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Showing 1 - 10 of 21

BUSINESS

Ministry to push forward steps to stimulate tourism

Business, Molpasorn Shoowong, Published on 13/12/2025

» The Tourism and Sports Ministry still plans to push forward two tourism stimulus measures and leave it to the caretaker administration to decide whether to continue them, while the private sector is more concerned with restoring flood-affected communities and maintaining peace along the Thai-Cambodian border.

PROPERTY

Bangkok Land eyes major new stadium

Molpasorn Shoowong, Published on 07/08/2025

» SET-listed Bangkok Land is planning a new 45,000-seat stadium costing up to 10 billion baht on a scale similar to Rajamangala National Stadium, located at the Thunder Dome site and the adjacent football stadium in Muang Thong Thani, viewing a five-year development plan.

BUSINESS

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.

BUSINESS

Association seeks ways to boost Mice arrivals

Business, Molpasorn Shoowong, Published on 10/06/2025

» The number of international travellers in the meetings, incentives, conventions and exhibitions (Mice) segment this year is expected to contract from last year, due to US trade and tariff policies and an unsafe image of Thailand, according to the Thailand Incentive and Convention Association (Tica).

BUSINESS

Minor eyes huge hotel portfolio growth

Business, Molpasorn Shoowong, Published on 18/02/2025

» SET-listed Minor International is targeting capital expenditure of 10-12 billion baht a year to reach its goal of 1,000 hotels and 4,500 restaurants by 2029, while banking on a boost to Thai growth thanks to the filming of The White Lotus at its four resorts.

BUSINESS

Minister touts registration system

Business, Molpasorn Shoowong, Published on 05/02/2025

» Attracting unregistered hotel operators into the registration system could realise significant hidden tourism revenue, potentially lifting the total revenue tally to 3.5 trillion baht if successful, says the Tourism and Sports Ministry.

BUSINESS

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.

BUSINESS

Iconic hotel seeks new investor

Business, Molpasorn Shoowong, Published on 15/01/2025

» Royal Orchid Sheraton Riverside Hotel is looking for a new investor, while Marriott International, which managed the hotel, is expanding in the region with the focus being on management and franchise contracts.

BUSINESS

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.

BUSINESS

10m tourist arrivals sought in final quarter to reach target

Business, Molpasorn Shoowong, Published on 08/10/2024

» The fourth quarter will require at least 10.1 million foreign tourist arrivals, or a 25% year-on-year increase, in order to reach the 36.7 million tourists targeted for 2024, according to the Tourism Authority of Thailand (TAT).