Showing 1 - 10 of 30
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).
Thailand Privilege Card vows to uphold strict screening
Business, Molpasorn Shoowong, Published on 17/01/2026
» Thailand Privilege Card (TPC) has pledged not to allow individuals with suspicious backgrounds or links to grey businesses to use its membership as a cover, and is preparing to discuss with the government ways to mitigate the impact of new tax measures on long-stay foreigners with overseas income.
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.
Race to enroll illegal hotels in system
Business, Molpasorn Shoowong, Published on 14/07/2025
» Phuket's latest "field hospital" measure is expected to attract 20-50 illegal hotels to register in the system before a ministerial regulation expires next month, according to the Phuket Boutique Accommodation Consortium.
Onyx preps launch of REIT worth B6.5bn
Business, Molpasorn Shoowong, Published on 11/06/2025
» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.
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.
Illegal condo rentals continue in Bangkok
Molpasorn Shoowong, Published on 29/04/2025
» Despite authorities' efforts to crack down on illegal daily rentals in condos, major tourism cities are continuing to see the practice persist, including a condo building in Bangkok's Sukhumvit 11 developed by a SET-listed company which has avoided an investigation by just changing its name.
Nok Air rejects allegation made in lawsuit
Business, Molpasorn Shoowong, Published on 14/02/2025
» Nok Air denies allegations that it required payment of training fees from junior pilots as a requirement for employment at the airline, responding to a lawsuit.
Privilege Card eager to shift from dependence on Chinese
Business, Molpasorn Shoowong, Published on 23/01/2025
» Concerns over foreign scams and human trafficking networks have not affected long-stay tourists, including the Chinese market, according to Thailand Privilege Card Co (TPC), the operator of a long-term residency and perks programme.
Competition encourages Thailand Privilege Card to diversify
Business, Molpasorn Shoowong, Published on 17/12/2024
» Thailand Privilege Card Co (TPC), the operator of a long-term residency and perks programme, expects slower growth attributed to intense competition.