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Search Result for “newly crowned Asean Club champion”

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BUSINESS

Hostel association targets reform and growth

Business, Molpasorn Shoowong, Published on 09/03/2026

» The Hostel and Small Accommodation Association (Thailand) has urged the new government to continue pushing for a new accommodation act for small hotels, but strongly opposes allowing condo units to be registered as legal lodging.

BUSINESS

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).

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.

BUSINESS

Thailand works to spur Taiwanese arrivals

Business, Molpasorn Shoowong, Published on 30/09/2025

» Declining confidence among Asian travellers to Thailand has also affected the Taiwanese market this year, say travel agents.

BUSINESS

Tourism Authority of Thailand puts faith in Malaysian visitors despite forecast cut

Business, Molpasorn Shoowong, Published on 26/08/2025

» Despite the target for Malaysian tourists having been cut to 5 million this year, equivalent to the level seen in 2024, this market may reach the same number of arrivals as the Chinese as it is still unfazed by the situation along the border provinces.

BUSINESS

Thai tourism momentum weakening

Molpasorn Shoowong, Published on 14/08/2025

» Thailand’s tourism business could be slow for the remainder of the year, as the country faces more intense competition from Vietnam and South Korea, which are offering visa exemptions to more markets, say industry executives.

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

TAT forecasts record level of arrivals from India

Business, Molpasorn Shoowong, Published on 16/07/2025

» Despite the recent crash of an Air India aircraft, Indian arrivals remain robust against the sluggish short-haul markets trend, as the Tourism Authority of Thailand (TAT) anticipates a record level of 2.4 million arrivals from the market this year.

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).