Showing 1 - 5 of 5
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).
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.
Thai hospitality groups go global
Business, Molpasorn Shoowong, Published on 02/01/2024
» As the tourism recovery gathers pace across the globe, Thai hospitality groups expanded their presence beyond the domestic market to capitalise on robust demand in many destinations.
Thai hotels set sights on global growth
Business, Molpasorn Shoowong, Published on 08/02/2023
» Thai hospitality is globally recognised for its unique service standards, which have assisted many homegrown hotel companies in their international expansion over the past few decades.
TAT signs airline deals in bid to lure 1m Americans
Business, Molpasorn Shoowong, Published on 04/11/2022
» The Tourism Authority of Thailand (TAT) is hoping to welcome at least 1 million tourists from the US next year after securing partnerships with Delta Air Lines and Korean Air to bring travellers from 17 gateway cities across the country.