Showing 1 - 6 of 6
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).
Tourism slump hurts Bangkok restaurants
Molpasorn Shoowong, Published on 27/05/2025
» Weak domestic spending and sluggish foreign tourism, particularly from the Chinese market, have caused restaurant revenue on Bangkok’s popular Banthat Thong Road to dip by 40-50%, according to the Bantadthong Association.
Confidence index underwhelms in first quarter
Business, Molpasorn Shoowong, Published on 12/04/2024
» The tourism confidence index for the first quarter is lower than normal, according to the Tourism Council of Thailand (TCT), attributed to lower revenue for tourism operators and deflation risks.
Airline price war unlikely amid high operational costs
Business, Molpasorn Shoowong, Published on 16/09/2023
» Airlines in Thailand are not expected to start another price war in the near future, while the Civil Aviation Authority of Thailand (CAAT) plans to maintain ceiling ticket prices despite higher operational costs.
Samui seeks longer stays for Europeans
Business, Molpasorn Shoowong, Published on 13/09/2023
» Tourism operators on Koh Samui are urging the government to allow extended stays for European tourists as they believe the proposed visa exemption for Chinese visitors will not benefit the island.
Transport urges continued subsidies
Business, Molpasorn Shoowong, Published on 11/07/2023
» Bus and airline operators are urging the government to continue to subsidise fuel costs for the whole year to relieve the burden on companies and passengers as the tourism industry slowly recovers to match 2019 levels.