Showing 1 - 10 of 61
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).
Adjusting rules to make Thai skies safer
Business, Molpasorn Shoowong, Published on 31/01/2026
» Indian airline IndiGo scrapped thousands of flights last month due to its failure to comply with new pilot rest rules by the required deadline, causing concern among aviation stakeholders in Thailand.
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.
Centara targets 15% revenue growth
Business, Molpasorn Shoowong, Published on 27/11/2025
» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.
Phuket tourism ramps up sustainability drive
Business, Molpasorn Shoowong, Published on 24/11/2025
» The pandemic served as a catalyst for tourism operators to re-evaluate their sustainability strategies and implement new initiatives aimed at preserving natural resources and attractions, many of which showed signs of recovery due to periods of reduced tourist activity.
Strong baht a high-season challenge
Molpasorn Shoowong, Published on 09/09/2025
» The appreciation of the baht to a four-year high could affect inbound tourism during the upcoming high season, although attractive room rates and cheaper international flights should still help attract visitors to Thailand.
Vietjet Thailand bullish on prospects for expansion
Business, Molpasorn Shoowong, Published on 29/08/2025
» With the largest fleet expansion among low-cost carriers operating in Thailand, Vietjet Thailand is ready to challenge its competitors by opening new routes to popular destinations, targeting 6.7 million passengers and 15 billion baht in revenue this year, resembling the rates recorded last year.
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".
Unease over Japan, South Korea market
Business, Molpasorn Shoowong, Published on 18/07/2025
» Tourism operators are not confident whether arrivals from Japan and South Korea can match the same level as 2024, as negative factors such as a strong baht, rivalry with Vietnam, as well as the two countries' weak economies continue to impact spending power.
Community-based tourism on the rise
Business, Molpasorn Shoowong, Published on 23/06/2025
» Local communities continue to be a critical stakeholder in the Thai tourism supply chain.