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Search Result for “purchase”

Showing 1 - 10 of 18

SUSTAINABILITY

Phuket tourism ramps up sustainability drive

Business, Molpasorn Shoowong, Published on 24/11/2025

» The pandemic served as a catalyst for tourism operators to re-evaluate their sustainability strategies and implement new initiatives aimed at preserving natural resources and attractions, many of which showed signs of recovery due to periods of reduced tourist activity.

BUSINESS

Centre Point Group to upgrade four hotels

Business, Molpasorn Shoowong, Published on 21/02/2025

» Centre Point Group, a hospitality subsidiary of SET-listed developer Quality Houses, plans to upgrade its four hotels in Bangkok to the premium segment within three years.

BUSINESS

Getting visitors to open wallets

Business, Molpasorn Shoowong, Published on 16/12/2024

» Tourism plays a crucial role in Thailand's economy, contributing greatly to the country's GDP. In a bid to stimulate post-pandemic expenditure, the government is gearing up to attract more luxury and high-spending travellers.

PROPERTY

Sansiri banking on Standard deal to drive profit

Business, Molpasorn Shoowong, Published on 28/08/2024

» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.

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

Toshiba unit sets sales growth target at 20%

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

» Toshiba Thailand has targeted 20% growth for the entire year, with more of its product line-up shifting to middle and high-tier products to tackle sluggish spending in the mass market and respond to global economic challenges.

BUSINESS

Unwelcome rebirth of zero-dollar tours

Business, Molpasorn Shoowong, Published on 19/06/2024

» The scourge of zero-dollar tours has returned with even lower prices, targeting inbound tourists from China, Russia and India.

BUSINESS

Steps touted to thin out crowds

Business, Molpasorn Shoowong, Published on 14/06/2024

» Easing overtourism requires proper management and cooperation with local communities, according to the World Travel and Tourism Council (WTTC), which suggests Thailand disperse tourists to new destinations through infrastructure development.

PROPERTY

Travellers push up demand for rental residences

Business, Molpasorn Shoowong, Published on 05/03/2024

» Thailand can expect stronger demand for rental residences, especially from foreign expatriates or young workers who may not be able to afford to purchase a home, according to rental residence developer Homa.

BUSINESS

Operators want government to ease rule on alcohol sales

Business, Molpasorn Shoowong, Published on 20/02/2024

» The extension to the opening hours of entertainment venues and the liquor tax incentive has made less of a positive impact on tourism than expected, while operators urged the government to consider cancelling the limited hours available for the sale of alcoholic drinks.