Showing 1 - 10 of 83
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).
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).
Origin ramps up non-residential push
Business, Molpasorn Shoowong, Published on 21/02/2026
» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.
Illegal group tours face Thai government crackdown
Molpasorn Shoowong, Published on 30/01/2026
» Illegal tours targeting foreign markets are spreading rapidly in Thailand, prompting the Tourism Department to prepare for more inspections of tour companies this year.
Stagnant tourism hits Onyx revenue
Business, Molpasorn Shoowong, Published on 28/11/2025
» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.
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.
Supply chain disruption hampering carriers
Business, Molpasorn Shoowong, Published on 11/11/2025
» Supply chain disruption has caused aircraft delivery delays, hampering airline fleet strategy and leading a carrier to cease operations in the case of AirJapan.
New AirAsia Group set to steer 7 airlines
Business, Molpasorn Shoowong, Published on 06/11/2025
» All airlines under AirAsia will be consolidated under the new AirAsia Group by next month after the completion of Capital A's restructuring, with an aim to become the world's first low-cost carrier with an entire fleet of narrow-body aircraft.
Phu Kradueng cable car project on track
Business, Molpasorn Shoowong, Published on 09/10/2025
» Despite the change in government, the Phu Kradueng cable car project is expected to proceed as scheduled and be completed by late 2027 or early 2028, as construction design firms have already been contracted, according to the Designated Areas for Sustainable Tourism Administration (Dasta).
Thai AirAsia X outlines plans
Business, Molpasorn Shoowong, Published on 18/09/2025
» Thai AirAsia X expects to exit debt rehabilitation by mid-2026, then increase capital by 1 billion baht next year while opening three new routes and planning flights to Europe.