Showing 1 - 10 of 167
Operators vie with inflation, high interest rates
Business, Molpasorn Shoowong, Published on 27/05/2024
» Despite an upbeat projection for the Thai tourism industry, some businesses are struggling with high inflation and elevated interest rates, which require government action to remedy, according to Onyx Hospitality Group.
MJets aims to serve region within 2 years
Business, Molpasorn Shoowong, Published on 24/05/2024
» Operators of private jet services have posted robust growth based on consistent demand from wealthy individuals and private companies in Asia, prompting MJets, a private jet operator in Thailand, to plan an expansion covering all Southeast Asian countries by 2026.
Asia-Pacific bookings stable
Business, Molpasorn Shoowong, Published on 07/05/2024
» Despite an easing in travel demand, Asia-Pacific is expected to continue to see growth in bookings as we start to see stability in the global market, according to online travel agent Booking.com.
Thais skimp on dining during trips
Business, Molpasorn Shoowong, Published on 01/05/2024
» Outbound travellers are saving on dining, spending a lot more on shopping and luxury products during their trips, with Japan and China the top destinations during the Songkran holiday, according to YouTrip, a multi-currency digital wallet.
High hopes for new tourism minister
Business, Molpasorn Shoowong, Published on 30/04/2024
» Now the new cabinet line-up has been settled, tourism operators are calling for greater unity between each ministry and related authorities to continue with the plan of making Thailand a tourism and aviation hub.
Younger Asian tourists opt for cheaper regional holidays
Business, Molpasorn Shoowong, Published on 26/04/2024
» With travel costs soaring, more tourists from Asia-Pacific are opting for intra-regional trips, particularly Gen Z and millennials, as a majority of younger adults want to save up for trips, according to Marriott International.
Arrivals set to soar amid holidays in East Asia
Business, Molpasorn Shoowong, Published on 24/04/2024
» Chinese and Japanese tourists are expected to flock to Thailand during the Labour Day holiday and Japan's Golden Week, driving arrivals to 996,000, up 29% from the corresponding period last year, according to the Tourism Authority of Thailand (TAT).
Operators unfazed by Mideast situation
Business, Molpasorn Shoowong, Published on 19/04/2024
» Tourism operators view the Israel-Iran conflict and Dubai floods as having a short-term impact on long-haul arrivals, while outbound tourists remain hesitant about visiting the region amid the ongoing conflict.
Aviation bodies see recovery in passenger figures by 2025
Business, Molpasorn Shoowong, Published on 18/04/2024
» Aviation bodies project Thailand's passenger numbers to recover by next year, though economic uncertainties and the slow rebound of some supply chains still hamper the industry.
Confidence index underwhelms in first quarter
Business, Molpasorn Shoowong, Published on 12/04/2024
» The tourism confidence index for the first quarter is lower than normal, according to the Tourism Council of Thailand (TCT), attributed to lower revenue for tourism operators and deflation risks.