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Search Result for “purpose collection”

Showing 1 - 10 of 39

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

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.

BUSINESS

Phuket encouraged to seek special administrative status

Business, Molpasorn Shoowong, Published on 03/09/2025

» With the new Phuket governor scheduled to take over next month, the current governor is pushing for his successor to continue to support the proposal to make the island a special administrative zone with an annual budget of more than 10 billion baht.

BUSINESS

PCL says business owners keen on hospitality investment

Business, Molpasorn Shoowong, Published on 06/08/2025

» More real estate business and other business owners are diversifying their portfolio to hospitality investment, hoping to generate recurring income from the growing tourism industry, says PCL Hospitality, a hospitality consultancy and management company.

BUSINESS

Panel calls for new tourism investment

Business, Molpasorn Shoowong, Published on 17/07/2025

» Thai tourism should not underestimate rivals in the region, notably Vietnam, which are investing heavily in tourism infrastructure such as high-speed rail as well as new attractions and hotels, said the subcommittee of the National Soft Power Strategy Committee.

BUSINESS

Tourism body estimates revenue to miss B3tn target

Molpasorn Shoowong, Published on 14/07/2025

» The Tourism Authority of Thailand (TAT) estimates that tourism revenue this year will reach 2.87 trillion baht, a shortfall from the 3-trillion-baht target due to the sluggish Chinese market and global uncertainties, but it still anticipates 7% growth to 3 trillion baht in 2026.

BUSINESS

Race to enroll illegal hotels in system

Business, Molpasorn Shoowong, Published on 14/07/2025

» Phuket's latest "field hospital" measure is expected to attract 20-50 illegal hotels to register in the system before a ministerial regulation expires next month, according to the Phuket Boutique Accommodation Consortium.

BUSINESS

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.

PROPERTY

Illegal condo rentals continue in Bangkok

Molpasorn Shoowong, Published on 29/04/2025

» Despite authorities' efforts to crack down on illegal daily rentals in condos, major tourism cities are continuing to see the practice persist, including a condo building in Bangkok's Sukhumvit 11 developed by a SET-listed company which has avoided an investigation by just changing its name.

BUSINESS

Centara to invest B15bn in hotels

Business, Molpasorn Shoowong, Published on 01/03/2025

» Centara Hotels & Resorts (CHR) plans to invest 15 billion baht in hotels over the next three years, while targeting revenue of 15.5 billion baht in 2025.