Showing 1 - 10 of 22
Origin ramps up non-residential push
Business, Molpasorn Shoowong, Published on 21/02/2026
» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.
N.C. Housing slashes projects amid weak demand
Business, Molpasorn Shoowong, Published on 19/02/2026
» SET-listed developer N.C. Housing plans to launch only two projects worth a combined 2 billion baht this year, lower than in previous years, as it remains cautious because of weak consumer purchasing power.
Flood recovery lag weighs on Hat Yai
Business, Molpasorn Shoowong, Published on 05/02/2026
» While most hotels in Hat Yai have already resumed operations, insufficient flood relief has resulted in only 30% of shops and restaurants reopening, leading to a weak outlook for tourism revenue during the Chinese New Year, according to the Hat Yai Songkhla Hotels Association.
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.
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.
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.
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.
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.
Supalai bullish despite tricky conditions
Business, Molpasorn Shoowong, Published on 30/01/2025
» The real estate sector might record the lowest number of new residential projects launched in 15 years in 2025, attributed to a sluggish economy, high household debt and an elevated loan rejection rate, according to SET-listed developer Supalai.
CPN banks on countdown activities
Business, Molpasorn Shoowong, Published on 04/12/2024
» Retail and property developer Central Pattana Plc (CPN) has invested 500 million baht in its New Year countdown events across 17 malls in 16 Thai provinces.