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Search Result for “shift”

Showing 1 - 10 of 18

BUSINESS

Pattaya banking on Chinese New Year boost

Business, Molpasorn Shoowong, Published on 11/02/2026

» With Chinese New Year approaching next week, Pattaya tourism operators expect similar conditions as last year, though Chiang Mai predicts a surge from Chinese‑speaking markets.

BUSINESS

War room touted amid Vietnam rivalry

Business, Molpasorn Shoowong, Published on 20/01/2026

» Thai hotel operators warn that competition with Vietnam will become fiercer this year, as more European and Russian tourists are expected to flock to the neighbouring country.

BUSINESS

Thai tourism momentum weakening

Molpasorn Shoowong, Published on 14/08/2025

» Thailand’s tourism business could be slow for the remainder of the year, as the country faces more intense competition from Vietnam and South Korea, which are offering visa exemptions to more markets, say industry executives.

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

Tourism officials wary of Vietnam

Business, Molpasorn Shoowong, Published on 06/05/2025

» Tourism operators fear Thailand will lose its position as the top Southeast Asian destination to Vietnam in a few years as the latter reported nearly 50% inbound market growth in March compared with the pre-pandemic period, while Thailand struggles with sluggish growth.

BUSINESS

Privilege Card eager to shift from dependence on Chinese

Business, Molpasorn Shoowong, Published on 23/01/2025

» Concerns over foreign scams and human trafficking networks have not affected long-stay tourists, including the Chinese market, according to Thailand Privilege Card Co (TPC), the operator of a long-term residency and perks programme.

BUSINESS

Tourism Authority of Thailand targets B3tn amid shift to rising markets

Business, Molpasorn Shoowong, Published on 22/01/2025

» The Tourism Authority of Thailand (TAT) is targeting 3 trillion baht in tourism revenue this year, while diversifying to address risk, shifting focus to rising markets such as Southeast Asia, India and Russia.

PROPERTY

Boom anticipated for top Phuket projects

Business, Molpasorn Shoowong, Published on 01/11/2024

» Grade A residential projects in Phuket are valued at 337 billion baht and are expected to grow by 10-20% annually over five years, driven by demand from affluent buyers globally, according to C9 Hotelworks, a hospitality consultancy.

BUSINESS

Tourism Authority of Thailand upbeat on Golden Week

Business, Molpasorn Shoowong, Published on 01/10/2024

» Thailand is expecting up to 183,000 Chinese visitors during this year's Golden Week holiday, representing an 88% recovery from 2019, generating 5.1 billion baht revenue, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Pattaya tourism operators seek to shed sordid image

Business, Molpasorn Shoowong, Published on 05/08/2024

» Pattaya tourism operators submitted a tourism development proposal to the tourism minister, aiming to shift its image to family oriented-tourism and remove its associations with sex tourism and illegal gambling.