Showing 1 - 10 of 62
Onyx upbeat on prospects for Shama brand
Business, Molpasorn Shoowong, Published on 18/09/2024
» Multinational company relocation to Southeast Asia and demand for conversions to serviced apartments has driven the growth of Onyx Hospitality Group's Shama serviced apartments.
More man-made entertainment magnets in Thailand
Business, Molpasorn Shoowong, Published on 16/09/2024
» While Thailand is usually perceived as a "sea, sand and sun" destination, attracting new tourism markets by developing man-made attractions has piqued the interest of the private sector.
Hotel room rates plunge too low during low season
Business, Molpasorn Shoowong, Published on 06/09/2024
» Hotels in leisure destinations such as Phuket, Krabi and Pattaya tended to slash room rates too low during the low season when the average occupancy has sharply dropped, says hospitality market analyst STR.
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).
Hotel price hikes ruled out amid poor tourist spending
Business, Molpasorn Shoowong, Published on 18/07/2024
» Miracle Group, an operator of airport lounges and hotels, has observed tightened spending power among domestic tourists, prompting the company to rely on sales volume instead of raising prices.
Tourists leave cheap packages on the shelf
Business, Molpasorn Shoowong, Published on 09/07/2024
» Outbound tour groups from Thailand have not been enticed by cheaper packages as most current outbound travellers have high purchasing power and are looking for quality packages.
Tourism confidence low amid sluggish economy
Molpasorn Shoowong, Published on 28/06/2024
» The tourism confidence index remained below the benchmark in the second quarter, hampered by stagnant economic growth, though it improved from last year, according to the Tourism Council of Thailand (TCT).
Visa says rising costs hitting Asia-Pacific business travel
Business, Molpasorn Shoowong, Published on 26/06/2024
» Rising travel costs as well as economic and geopolitical concerns have been affecting business travel from Asia-Pacific, while companies are investing more in digitalisation to help manage their travel budget, according to Visa.
Rising costs hitting Asia-Pacific business travel
Business, Molpasorn Shoowong, Published on 26/06/2024
» Rising travel costs as well as economic and geopolitical concerns have been affecting business travel from Asia-Pacific, while companies are investing more in digitalisation to help manage their travel budget, according to Visa.
Thai tourists to continue shunning South Korea
Molpasorn Shoowong, Published on 19/06/2024
» The number of Thai tourists visiting South Korea is expected to continue declining in the second half year-on-year, after a sharp drop in the first four months attributed to strict immigration rules and a stagnant Thai economy.