Showing 1 - 10 of 20
PCL says business owners keen on hospitality investment
Business, Molpasorn Shoowong, Published on 06/08/2025
» More real estate business and other business owners are diversifying their portfolio to hospitality investment, hoping to generate recurring income from the growing tourism industry, says PCL Hospitality, a hospitality consultancy and management company.
Phuket hotels go green in hunt for gold
Business, Molpasorn Shoowong, Published on 21/07/2025
» Thai tourism is embracing sustainability as a core selling point for travellers, as the industry seeks to ensure its survival in a marketplace where such practices have become the "new normal".
AWC’s 5-billion-baht Ritz-Carlton set to offer most expensive room rates
Molpasorn Shoowong, Published on 09/06/2025
» SET-listed Asset World Corp (AWC) has invested over 5 billion baht in developing the Ritz-Carlton Bangkok at the Lhong 1919 Riverside Heritage Destination in Bangkok, aiming to become the hotel offering the highest room rate in the city.
AWC calls for action on tourism
Business, Molpasorn Shoowong, Published on 12/05/2025
» SET-listed Asset World Corp (AWC) has urged the government to swiftly restore tourism confidence and promote new attractions to lure high-spending visitors.
'White Lotus' boon yet to materialise
Business, Molpasorn Shoowong, Published on 10/05/2025
» Hotels in the South have yet to feel any impact from the White Lotus HBO series filmed in Thailand, as the volatile global economy and safety concerns regarding the country have affected prospective tourists' decision-making.
Southern hotels boom amid tourist influx
Business, Molpasorn Shoowong, Published on 31/01/2025
» Robust tourism should help hotels in the South enjoy surging room rates and service charges for both high and low seasons, as many five-star beach resorts have already announced a new round of service charges, with the highest rate reaching 92,924 baht in January.
Iconic hotel seeks new investor
Business, Molpasorn Shoowong, Published on 15/01/2025
» Royal Orchid Sheraton Riverside Hotel is looking for a new investor, while Marriott International, which managed the hotel, is expanding in the region with the focus being on management and franchise contracts.
AWC allots B10bn for Phenix
Business, Molpasorn Shoowong, Published on 17/06/2024
» SET-listed Asset World Corp (AWC) has launched Phenix, a 10-billion-baht wholesale and retail food centre, to capture consistent demand in the tourism and food segments.
Younger Asian tourists opt for cheaper regional holidays
Business, Molpasorn Shoowong, Published on 26/04/2024
» With travel costs soaring, more tourists from Asia-Pacific are opting for intra-regional trips, particularly Gen Z and millennials, as a majority of younger adults want to save up for trips, according to Marriott International.
AWC banking on high-spending tourists
Business, Molpasorn Shoowong, Published on 01/03/2024
» SET-listed Asset World Corp (AWC) remains bullish on high-spending tourists and plans to invest in several projects valued at 36 billion baht this year.