Showing 1 - 10 of 18
Thai tourism faces B40bn revenue collapse
Business, Molpasorn Shoowong, Published on 09/03/2026
» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
Assurance sought on Land Bridge impact
Business, Molpasorn Shoowong, Published on 24/09/2025
» Southern tourism operators want the government to ensure the environmental impact will be minimal if it intends to press on with the Land Bridge megaproject, as locals hope the scheme will enhance southern cities' competitiveness and increase household income.
HK Express optimistic on passenger prospects
Business, Molpasorn Shoowong, Published on 19/06/2025
» Amid ongoing safety concerns among Chinese visitors, HK Express, a low-cost carrier owned by Cathay Pacific Group, is anticipating a record high of 1 million passengers for its flights operating between Hong Kong and Thailand.
Dusit International says internal conflict not affecting operations
Molpasorn Shoowong, Published on 16/05/2025
» SET-listed Dusit International confirmed that the internal conflict within its major shareholder, Chanut and Children Co, owned by the heirs of the company’s founder, should not impact the company’s operations or lead to a trading suspension on the market.
Call for more proactive government tourism policies
Business, Molpasorn Shoowong, Published on 02/10/2024
» Tourism operators urge the government to be more active in dealing with unexpected events, while also addressing the lack of strategy for supply development.
Hotels to seek damages from FTI collapse
Business, Molpasorn Shoowong, Published on 06/08/2024
» With hotels reporting over 111 million baht in losses from the collapse of the German tour company FTI Group, operators will seek assistance from the German Embassy in Thailand via coordination with the Tourism and Sports Ministry.
Centel targets ambitious revenue increase
Business, Molpasorn Shoowong, Published on 14/03/2024
» Central Plaza Hotel (Centel) has allocated capital expenditure of 13-20 billion baht for the next three years, in a bid to double the revenue of its food and hotel business by 2029.
Ministry allocates B50m for tourist insurance scheme
Business, Molpasorn Shoowong, Published on 15/02/2024
» The Tourism and Sports Ministry has set aside a budget of 50 million baht to assist foreign tourists in case of death or accidents in fiscal 2024.
Warning over new hotel regulations
Business, Molpasorn Shoowong, Published on 05/09/2023
» New ministerial regulations allowing places of accommodation with no more than eight rooms and 30 guests to be excluded from the hotel business would lead to a 15-20% loss of tourism revenue and an increase in safety risks, according to the Thai Hotels Association (THA).
TAA, Bangkok Airways post high airfares in Q2
Business, Molpasorn Shoowong, Published on 17/08/2023
» Thai AirAsia (TAA) has reported increased airfares of 42% for the first half, while Bangkok Airways registered a 36% uptick in the first half, though a weaker baht continued to affect airlines' profits.