Showing 1 - 10 of 13
Sena puts focus on affordable housing
Molpasorn Shoowong, Published on 29/01/2026
» SET-listed Sena Development plans to launch eight new projects this year worth 10.7 billion baht, six of which are in the affordable segment priced 1-2.5 million baht per unit, as the company wants to be the leader for affordable houses for new buyers via its rent-to-own strategy.
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.
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.
Lan Kwai Fong joins Phuket deal
Business, Molpasorn Shoowong, Published on 12/03/2025
» Robust long-stay demand in Phuket has attracted Hong Kong's Lan Kwai Fong Group to invest in a project worth 4.5 billion baht via joint ventures with a local developer, while a legal consultant suggested Thailand amend the hotel laws to permit the renting out of condo units on a daily basis.
Outcry over growth of illegal hotels
Business, Molpasorn Shoowong, Published on 25/02/2025
» Phuket and Bangkok are the tourist destinations most heavily linked to the practice of investors illegally renting out their residential units as short-term accommodation, according to the Thai Hotels Association (THA), while tourism operators want the government to consider reducing the 60-day visa-free period to eligible countries.
Banyan Tree makes a splash in Nakhon Si
Business, Molpasorn Shoowong, Published on 13/02/2025
» Real estate and tourism operators are hoping the potential of Nakhon Si Thammarat can draw tourists who prefer tranquillity over bustling beach cities, as the province welcomes its first branded residence, Banyan Tree, in Sichon.
Hostels demand new regulations for sector amid slump
Molpasorn Shoowong, Published on 20/11/2024
» Hostel operators are calling for a new accommodation regulation dedicated to them, as the Hotel Act is not feasible for small-scale businesses with a low budget, according to the Hostel Thailand Association.
Economy depresses visitor numbers at city waterpark
Business, Molpasorn Shoowong, Published on 10/09/2024
» Siam Amazing Park has admitted its new retail zone attracted fewer new tenants than expected, mainly attributed to sluggish spending in the domestic market, although the Mice (meetings, incentives, conferences and exhibitions) segment is picking up, thanks to government sector spending.
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.
Calls to rekindle 'red car' service in Chiang Mai
Business, Molpasorn Shoowong, Published on 14/05/2024
» Chiang Mai tourism operators are urging the local government to help revive the transport service provided by the province's iconic rot daeng ("red cars") as more passengers have switched to other forms of transport.