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Search Result for “pipeline blast”

Showing 1 - 10 of 38

BUSINESS

Traders urged to be contrarians in the market

Business, Molpasorn Shoowong, Published on 06/02/2026

» Being in the minority and a contrarian always wins in the market, as investment is not as straightforward as operating your own business, says hospitality and real estate investor Pichai Chawla.

BUSINESS

IHG to add nearly 40 hotels to Thai portfolio in 3-5 years

Business, Molpasorn Shoowong, Published on 21/01/2026

» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.

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

Saudi tops list of 7 priority markets

Business, Molpasorn Shoowong, Published on 26/11/2025

» The Tourism and Sports Ministry is stepping up efforts to grow seven priority markets, particularly Saudi Arabia, which is showing strong growth, ahead of a planned meeting with Saudi tourism officials in the coming months.

BUSINESS

Rising aviation fees may hamper tourism

Business, Molpasorn Shoowong, Published on 20/10/2025

» Rising aviation service fees in Thailand, including airport charges and the proposed 300-baht tourism tax, could potentially hinder airlines already posting thin profit margins, derailing efforts to restore tourism to pre-pandemic levels, according to the International Air Transport Association (IATA).

BUSINESS

Regaining a lucrative tourism market

Business, Molpasorn Shoowong, Published on 06/09/2025

» According to China Trading Desk, Chinese outbound tourists are estimated to reach 155 million this year, a full resumption compared with pre-pandemic levels.

BUSINESS

Tourism subsidy starts to make an impression

Molpasorn Shoowong, Published on 30/08/2025

» The 750-million-baht subsidy programme for chartered flights, commercial flights, and incentive groups has started to generate positive momentum, as some agents are set to begin their operations for China’s Golden Week holiday period in October.

BUSINESS

Impact of tariff hikes on tourism likely to unfold next year

Business, Molpasorn Shoowong, Published on 10/07/2025

» Tourism operators view the US's tariff policy as indirectly hampering Thai tourism in the form of reduced spending, but this impact is not expected to unfold until next year, as many tourists have already booked trips for the upcoming high season.

BUSINESS

Short-haul bookings remain weak

Business, Molpasorn Shoowong, Published on 09/07/2025

» Airlines report forward bookings for short-haul markets for the remainder of this year are weak, in contrast to the long-haul segment, while some carriers expressed interest in joining the Tourism Authority of Thailand's (TAT) stimulus campaign.

BUSINESS

Onyx preps launch of REIT worth B6.5bn

Business, Molpasorn Shoowong, Published on 11/06/2025

» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.