Showing 1 - 10 of 71
Low net margin hampers aviation industry
Business, Molpasorn Shoowong, Published on 05/06/2024
» DUBAI: Despite forecasts of record-high revenue of nearly US$1 trillion this year, the aviation industry is hampered by a low net margin as geopolitical and economic challenges continue to affect cost management and its net-zero target, says the International Air Transport Association (IATA).
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.
Calls to rekindle 'red car' service in Chiang Mai
Business, Molpasorn Shoowong, Published on 14/05/2024
» Chiang Mai tourism operators are urging the local government to help revive the transport service provided by the province's iconic rot daeng ("red cars") as more passengers have switched to other forms of transport.
AAGI focuses on upper-end health plans
Business, Molpasorn Shoowong, Published on 10/05/2024
» Allianz Ayudhya General Insurance (AAGI) is planning to grow contributions from health insurance to 40% from 30% within five years, banking on the post-pandemic uptick in health consciousness as displayed by rising medical expenses and new products.
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.
Rising expenses add to hotels' woes
Business, Molpasorn Shoowong, Published on 25/04/2024
» Hotel operators anticipate high expenses from power bills, food prices and labour wages as the low season arrives amid scorching temperatures.
Following Songkran binge, Pattaya hotels exhale for Wan Lai
Business, Molpasorn Shoowong, Published on 20/04/2024
» Hotels in Pattaya and nearby provinces have recorded lower occupancy rates during the "Wan Lai Songkran festival", while hoteliers noted weaknesses in the promotional strategy for the 21-day Songkran celebration.
Accor puts focus on extended-stay market
Business, Molpasorn Shoowong, Published on 18/04/2024
» Thailand can expect stronger demand from long-stay travellers as more visitors blend leisure with business trips, while Accor said the country posted the strongest performance among neighbouring countries hosting its hotels in the region last year.
Hotels chafe at targeted wage hike
Business, Molpasorn Shoowong, Published on 29/03/2024
» Hoteliers say it is unfair to apply the minimum wage hike only to the tourism industry as the recovery has been uneven among targeted destinations.
Smoking out the truth up north
Business, Molpasorn Shoowong, Published on 21/03/2024
» In the early months of recent years, residents in northern Thailand, particularly Chiang Mai, Chiang Rai and Mae Hong Son, have braced for choking PM2.5 air pollution.