Showing 1-10 of 32 results
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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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KCG seeks at least 10% revenue growth in 2024
Business, Molpasorn Shoowong, Published on 23/03/2024
» KCG Corporation, the manufacturer, importer and distributor of dairy and bakery products, is targeting at least 10% revenue growth this year.
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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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Thai hotel investments accelerate
Molpasorn Shoowong, Published on 16/01/2024
» Hotel investment in Thailand is ramping up at the same rate as prior to the pandemic, driven by more hotel conversions and an increase in lending among banks, based on an optimistic tourism industry, according to hospitality consultant C9 Hotelworks.
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Laos railway a boon for overland travel
Business, Molpasorn Shoowong, Published on 30/11/2023
» The number of Chinese crossing to Thailand overland is expected to exceed 300,000 next year thanks to the China-Laos railway that should increase the tally, according to the Tourism Authority of Thailand (TAT).
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Operators downbeat on digital wallet
Business, Molpasorn Shoowong, Published on 15/11/2023
» The 10,000-baht digital wallet scheme is unlikely to benefit the tourism sector and some tourism operators are concerned about economic consequences that could discourage domestic travel.
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Krabi tourism struggles with flight shortage
Business, Molpasorn Shoowong, Published on 16/11/2023
» Luxury tourists are travelling less but spending more money, while Krabi tourism is struggling with a shortage of international flights, particularly from China, according to Pimalai Resort and Spa, a hotelier operating on Koh Lanta.
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Frugal travel spending set to continue
Business, Molpasorn Shoowong, Published on 10/11/2023
» Travellers would become more price-sensitive in an unstable global economy, while the majority of Thais are worried about higher living costs and tended to spend less on travel, according to online travel agent Booking.com.
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Travel demand steady as costs rise
Business, Molpasorn Shoowong, Published on 21/10/2023
» With the holiday season approaching, travel packages for both domestic and outbound trips remain steady amid high living costs and economic pressure.
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Workers to get New Year wage hike
Business, Molpasorn Shoowong, Published on 29/09/2023
» Labour Minister Phiphat Ratchakitprakarn has pledged to raise the minimum wage to an appropriate level next year, but the benchmark of 400 baht per day would not be applied to all sectors as some, such as tourism, already surpass that threshold.
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