Showing 1-10 of 37 results
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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.
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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.
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Concerts, events hold revenue promise
Business, Molpasorn Shoowong, Published on 08/04/2024
» With an ambitious target to secure 3.5 trillion baht in tourism revenue in 2025, the Pheu Thai-led government faces a tremendous challenge as revenue totalled 2.09 billion last year.
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AWC still bullish on Songkran bookings
Business, Molpasorn Shoowong, Published on 19/03/2024
» SET-listed Asset World Corp (AWC) is unfazed by the smog in Chiang Mai as it still anticipates strong bookings for hotels and restaurants next month during the Songkran festival.
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Klook sees Songkran bookings surge
Business, Molpasorn Shoowong, Published on 15/03/2024
» Foreign tourists are extending their stays in April as the government is lengthening Songkran festivities this year to 21 days, according to online travel agent Klook.
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Cortina Watch bullish on luxury watch market this year
Business, Molpasorn Shoowong, Published on 27/02/2024
» Cortina Watch, the leading retailer and distributor of luxury timepieces across Asia, is upbeat about the luxury watch market in Thailand, projecting 5-10% growth this year as it debuts its first standalone Patek Philippe Boutique in Bangkok.
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Pizza Company sees 15% sales growth
Business, Molpasorn Shoowong, Published on 23/02/2024
» Unfazed by the public's weakened purchasing power and the declining food delivery trend in the country, The Pizza Company is upbeat about achieving a 15% sales growth this year, largely thanks to its guaranteed 20-minute delivery service and strategic focus on attracting a younger customer base.
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Europeans drive up room rates in the South
Business, Molpasorn Shoowong, Published on 22/02/2024
» Longer stays from European guests helped drive room revenue in the first quarter in southern provinces, as room rates set a new record despite a small number of Chinese tourists.
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Klook sees 2m bookings for Thai packages
Business, Molpasorn Shoowong, Published on 14/02/2024
» Online travel platform Klook expects at least 2 million bookings for tourism packages in Thailand this year, doubling growth from last year, as the country remains a top destination in Asia, particularly for tourists from China and the US.
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CRC targets 9-11% revenue growth
Business, Molpasorn Shoowong, Published on 13/02/2024
» Central Retail Corporation (CRC) is targeting 9-11% revenue growth in 2024, mainly driven by improved tourism and consumption, while voicing concerns over an influx of cheap imported goods.
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