Showing 1 - 10 of 33
Gloomy outlook for Michelin-listed eateries
Business, Molpasorn Shoowong, Published on 16/04/2026
» Michelin-listed restaurant operators expect a gloomy outlook for the dining business this year, hampered by sluggish spending and surging energy costs.
IHG to add nearly 40 hotels to Thai portfolio in 3-5 years
Business, Molpasorn Shoowong, Published on 21/01/2026
» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.
Tourism still a stalled engine
Business, Molpasorn Shoowong, Published on 29/12/2025
» In 2025, the Thai tourism industry faced its first contraction since the pandemic, with several setbacks consistently hampering tourist confidence.
Thailand tipped for major tourism revival
Business, Molpasorn Shoowong, Published on 24/12/2025
» The Association of Thai Travel Agents (Atta) expects 39 million foreign arrivals next year, including 9 million Chinese tourists, while announcing its readiness to help stimulate 3 billion baht via its trade show in January.
Hoteliers’ lawsuit targets minimum wage
Molpasorn Shoowong, Published on 20/08/2025
» Members of the Thai Hotels Association (THA) voted on Wednesday to file a lawsuit against the national wage committee with the Administrative Court, arguing the 400-baht nationwide daily minimum wage violates the 1998 Labour Protection Act.
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.
Supalai sees sector improvement in H2
Business, Molpasorn Shoowong, Published on 11/08/2025
» SET-listed Supalai estimates the property sector will pick up in the second half as concerns subside over US tariffs and earthquake resilience, while the company continues to maintain a diversified portfolio covering both the middle and luxury segments.
AWC’s 5-billion-baht Ritz-Carlton set to offer most expensive room rates
Molpasorn Shoowong, Published on 09/06/2025
» SET-listed Asset World Corp (AWC) has invested over 5 billion baht in developing the Ritz-Carlton Bangkok at the Lhong 1919 Riverside Heritage Destination in Bangkok, aiming to become the hotel offering the highest room rate in the city.
Illegal foreign tour guides hinder sector
Business, Molpasorn Shoowong, Published on 17/04/2025
» Illegal foreign tour guides, including Chinese and other nationalities, are still operating in major tourist destinations, surviving by paying monthly bribes to officers, according to the Professional Tourist Guides Association of Thailand.
Thai travel agents lament lost opportunities
Business, Molpasorn Shoowong, Published on 14/03/2025
» The era of more than 10 million Chinese visitors a year to Thailand has passed, given safety concerns in the segment and ineffective law enforcement, according to the Association of Thai Travel Agents (Atta).