Showing 1-10 of 47 results
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Michelin Guide, TAT extend their partnership through 2026
Business, Molpasorn Shoowong, Published on 06/04/2023
» The Michelin Guide Thailand has helped to generate more than 842 million baht for the tourism economy during its first five-year contract with the Tourism Authority of Thailand (TAT) starting in 2017, according to the agency.
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Arrivals set to soar amid holidays in East Asia
Business, Molpasorn Shoowong, Published on 24/04/2024
» Chinese and Japanese tourists are expected to flock to Thailand during the Labour Day holiday and Japan's Golden Week, driving arrivals to 996,000, up 29% from the corresponding period last year, according to the Tourism Authority of Thailand (TAT).
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Initiative attempts to raise festival standards
Business, Molpasorn Shoowong, Published on 15/04/2024
» Thailand's soft power committee is aiming to upgrade traditional events to become world-class festivals across all of the country's 77 provinces based on dedicated research and through festival organisation training.
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Retail sector still sensitive
Business, Molpasorn Shoowong, Published on 11/03/2024
» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.
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AWC banking on high-spending tourists
Business, Molpasorn Shoowong, Published on 01/03/2024
» SET-listed Asset World Corp (AWC) remains bullish on high-spending tourists and plans to invest in several projects valued at 36 billion baht this year.
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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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CRC unit sees tourism pacing growth
Business, Molpasorn Shoowong, Published on 17/02/2024
» Thailand's food industry should grow 2-3% in 2024, driven by inbound tourists nearing the level tallied in 2019, according to Central Food Wholesale.
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Minor uses asset-light strategy
Business, Molpasorn Shoowong, Published on 10/02/2024
» SET-listed Minor International projects its room rate to grow this year and targets 200-250 new hotels and 1,000 restaurants in three years.
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CFR upbeat on Chinese New Year spending
Business, Molpasorn Shoowong, Published on 23/01/2024
» Overall expenditure during Chinese New Year is expected to grow by at least 5-10% from the level recorded last year, driven by government incentives and promotional campaigns in the private sector, as Thais could spend up to 31% more than during the regular period, according to Central Food Retail (CFR), operator of Tops grocery stores.
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Faith travel remains evergreen
Business, Molpasorn Shoowong, Published on 22/01/2024
» In the aftermath of the pandemic, faith tourism has emerged as a trend as more people seek peace of mind and motivation.
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