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Search Result for “investing”

Showing 1 - 10 of 25

BUSINESS

Event organisers still buoyant

Business, Molpasorn Shoowong, Published on 05/01/2026

» Despite Vietnam's massive investment in new venue infrastructure, event organisers in Thailand remain confident the country can still compete for event and festival tourism, banking on a variety of venues and its ability to attract both high-spending attendees and repeat visitors.

SUSTAINABILITY

Phuket tourism ramps up sustainability drive

Business, Molpasorn Shoowong, Published on 24/11/2025

» The pandemic served as a catalyst for tourism operators to re-evaluate their sustainability strategies and implement new initiatives aimed at preserving natural resources and attractions, many of which showed signs of recovery due to periods of reduced tourist activity.

BUSINESS

Supply chain disruption hampering carriers

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

» Supply chain disruption has caused aircraft delivery delays, hampering airline fleet strategy and leading a carrier to cease operations in the case of AirJapan.

BUSINESS

Galaxy Resorts calls for luxury strategy to maximise growth

Business, Molpasorn Shoowong, Published on 05/08/2025

» As Thailand has already passed its tourism peak of 40 million tourists, the country requires luxury marketing and new public-private partnership investment in luxury tourism that targets the growing number of affluent travellers from Asia-Pacific in order to maximise growth, says Galaxy Resorts Thailand.

BUSINESS

Panel calls for new tourism investment

Business, Molpasorn Shoowong, Published on 17/07/2025

» Thai tourism should not underestimate rivals in the region, notably Vietnam, which are investing heavily in tourism infrastructure such as high-speed rail as well as new attractions and hotels, said the subcommittee of the National Soft Power Strategy Committee.

BUSINESS

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).

BUSINESS

Impact of tariff hikes on tourism likely to unfold next year

Business, Molpasorn Shoowong, Published on 10/07/2025

» Tourism operators view the US's tariff policy as indirectly hampering Thai tourism in the form of reduced spending, but this impact is not expected to unfold until next year, as many tourists have already booked trips for the upcoming high season.

BUSINESS

Amadeus still optimistic regarding travel prospects

Business, Molpasorn Shoowong, Published on 09/06/2025

» Amadeus, a travel technology company and global distribution system provider, remains bullish on tourism in Thailand and Asia-Pacific, despite the trade war and tariff spats.

BUSINESS

Domestic meetings getting more attention

Business, Molpasorn Shoowong, Published on 24/05/2025

» More Thai companies are opting for domestic meetings instead of travelling abroad due to economic uncertainty this year, helping to propel domestic Mice (meetings, incentives, conventions and exhibitions) revenue to 86 billion baht from 26 million travellers this year, according to the Thailand Convention and Exhibition Bureau (TCEB).

BUSINESS

MGM Resorts urges 'competitive' casino tax

Business, Molpasorn Shoowong, Published on 21/05/2025

» Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International.