Showing 21 - 30 of 434
Hoteliers oppose B280m package for online travel agents
Business, Molpasorn Shoowong, Published on 22/08/2024
» Thai hoteliers are opposed to the cabinet's approval of 280 million baht to support tourism packages provided by online travel agents (OTAs), fearing most of the income would flow out to foreign platforms, while local operators cannot reap benefits.
Hilton to expand in SE Asia
Business, Molpasorn Shoowong, Published on 21/08/2024
» Thailand and Vietnam are crucial destinations for Hilton hotels in Southeast Asia, as the company plans to double its size in the region over five years based on robust tourism and growing economies.
Thai Vietjet eyes 8m passengers in 2024
Business, Molpasorn Shoowong, Published on 19/08/2024
» Thai Vietjet targets nearly 8 million passengers this year as it improves its aircraft utilisation rate and adds flights to existing routes, with a plan to import new Boeing 737 Max jets on tap for next year.
Neo Corporate eyes premium, export markets
Business, Molpasorn Shoowong, Published on 17/08/2024
» SET-listed Neo Corporate plans to focus on the premium market and exports for double-digit growth annually over the next five years, after registering revenue growth that beat the market average in all three categories of fast-moving consumer goods (FMCG) last year.
Thai Lion Air beefs up fleet, adds routes
Business, Molpasorn Shoowong, Published on 16/08/2024
» Thai Lion Air is ramping up its fleet and returning to its routes as tourism demand grows, targeting 6-7 million passengers and a profit for the first time post-pandemic.
Pruksa slashes value of new developments by B2bn
Molpasorn Shoowong, Published on 16/08/2024
» SET-listed developer Pruksa Holding downgraded the value of its annual new projects to 27 billion baht, from 29 billion baht, as the sluggish economy mutes purchases at its townhouse projects.
More foreign ownership ‘could mean more illegal hotels’
Molpasorn Shoowong, Published on 13/08/2024
» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.
Revenue gain of 25% sought
Business, Molpasorn Shoowong, Published on 13/08/2024
» Tourism revenue for the second half is forecast at 1.46 trillion baht, putting total annual income at 2.8 trillion baht, 25% growth from last year, according to the Tourism Authority of Thailand (TAT).
Olympians to star in tourism campaigns
Molpasorn Shoowong, Published on 09/08/2024
» All Thai athletes competing in the Paris 2024 Olympic Games, including the medallists, will become sports tourism ambassadors to showcase their hometowns, both in key and second-tier provinces.
Toshiba unit sets sales growth target at 20%
Business, Molpasorn Shoowong, Published on 08/08/2024
» Toshiba Thailand has targeted 20% growth for the entire year, with more of its product line-up shifting to middle and high-tier products to tackle sluggish spending in the mass market and respond to global economic challenges.