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Search Result for “wealth share”

Showing 1 - 10 of 65

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

Airlines target China tourist surge amid Japan tensions

Business, Molpasorn Shoowong, Published on 18/11/2025

» Although the airline sector has been suffering from sluggish tourism and a declining number of Chinese arrivals since the beginning of the year, Thailand should still have a robust high season during the fourth quarter, as well as opportunities for more Chinese demand, following China's warning to its citizens to not visit Japan.

BUSINESS

Strong baht a high-season challenge

Molpasorn Shoowong, Published on 09/09/2025

» The appreciation of the baht to a four-year high could affect inbound tourism during the upcoming high season, although attractive room rates and cheaper international flights should still help attract visitors to Thailand.

BUSINESS

Strong fourth-quarter outlook for THAI

Business, Molpasorn Shoowong, Published on 04/09/2025

» The fourth-quarter outlook for Thai Airways (THAI) remains strong, with a load factor of more than 80% driven by both foreign demand and Thai tourists opting for Asian countries, as China and Japan have remained popular destinations all year.

BUSINESS

Vietjet Thailand bullish on prospects for expansion

Business, Molpasorn Shoowong, Published on 29/08/2025

» With the largest fleet expansion among low-cost carriers operating in Thailand, Vietjet Thailand is ready to challenge its competitors by opening new routes to popular destinations, targeting 6.7 million passengers and 15 billion baht in revenue this year, resembling the rates recorded last year.

PROPERTY

Bangkok Land eyes major new stadium

Molpasorn Shoowong, Published on 07/08/2025

» SET-listed Bangkok Land is planning a new 45,000-seat stadium costing up to 10 billion baht on a scale similar to Rajamangala National Stadium, located at the Thunder Dome site and the adjacent football stadium in Muang Thong Thani, viewing a five-year development plan.

BUSINESS

PCL says business owners keen on hospitality investment

Business, Molpasorn Shoowong, Published on 06/08/2025

» More real estate business and other business owners are diversifying their portfolio to hospitality investment, hoping to generate recurring income from the growing tourism industry, says PCL Hospitality, a hospitality consultancy and management company.

BUSINESS

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.

BUSINESS

Tourism confidence dives

Business, Molpasorn Shoowong, Published on 25/07/2025

» The tourism confidence index in the second quarter plunged year-on-year, as tourism contracted since the beginning of the year due to safety concerns and cautious tourism spending following the US's decision to implement a reciprocal tariff policy, according to the Tourism Council of Thailand (TCT).

BUSINESS

Race to enroll illegal hotels in system

Business, Molpasorn Shoowong, Published on 14/07/2025

» Phuket's latest "field hospital" measure is expected to attract 20-50 illegal hotels to register in the system before a ministerial regulation expires next month, according to the Phuket Boutique Accommodation Consortium.