Showing 1 - 10 of 20
Thai tourism faces B40bn revenue collapse
Business, Molpasorn Shoowong, Published on 09/03/2026
» Thailand could lose more than 40 billion baht in tourism revenue in the worst-case scenario, assuming the Middle East airspace closure lasts for eight weeks, says the Tourism and Sports Ministry.
Mideast conflict a blow to long-haul tourism
Business, Molpasorn Shoowong, Published on 05/03/2026
» As the conflict in the Middle East weighs on global travel prices and travellers’ pocketbooks, tourism operators in Thailand project arrivals from long-haul markets in 2026 will fall short of the 10.8 million seen last year.
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).
Vietjet becomes 1st low-cost Thai airline to use green fuel
Business, Molpasorn Shoowong, Published on 07/11/2025
» Vietjet Thailand has become the first low-cost Thai carrier to operate flights with a 1% blend of sustainable aviation fuel (SAF), while it awaits the delivery of more fuel-efficient Boeing 737-8 jets delayed due to the US government shutdown.
Travellers appear unfazed by Mideast airspace disruptions
Molpasorn Shoowong, Published on 24/06/2025
» Despite a possible ceasefire between Iran and Israel, disruptions to aviation in the Middle East might affect tourists’ decisions, though travel sentiment is expected to improve if tensions subside, travel industry executives said on Tuesday.
War curbing Israeli tourist arrivals to Thailand
Molpasorn Shoowong, Published on 20/06/2025
» With the ongoing Israel-Iran war, The growth of the Israeli tourist market in Thailand this year is projected to shrink due to flight disruptions and airfares.
Airlines on edge
Business, Molpasorn Shoowong, Published on 06/06/2025
» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).
Low oil prices give airlines hope for 2025
Business, Molpasorn Shoowong, Published on 31/10/2024
» Rising supply chain costs still hamper the aviation industry, even though airlines should benefit from cheaper oil prices until next year, according to the International Air Transport Association (IATA).
Reaching for the sky
Business, Molpasorn Shoowong, Published on 26/10/2024
» The aviation sector worldwide has been racing against time to reach net zero by 2050.
Low net margin hampers aviation industry
Business, Molpasorn Shoowong, Published on 05/06/2024
» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).