Showing 1 - 10 of 32
Stagnant tourism hits Onyx revenue
Business, Molpasorn Shoowong, Published on 28/11/2025
» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.
Thailand works to spur Taiwanese arrivals
Business, Molpasorn Shoowong, Published on 30/09/2025
» Declining confidence among Asian travellers to Thailand has also affected the Taiwanese market this year, say travel agents.
Dusit appeals to families
Molpasorn Shoowong, Published on 23/08/2025
» Dusit Estate, the property development arm of SET-listed Dusit Thani, is keen to expand its new residential brand Dusit Ajara, catering to multi-generational living trends in Thailand and throughout Asia.
Airlines on edge
Business, Molpasorn Shoowong, Published on 06/06/2025
» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).
Domestic meetings getting more attention
Business, Molpasorn Shoowong, Published on 24/05/2025
» More Thai companies are opting for domestic meetings instead of travelling abroad due to economic uncertainty this year, helping to propel domestic Mice (meetings, incentives, conventions and exhibitions) revenue to 86 billion baht from 26 million travellers this year, according to the Thailand Convention and Exhibition Bureau (TCEB).
Phuket unfazed by weak Chinese market
Business, Molpasorn Shoowong, Published on 13/05/2025
» The sluggish Chinese market should have a short-term impact on Phuket as well as Thailand, as the island can attract other foreign arrivals and long-stay markets, according to Lan Kwai Fong Group, an operator of residential projects in the province.
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.
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.
Dusit invests in multigeneration condo
Business, Molpasorn Shoowong, Published on 17/01/2025
» Dusit International is expanding to real estate with an investment in a new multigeneration condo in Hua Hin, while targeting at least 15 new contracts for hotel management, including in Europe.
South Korea eases red tape
Business, Molpasorn Shoowong, Published on 10/12/2024
» South Korea is seeking to loosen arrival measures for Thai tourists following negative sentiment over the strict immigration system and strong regional competition to draw visitors, says the Korea Tourism Organization (KTO).