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Search Result for “hotel industry earnings”

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BUSINESS

Thai Airways to almost double fuel surcharges this week

Online Reporters, Published on 28/04/2026

» Thai Airways International will raise its fuel surcharges by nearly 100% on many routes for tickets issued from May 1 onwards to cope with the soaring price of jet fuel.

BUSINESS

Finance Ministry cuts 2026 growth forecast to 1.6% due to Middle East war

Reuters, Published on 28/04/2026

» Thailand’s Ministry of Finance lowered its 2026 growth forecast to 1.6% from 2.0%, citing the impact of the war in the Middle East, and said government measures would provide some support to activity.

BUSINESS

Thai AirAsia adjusts, scraps flights as high fuel prices bite

Online Reporters, Published on 28/04/2026

» Thai AirAsia will reduce the frequency or temporarily halt flights on some routes, most notably to India, as it struggles with high jet fuel prices amid the continuing conflict in the Middle East.

BUSINESS

For the average price of a car in the US, you could buy 5 new Chinese EVs

Reuters, Published on 28/04/2026

» BEIJING - Call it ⁠a different kind of sticker shock.

BUSINESS

Refund crisis as more flights are cancelled

Business, Molpasorn Shoowong, Published on 28/04/2026

» The Thai Travel Agents Association (TTAA) is urging the government to coordinate with airlines to provide refunds covering losses for tour operators due to flight cancellations, as they have already incurred costs for hotels and transport at destinations.

BUSINESS

Car market posts growth in March

Business, Lamonphet Apisitniran, Published on 28/04/2026

» Thailand's domestic car market accelerated in March, with sales climbing 7% year-on-year to 59,865 units, driven by surging demand for electric vehicles (EVs) as consumers sought relief from rising oil prices amid Middle East tensions, according to the Federation of Thai Industries (FTI).

BUSINESS

Investors revert back to 'risk-on' mode

Business, Nuntawun Polkuamdee, Published on 28/04/2026

» Global financial markets are shifting back into a "risk-on" mode as investors increasingly look beyond geopolitical tensions and refocus on macroeconomic signals and policy direction, says Asia Plus Securities (ASPS).

BUSINESS

AI progress hobbled by structural limitations

Business, Suchit Leesa-nguansuk, Published on 28/04/2026

» Artificial intelligence (AI) is entering a new phase of accelerated adoption and capability, but the systems designed to govern, evaluate, and integrate it are struggling to keep pace.

BUSINESS

Chinese travellers flock to Central Asia as flight bookings soar 120% on pre-Covid levels

South China Morning Post, Published on 27/04/2026

» Once a niche destination, Central Asia is quickly emerging as a key market for Chinese travellers, supported by robust traffic growth, expanding air links and deeper economic ties under Beijing's Belt and Road Initiative, according to analysts.

BUSINESS

Thai banks pivot as fees are regulated

Business, Somruedi Banchongduang, Published on 27/04/2026

» Banks are preparing for a potential decline in fee-based income following the central bank's move to standardise banking fees, despite strong growth in the first quarter of this year.