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Search Result for “strong”

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BUSINESS

AirAsia still confident despite price pressures

Business, Molpasorn Shoowong, Published on 31/03/2026

» AirAsia says soaring airfares are inevitable amid the Middle East conflict and oil crisis, but it remains confident about travel demand across its network and vows to maintain affordable airfares as much as possible.

BUSINESS

Energy woes dent Songkran travel sentiment

Business, Molpasorn Shoowong, Published on 20/03/2026

» Tourism operators are increasingly concerned about declining energy confidence, fearing it could dampen their high expectations for the upcoming Songkran holiday.

BUSINESS

MJets buoyant on regional outlook

Business, Molpasorn Shoowong, Published on 13/03/2026

» Private jet operator MJets is banking on increasing demand for private jets in the region as it adds new business arms, including an investment in fixed-base operator (FBO) facilities overseas and becoming an authorised dealer for Gulfstream jets in Thailand.

BUSINESS

Hostel association targets reform and growth

Business, Molpasorn Shoowong, Published on 09/03/2026

» The Hostel and Small Accommodation Association (Thailand) has urged the new government to continue pushing for a new accommodation act for small hotels, but strongly opposes allowing condo units to be registered as legal lodging.

BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).

BUSINESS

Thai AirAsia pins growth hopes on China, long-haul markets

Business, Molpasorn Shoowong, Published on 26/02/2026

» Thai AirAsia (TAA) is targeting 6-9% year-on-year revenue growth in 2026, supported by 23.5 million passengers and an 85% load factor, assuming an optimistic tourism outlook.

BUSINESS

Minor Food mulls IPO in Hong Kong by end of 2026

Business, Molpasorn Shoowong, Published on 23/02/2026

» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).

BUSINESS

Council sees tourism as key driver of GDP

Business, Molpasorn Shoowong, Published on 17/02/2026

» The Tourism Council of Thailand (TCT) expects the tourism industry to be a major driver of GDP growth this year as flights and arrivals continue to rebound, though rising untaxed online travel agents and illegal foreign operators continue to limit the full benefits of the rebound.

BUSINESS

Chinese target Thailand for New Year travel

Business, Molpasorn Shoowong, Published on 13/02/2026

» Thailand remains a top destination for Chinese travellers during the upcoming Lunar New Year, but tourism consultants said the country should still develop new attractions and experiences to compete with emerging markets.

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.