Showing 1 - 10 of 17
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).
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.
New AirAsia Group set to steer 7 airlines
Business, Molpasorn Shoowong, Published on 06/11/2025
» All airlines under AirAsia will be consolidated under the new AirAsia Group by next month after the completion of Capital A's restructuring, with an aim to become the world's first low-cost carrier with an entire fleet of narrow-body aircraft.
Galaxy advises big tourism swing
Business, Molpasorn Shoowong, Published on 24/10/2025
» Thailand should set an ambitious target of 45-60 million arrivals by the period of 2030 to 2035, pushing stakeholders to cooperate and keep pace with fast-growing Asia-Pacific tourism, says Galaxy Resorts Thailand.
Galaxy Resorts calls for luxury strategy to maximise growth
Business, Molpasorn Shoowong, Published on 05/08/2025
» As Thailand has already passed its tourism peak of 40 million tourists, the country requires luxury marketing and new public-private partnership investment in luxury tourism that targets the growing number of affluent travellers from Asia-Pacific in order to maximise growth, says Galaxy Resorts Thailand.
Pilots pin hopes on regulator
Business, Molpasorn Shoowong, Published on 20/03/2025
» The Thai Pilots Association hopes the temporary permission for foreign pilots to fly domestic flights will not be extended, based on a commitment from the Civil Aviation Authority of Thailand (CAAT).
Lan Kwai Fong joins Phuket deal
Business, Molpasorn Shoowong, Published on 12/03/2025
» Robust long-stay demand in Phuket has attracted Hong Kong's Lan Kwai Fong Group to invest in a project worth 4.5 billion baht via joint ventures with a local developer, while a legal consultant suggested Thailand amend the hotel laws to permit the renting out of condo units on a daily basis.
AWC to open rooftop Nobu restaurant
Business, Molpasorn Shoowong, Published on 24/06/2024
» SET-listed Asset World Corp (AWC) is banking on high-spending customers to support its restaurant businesses in Thailand after it invested more than 600 million baht to open the rooftop Nobu Bangkok.
Index Creative points to hub status requirements
Business, Molpasorn Shoowong, Published on 05/04/2024
» To position Thailand as a regional event hub, the government needs to elevate traditional events and invest in licensed international events while developing infrastructure and offering incentives, says Index Creative Village Plc, an event organiser and marketing company.
Staying afloat in a turbulent market
Business, Molpasorn Shoowong, Published on 23/03/2024
» With tourists from around the world flocking back to Thailand, tourism operators are competing by upgrading their quality and offering unique services to capture strong demand.