Showing 1-10 of 18 results
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Confidence index underwhelms in first quarter
Business, Molpasorn Shoowong, Published on 12/04/2024
» The tourism confidence index for the first quarter is lower than normal, according to the Tourism Council of Thailand (TCT), attributed to lower revenue for tourism operators and deflation risks.
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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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Safety rattles Chinese
Business, Molpasorn Shoowong, Published on 15/12/2023
» Tourism operators in China say safety remains the major concern for Thailand tour packages, predicting trips here might reach the pre-pandemic level by 2025.
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Business travel on road to recovery
Business, Molpasorn Shoowong, Published on 25/10/2023
» The business travel segment is expected to recover with 23.2 million travellers in fiscal year 2024, but it won't reach 2019's level until 2025 or 2026 due to global economic uncertainty, according to the Thailand Convention and Exhibition Bureau (TCEB).
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AWC posts solid bookings, room rates
Business, Molpasorn Shoowong, Published on 12/10/2023
» SET-listed Asset World Corp (AWC) reported solid bookings and the best daily room and occupancy rates since listing on the stock market, while the Tourism Authority of Thailand (TAT) expects at least 4 million Chinese arrivals this year.
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Green tourism on the rise
Life, Molpasorn Shoowong, Published on 11/10/2023
» Crowded streets, bustling nightlife, and vibrant beach parties: this high season is shaping up well for Thailand, experiencing a surge in international tourists after a three-year hiatus due to the Covid-19 pandemic. Rather than depending heavily on sheer tourist numbers, the pandemic has taught us the importance of slowing down, exploring natural destinations, and allowing environments to recover from reduced capacity, waste, and environmental footprint.
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Warning over new hotel regulations
Business, Molpasorn Shoowong, Published on 05/09/2023
» New ministerial regulations allowing places of accommodation with no more than eight rooms and 30 guests to be excluded from the hotel business would lead to a 15-20% loss of tourism revenue and an increase in safety risks, according to the Thai Hotels Association (THA).
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Cathay Pacific banks on Southeast Asia
Business, Molpasorn Shoowong, Published on 01/08/2023
» Cathay Pacific is optimistic about growth in Southeast Asia, particularly with regard to Bangkok -- one of its best performing routes.
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TAT upbeat on obtaining full budget in 2024
Business, Molpasorn Shoowong, Published on 12/07/2023
» The Tourism Authority of Thailand (TAT) hopes its proposed budget for fiscal 2024 will not be cut as it attempts to drive a full recovery, generating 3 trillion baht in tourism income and increasing the GDP contribution to 25% by 2027.
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Thai tourists head to France despite riots
Business, Molpasorn Shoowong, Published on 04/07/2023
» Outbound tourism operators say there have been no cancellations among tour groups scheduled to travel to France, despite riots taking place in major cities, as these tourists have already paid for their holidays.
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