Showing 1 - 10 of 15
Stagnant tourism hits Onyx revenue
Business, Molpasorn Shoowong, Published on 28/11/2025
» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.
TAT hopeful major events can entice 12m foreign arrivals
Business, Molpasorn Shoowong, Published on 14/10/2025
» The government plans to attract 12 million foreign arrivals during its four-month tenure, driven by four events: the Amazing Marathon, Maha Loy Krathong 2025, Vijit Chao Phraya Light Festival and Amazing Thailand Countdown.
Calls for vouchers for foreign visitors
Business, Molpasorn Shoowong, Published on 09/09/2025
» Tourism operators are urging the new tourism minister to give cash coupons to foreign visitors to spend in Thailand, similar to practices in other countries, and plan ahead for next year's low season immediately.
Sansiri preps 29 projects in Phuket under 5-year plan
Business, Molpasorn Shoowong, Published on 06/08/2025
» SET-listed developer Sansiri plans to launch 29 residential projects worth 33 billion baht in Phuket under a five-year plan, driven by new demand from both locals and foreigners.
Tourism surveys Chinese market
Business, Molpasorn Shoowong, Published on 03/05/2025
» While the government is hoping tourism can drive the economy during its "Amazing Thailand Grand Tourism and Sports Year 2025" campaign, the industry has been hit by several setbacks, resulting in slower growth since the pandemic.
Thai AirAsia eyeing new growth markets
Business, Molpasorn Shoowong, Published on 27/03/2025
» Thai AirAsia is asking the government to urgently deal with the sluggish Chinese market by launching a stimulus campaign.
Centara to invest B15bn in hotels
Business, Molpasorn Shoowong, Published on 01/03/2025
» Centara Hotels & Resorts (CHR) plans to invest 15 billion baht in hotels over the next three years, while targeting revenue of 15.5 billion baht in 2025.
Thai Lion Air beefs up fleet, adds routes
Business, Molpasorn Shoowong, Published on 16/08/2024
» Thai Lion Air is ramping up its fleet and returning to its routes as tourism demand grows, targeting 6-7 million passengers and a profit for the first time post-pandemic.
Toshiba unit sets sales growth target at 20%
Business, Molpasorn Shoowong, Published on 08/08/2024
» Toshiba Thailand has targeted 20% growth for the entire year, with more of its product line-up shifting to middle and high-tier products to tackle sluggish spending in the mass market and respond to global economic challenges.
CPN eyes 20% growth for residential unit
Business, Molpasorn Shoowong, Published on 28/06/2024
» SET-listed Central Pattana (CPN) is targeting 20% annual growth for its residential property business in the coming years, while aiming for 7 billion baht in revenue in 2024 via the high-spending domestic segment in the provinces.