Showing 1 - 10 of 41
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.
Regaining a lucrative tourism market
Business, Molpasorn Shoowong, Published on 06/09/2025
» According to China Trading Desk, Chinese outbound tourists are estimated to reach 155 million this year, a full resumption compared with pre-pandemic levels.
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.
Travellers get cold feet over skirmishes
Business, Molpasorn Shoowong, Published on 30/07/2025
» Despite the long holiday, operators in Chanthaburi and Nakhon Ratchasima reported a surge of room cancellations as tourists were concerned about the border dispute, including fears over Cambodia's PHL-03 rocket launcher, which has a range of up to 130 kilometres from the border.
Chinese travel agents call for clarity
Business, Molpasorn Shoowong, Published on 26/07/2025
» Chinese travel agents have already quizzed Thai tour operators about the clashes along the Thai-Cambodian border over concerns the situation may impact their clients' travel plans, says the Association of Thai Travel Agents (Atta), while Thai AirAsia has observed a surge in Thai passengers on its flights serving Cambodian cities.
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.
Call for major upgrades to Thai tourism sector
Business, Molpasorn Shoowong, Published on 03/06/2025
» The Tourism Council of Thailand (TCT) will this week submit a letter to Prime Minister Paetongtarn Shinawatra, requesting improvements to the tourism industry in order to compete at the global level.