Showing 1-10 of 26 results
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Call for more low-cost airports
Business, Molpasorn Shoowong, Published on 19/09/2023
» The Thai government should consider developing a low-cost dedicated airport or terminal, especially for the two new airports in Chiang Mai and Phuket, to accelerate tourism growth, according to Tony Fernandes, the co-founder of AirAsia.
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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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Tourism puts its faith in Pheu Thai
Business, Molpasorn Shoowong, Published on 09/08/2023
» Tourism operators are hopeful a government can be formed by Pheu Thai as the party has a track record of governing, with the sector eager for state measures to continue effective tourism policies and eliminate ongoing obstacles.
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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.
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Songkran expected to provide revenue kick-start in Q2
Business, Molpasorn Shoowong, Published on 11/04/2024
» Although the second quarter is considered the low season, Thai tourism is forecast to earn 614 billion baht in revenue as domestic trips exceed the first-quarter tally thanks to Songkran events this month, according to the Tourism Authority of Thailand (TAT).
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Airline price war unlikely amid high operational costs
Business, Molpasorn Shoowong, Published on 16/09/2023
» Airlines in Thailand are not expected to start another price war in the near future, while the Civil Aviation Authority of Thailand (CAAT) plans to maintain ceiling ticket prices despite higher operational costs.
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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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Airlines contend high fares are justified
Business, Molpasorn Shoowong, Published on 09/03/2024
» As consumers cry foul over expensive domestic airfares, Thai AirAsia says ceiling prices should not be slashed as airlines have carried a higher cost burden since the pandemic.
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Travellers push up demand for rental residences
Business, Molpasorn Shoowong, Published on 05/03/2024
» Thailand can expect stronger demand for rental residences, especially from foreign expatriates or young workers who may not be able to afford to purchase a home, according to rental residence developer Homa.
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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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