Showing 1 - 10 of 10
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).
Traders urged to be contrarians in the market
Business, Molpasorn Shoowong, Published on 06/02/2026
» Being in the minority and a contrarian always wins in the market, as investment is not as straightforward as operating your own business, says hospitality and real estate investor Pichai Chawla.
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.
CPN banks on countdown activities
Business, Molpasorn Shoowong, Published on 04/12/2024
» Retail and property developer Central Pattana Plc (CPN) has invested 500 million baht in its New Year countdown events across 17 malls in 16 Thai provinces.
Experts assess fallout from Move Forward Party ruling
News, Molpasorn Shoowong, Published on 01/02/2024
» The Constitutional Court ruling should not affect government stability or the tourism industry, according to Tourism Council of Thailand (TCT) president Chamnan Srisawat.
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.
Hotels upbeat despite woes
Business, Molpasorn Shoowong, Published on 22/07/2023
» Thailand's big hotel chains continue to be undaunted by the political uncertainty, with a confident outlook in place as long as the situation remains calm and violent protests and crackdowns do not emerge.
Informa optimistic on Mice outlook
Business, Molpasorn Shoowong, Published on 21/07/2023
» Business events would reap benefits from the tourism industry's positive momentum and gain new show profiles this year, with the stability of the country's political situation being a factor to watch, according to Informa Markets Thailand.
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.