Showing 1 - 10 of 23
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.
Chiang Mai tourism weathers the storm
Business, Molpasorn Shoowong, Published on 25/09/2025
» Typhoon Ragasa has yet to significantly affect tourism in Chiang Mai because it is still low season, with flash floods occurring only in certain areas for a short period, and operators in the area more concerned about the strong baht steering short-haul tourists towards Vietnam.
Galaxy Resorts calls for luxury strategy to maximise growth
Business, Molpasorn Shoowong, Published on 05/08/2025
» As Thailand has already passed its tourism peak of 40 million tourists, the country requires luxury marketing and new public-private partnership investment in luxury tourism that targets the growing number of affluent travellers from Asia-Pacific in order to maximise growth, says Galaxy Resorts Thailand.
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.
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.
Amadeus still optimistic regarding travel prospects
Business, Molpasorn Shoowong, Published on 09/06/2025
» Amadeus, a travel technology company and global distribution system provider, remains bullish on tourism in Thailand and Asia-Pacific, despite the trade war and tariff spats.
StarDream gives nation home port status
Business, Molpasorn Shoowong, Published on 24/04/2025
» Asian cruise line operator StarDream Cruises is banking on Thailand as a luxury cruise hub driven by local and inbound demand, remaining optimistic about tourism growth, particularly in the mid- to upper-tier segments, which have been unaffected by the ongoing global economic challenges.
Earthquake hits Chiang Mai's room rates during Songkran
Business, Molpasorn Shoowong, Published on 18/04/2025
» Despite a robust performance during the Songkran holiday, hotels in Chiang Mai offered lower room rates than last year in a bid to draw last-minute domestic travellers, whose confidence was still shaken by last month's earthquake.
Upheaval leads to slower bookings, cancellation queries
Business, Molpasorn Shoowong, Published on 01/04/2025
» Friday's earthquake has struck the Thai tourism industry, leading to slow bookings for the upcoming Songkran holiday, while airlines have started receiving inquiries for refunds and cancellations.
Northern Thailand tourism operators say Clean Air Act essential
Business, Molpasorn Shoowong, Published on 07/03/2025
» Tourism operators in the North urged the government to accelerate issuing the Clean Air Act, as thick smog from neighbouring countries already caused an airline to halt its operations.