Showing 1 - 10 of 19
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 bodies call for additional measures
Business, Molpasorn Shoowong, Published on 01/11/2025
» With only 32 million foreign tourist arrivals projected for this year, the Association of Thai Travel Agents (Atta) is urging the government to offer more flight promotions, while the Thailand Convention and Exhibition Bureau (TCEB) plans to request "Quick Win" stimulus measures such as tax incentives for organisers of meetings, incentives, conventions and exhibitions (Mice) events.
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.
Airbus sees region as biofuel for aircraft hub
Business, Molpasorn Shoowong, Published on 14/05/2025
» Airbus is banking on Southeast Asia becoming the world's top producer of sustainable aviation fuel (SAF), while the Civil Aviation Authority of Thailand (CAAT) plans to mandate 1% SAF usage for European routes starting in the fourth quarter.
Southern hotels boom amid tourist influx
Business, Molpasorn Shoowong, Published on 31/01/2025
» Robust tourism should help hotels in the South enjoy surging room rates and service charges for both high and low seasons, as many five-star beach resorts have already announced a new round of service charges, with the highest rate reaching 92,924 baht in January.
Hotels insist on government action to address PM2.5
Business, Molpasorn Shoowong, Published on 29/01/2025
» Hotel operators are urging the government to work with the entire supply chain to solve the smog issue before it severely hampers tourism, while hostels cry foul over the high cost burden of having clean air for guests.
Digital transformation to help drive growth in premiums
Business, Molpasorn Shoowong, Published on 28/01/2025
» The digital transformation of non-life insurance could drive Thailand's premium growth by at least 2.5 times to reach 734 billion baht and boost the industry's penetration rate to the same level as South Korea, one of the world's leading insurance markets, says SET-listed Dhipaya Group Holdings.
Thailand's tourism authority banking on 4 niche markets in 2025
Business, Molpasorn Shoowong, Published on 11/12/2024
» The Tourism Authority of Thailand (TAT) has targeted four niche markets for next year: wellness, luxury experience, sports tourism and honeymoons.
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.
Visa says rising costs hitting Asia-Pacific business travel
Business, Molpasorn Shoowong, Published on 26/06/2024
» Rising travel costs as well as economic and geopolitical concerns have been affecting business travel from Asia-Pacific, while companies are investing more in digitalisation to help manage their travel budget, according to Visa.