Showing 1 - 7 of 7
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.
Dusit appeals to families
Molpasorn Shoowong, Published on 23/08/2025
» Dusit Estate, the property development arm of SET-listed Dusit Thani, is keen to expand its new residential brand Dusit Ajara, catering to multi-generational living trends in Thailand and throughout Asia.
Onyx preps launch of REIT worth B6.5bn
Business, Molpasorn Shoowong, Published on 11/06/2025
» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.
Dusit invests in multigeneration condo
Business, Molpasorn Shoowong, Published on 17/01/2025
» Dusit International is expanding to real estate with an investment in a new multigeneration condo in Hua Hin, while targeting at least 15 new contracts for hotel management, including in Europe.
More foreign ownership ‘could mean more illegal hotels’
Molpasorn Shoowong, Published on 13/08/2024
» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.
LHMH shrugs off dimmer outlook in Europe
Business, Molpasorn Shoowong, Published on 13/09/2023
» Europe's worsening economic outlook won't affect the hotel situation in Pattaya, as most guests arrive from other countries within Asia or are domestic tourists, according to LH Mall and Hotel (LHMH).
1st phase of U-tapao revamp faces delay
Business, Molpasorn Shoowong, Published on 01/12/2022
» The first phase of the new U-tapao international airport is likely to face a delay of two years because of the pandemic's impact, according to U-Tapao International Aviation Company Ltd (UTA).