Showing 1 - 6 of 6
Gloomy outlook for Michelin-listed eateries
Business, Molpasorn Shoowong, Published on 16/04/2026
» Michelin-listed restaurant operators expect a gloomy outlook for the dining business this year, hampered by sluggish spending and surging energy costs.
Stronger baht hurts travel
Business, Molpasorn Shoowong, Published on 01/04/2026
» The tourism sector could lose 15-17% of revenue if the baht strengthens beyond 30 per US dollar, according to a former governor of the Tourism Authority of Thailand (TAT).
Energy woes dent Songkran travel sentiment
Business, Molpasorn Shoowong, Published on 20/03/2026
» Tourism operators are increasingly concerned about declining energy confidence, fearing it could dampen their high expectations for the upcoming Songkran holiday.
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).
Tourism slump hurts Bangkok restaurants
Molpasorn Shoowong, Published on 27/05/2025
» Weak domestic spending and sluggish foreign tourism, particularly from the Chinese market, have caused restaurant revenue on Bangkok’s popular Banthat Thong Road to dip by 40-50%, according to the Bantadthong Association.
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).