacturers marketing their latest models of long‑range aircraft to wealthy individuals seeking to expand their businesses internationally.
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).
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.