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Search Result for “merger”

Showing 1 - 4 of 4

BUSINESS

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).

BUSINESS

AirAsia, AirAsia X poised to merge

Business, Molpasorn Shoowong, Published on 09/01/2024

» AirAsia has announced the merger of AirAsia and AirAsia X, making Southeast Asia a multi-hub for aviation while targeting Thailand as its hub for flights to Europe.

BUSINESS

King Power upbeat on sales outlook

Business, Molpasorn Shoowong, Published on 26/04/2023

» King Power Group is aiming for duty-free sales to reach 80% of the 2019 tally this year via both offline and online channels, as well as through new lifestyle retail stores, amidst a slow recovery of the Chinese market.

BUSINESS

Nok Air unfazed by THAI merger proposal

Business, Molpasorn Shoowong, Published on 17/04/2023

» Low-cost carrier Nok Air has reaffirmed that Thai Airways (THAI) still holds a 13.28% stake as the flag carrier prepares to merge with Thai Smile Airways.