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Search Result for “ownership”

Showing 1 - 10 of 11

PROPERTY

Sena puts focus on affordable housing

Molpasorn Shoowong, Published on 29/01/2026

» SET-listed Sena Development plans to launch eight new projects this year worth 10.7 billion baht, six of which are in the affordable segment priced 1-2.5 million baht per unit, as the company wants to be the leader for affordable houses for new buyers via its rent-to-own strategy.

BUSINESS

Hilton plans 12 Thailand properties

Business, Molpasorn Shoowong, Published on 23/12/2025

» Despite headwinds and rising competition leading to a 7% arrivals contraction, global hospitality operator Hilton still perceives Thai tourism as bullish in the long run, with 12 of 66 properties in its Southeast Asia pipeline planned for Thailand.

BUSINESS

Suphajee to return to Dusit after cabinet stint

Molpasorn Shoowong, Published on 12/09/2025

» Suphajee Suthumpan, the former group chief executive of Dusit Thani Plc, is expected to return to the hotel company after completing her four-month term as commerce minister, during which she vows to open new trade markets for Thailand.

BUSINESS

Outcry over growth of illegal hotels

Business, Molpasorn Shoowong, Published on 25/02/2025

» Phuket and Bangkok are the tourist destinations most heavily linked to the practice of investors illegally renting out their residential units as short-term accommodation, according to the Thai Hotels Association (THA), while tourism operators want the government to consider reducing the 60-day visa-free period to eligible countries.

BUSINESS

Hoteliers oppose B280m package for online travel agents

Business, Molpasorn Shoowong, Published on 22/08/2024

» Thai hoteliers are opposed to the cabinet's approval of 280 million baht to support tourism packages provided by online travel agents (OTAs), fearing most of the income would flow out to foreign platforms, while local operators cannot reap benefits.

PROPERTY

More foreign ownership ‘could mean more illegal hotels’

Molpasorn Shoowong, Published on 13/08/2024

» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.

BUSINESS

Thailand promotes sustainable city exploration on foot

Business, Molpasorn Shoowong, Published on 29/07/2024

» Tourism is a service sector driven by people's proclivity to travel and their consumption habits while travelling. Strolling through a town or city to explore the local attractions and features has become a popular activity among tourists seeking to gain in-depth knowledge about local neighbourhoods.

PROPERTY

CPN eyes 20% growth for residential unit

Business, Molpasorn Shoowong, Published on 28/06/2024

» SET-listed Central Pattana (CPN) is targeting 20% annual growth for its residential property business in the coming years, while aiming for 7 billion baht in revenue in 2024 via the high-spending domestic segment in the provinces.

BUSINESS

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.

BUSINESS

Chiang Mai frets over foreign nominees

Business, Molpasorn Shoowong, Published on 22/02/2023

» Tourism operators in Chiang Mai are calling for the revision of laws and regulations to maintain fair competition and protect local businesses from Chinese merchants using Thai nominees.