Showing 81 - 90 of 171
Songkhla project set to generate B100bn
Business, Molpasorn Shoowong, Published on 21/03/2023
» The Tourism and Sports Ministry expects investment in the Songkhla Lake Basin under the Designated Areas for Sustainable Tourism Administration (Dasta) to generate more than 100 billion baht in revenue for local communities over 10 years.
Khao San hopes for Songkran boom
Business, Molpasorn Shoowong, Published on 18/03/2023
» The Songkran festival is likely to return to Khao San Road this year as tourism operators are discussing possible events to lure visitors after the authorities prohibited water splashing last year.
Spring Airlines sees recovery in flights
Business, Molpasorn Shoowong, Published on 21/03/2023
» Flights between Thailand and China on Spring Airlines have recovered to 50% of pre-pandemic levels and are expected to resume normal frequencies this year, aided by high demand and a forecast of 5% Chinese GDP growth.
TAT to monitor tourism impact of SVB
Business, Molpasorn Shoowong, Published on 16/03/2023
» Economic concerns stemming from the collapse of Silicon Valley Bank (SVB) will not affect long-haul visitors to Thailand in the short term as pent-up demand should support the market, but officials plan to monitor the long-term impact, according to the Tourism Authority of Thailand (TAT).
Samui operators plead for direct flights
Business, Molpasorn Shoowong, Published on 17/03/2023
» Samui tourism operators are calling for more direct flights to the island and an improvement in infrastructure and tourism distribution as the industry is on track for recovery.
Accor expects revenue to rebound this year
Business, Molpasorn Shoowong, Published on 11/03/2023
» Accor has secured 21 properties in its pipeline for its five-year plan in Thailand, predicting revenue per available room (RevPar) this year for most of its hotels to exceed the level recorded in 2019, propelled by an estimated 25 million foreign arrivals.
Central upbeat on luxury stores in Europe
Business, Molpasorn Shoowong, Published on 14/03/2023
» Central Group remains confident that its luxury department stores in Europe won't be affected by inflation as they targeted high-end customers, while Centara Hotels & Resorts (CHR) expects its revenue this year to exceed the level recorded in 2019.
SHR sees revenue hitting B10bn this year
Business, Molpasorn Shoowong, Published on 15/03/2023
» SET-listed S Hotels & Resorts (SHR) is expecting 10 billion baht in revenue this year, a record high and an increase of 20% from last year.
TAT unfazed by giveaways
Business, Molpasorn Shoowong, Published on 07/03/2023
» Many countries in Asia recently announced giveaway campaigns to bolster their tourism industry, aiming to drive post-pandemic economic growth.
Pattaya gets set for Chinese
Business, Molpasorn Shoowong, Published on 03/03/2023
» Pattaya has shrugged off concerns over Chinese businesses, including those using Thai nominees, partly because the tourism market from the mainland is slowly reviving.