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Search Result for “occupancy rates”

Showing 1 - 10 of 878

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GENERAL

Chiang Mai tourism weathers the storm

Business, Molpasorn Shoowong, Published on 25/09/2025

» Typhoon Ragasa has yet to significantly affect tourism in Chiang Mai because it is still low season, with flash floods occurring only in certain areas for a short period, and operators in the area more concerned about the strong baht steering short-haul tourists towards Vietnam.

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PROPERTY

Retail property occupancy rates set to fall below 95%

Business, Kanana Katharangsiporn, Published on 23/09/2025

» New retail property supply in 2025-26 is projected to outpace demand, pushing occupancy rates below 95% while capping rental growth at 1-2% annually, as competition among major developers intensifies and demand recovery remains sluggish.

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GENERAL

Hong Kong to welcome 1.5 million mainland Chinese visitors for National Day break

Published on 19/09/2025

» Hong Kong can expect 1.5 million mainland Chinese visitors over the National Day "golden week" break, a 10% rise from last year, a tourism industry leader has said, with the city set to offer celebratory discounts, ranging from transport to movie tickets, for the occasion.

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GENERAL

Vietnam overtakes Thailand as top travel destination for Chinese tourists

Published on 16/09/2025

» This summer, Hu Jia and her family opted to skip Thailand’s iconic beaches and ornate temples, a short flight from her home in Sichuan province. Instead, she booked a two-week trip to Vietnam amid growing Chinese concerns over Thailand’s safety.

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PROPERTY

Expat demand keeps Sukhumvit dominant in rental market

Kanana Katharangsiporn, Published on 15/09/2025

» The Sukhumvit corridor continued to dominate downtown Bangkok's rental housing market in the second quarter, with expatriate demand, particularly from the Japanese, supporting high occupancy and driving rents up despite a slight quarterly dip.

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GENERAL

Phuket targets B550bn revenue during high tourism season

Achadthaya Chuenniran, Published on 14/09/2025

» Phuket is setting an ambitious tourism revenue target of 550 billion baht for the upcoming high season, with early indicators suggesting a strong recovery approaching pre-pandemic levels in 2019.

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GENERAL

Shares advance as more US rate cuts expected

Business, Published on 13/09/2025

» RECAP: Asian share markets followed Wall Street higher on Friday as expectations for as many as three US interest rate cuts by year-end promised to lower borrowing costs globally, a relief to stressed bond markets and a drag on the dollar.

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GENERAL

Bangkok office occupancy dips below 80% amid glut

Published on 11/09/2025

» Occupancy in Bangkok’s office market fell below 80% for the first time since 2004 as an influx of new Grade A supply drew tenants from older towers, forcing landlords to cut rents, renovate or repurpose, according to the property consultancy CBRE Thailand.

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PROPERTY

Rabbit looks to return to profit amid divestment

Business, Kanana Katharangsiporn, Published on 10/09/2025

» SET-listed Rabbit Holdings, a financial services and real estate subsidiary of BTS Group Holdings, expects to return to profit by year-end as part of its divestment plan.

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GENERAL

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.