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Search Result for “stable environment”

Showing 1 - 10 of 51

BUSINESS

Push for policy to lift competitiveness

Business, Molpasorn Shoowong, Published on 10/02/2026

» With the Bhumjaithai Party expected to lead the government for a full four-year term with a high degree of stability, tourism operators are urging the government to focus on long-term investment rather than short-term stimulus in order to compete with regional rivals such as Vietnam.

BUSINESS

Strong baht may crimp bookings

Business, Molpasorn Shoowong, Published on 22/01/2026

» With the baht strengthening against the US dollar, surpassing 31 to the greenback for the first time in almost five years, it should impact forward bookings for the next few months and during the low season, discouraging tourist spending.

SUSTAINABILITY

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.

BUSINESS

Phuket tourism trade jittery over instability

Business, Molpasorn Shoowong, Published on 02/09/2025

» Political instability and persistent border issues continue to impact investor sentiment, making Thailand lose its competitiveness due to delayed infrastructure development and tourism stimulus, according to Phuket tourism operators.

SUSTAINABILITY

Phuket hotels go green in hunt for gold

Business, Molpasorn Shoowong, Published on 21/07/2025

» Thai tourism is embracing sustainability as a core selling point for travellers, as the industry seeks to ensure its survival in a marketplace where such practices have become the "new normal".

BUSINESS

Unease over Japan, South Korea market

Business, Molpasorn Shoowong, Published on 18/07/2025

» Tourism operators are not confident whether arrivals from Japan and South Korea can match the same level as 2024, as negative factors such as a strong baht, rivalry with Vietnam, as well as the two countries' weak economies continue to impact spending power.

BUSINESS

Onyx preps launch of REIT worth B6.5bn

Business, Molpasorn Shoowong, Published on 11/06/2025

» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.

BUSINESS

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).

THAILAND

Phu Kradueng cable car ‘to be ready by 2027’

Molpasorn Shoowong, Published on 21/05/2025

» The Ministry of Tourism and Sports insists there will be a cable car operating at Phu Kradueng National Park by 2027 — more than four decades after it was first proposed.

BUSINESS

Tourism groups prepare proposals to offset crisis

Molpasorn Shoowong, Published on 14/05/2025

» The Federation of Thai Tourism Associations (Fetta) plans to submit a proposal to the prime minister in person this month, requesting a concrete plan to restore confidence and avoid a crisis.