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BUSINESS

Hotels digitise as a survival strategy

Business, Kanana Katharangsiporn, Published on 10/11/2025

» Thai hotels are accelerating digital and pricing strategies to stay competitive as international arrivals slow and the Chinese market, once Thailand's biggest tourism driver, remains tepid.

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BUSINESS

TOA Paint pins hopes on stimulus to foster growth

Business, Kanana Katharangsiporn, Published on 29/10/2025

» SET-listed TOA Paint (Thailand) expects modest growth this year despite a sluggish market, banking on the government's co-payment scheme leaving consumers with a greater amount of disposable income for home renovations in the fourth quarter.

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BUSINESS

Excess supply seen in capital

Business, Kanana Katharangsiporn, Published on 23/10/2025

» Hotels in Greater Bangkok should brace for an influx of new supply while average occupancy rates declined, contrary to rising figures in other regions, according to the Real Estate Information Center (REIC).

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BUSINESS

Examining the crux of the credit crunch

Business, Kanana Katharangsiporn, Published on 18/10/2025

» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.

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BUSINESS

Swire to debut Upper House hotel in Bangkok

Business, Kanana Katharangsiporn, Published on 18/10/2025

» Hong Kong-based conglomerate Swire Pacific plans to open its first Upper House hotel in Bangkok, marking the brand's debut in Thailand, alongside its first branded residence project worth 30-40 billion baht on Wireless Road.

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BUSINESS

Call for power upgrades to fuel data centres

Business, Kanana Katharangsiporn, Published on 16/10/2025

» Thailand's data centre capacity is projected to more than double over the next few years, but the government must upgrade power transmission lines and substations as electricity shortages are emerging in key provinces such as Chon Buri and Rayong.

BUSINESS

Ascott sees revenue and rates reviving next year

Business, Kanana Katharangsiporn, Published on 09/10/2025

» The Ascott Limited Thailand, the wholly owned lodging business unit of Singapore-based CapitaLand Investment, expects revenue, occupancy and room rates to recover in 2026, with plans to diversify into resort destinations such as Phuket and secure a management contract in Hat Yai.

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BUSINESS

SCX's 2 new hotels to generate B900m

Business, Kanana Katharangsiporn, Published on 18/09/2025

» SET-listed developer SC Asset Corporation's subsidiary SCX Corporation, which manages its recurring-income assets, plans to open two new hotels in Bangkok and Pattaya over the next five weeks, targeting 900 million baht in revenue in 2026.

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BUSINESS

International schools tied to housing demand

Business, Kanana Katharangsiporn, Published on 03/09/2025

» International schools can help increase housing demand in nearby areas, attracting both parents and investment buyers seeking rental opportunities, according to residential developers.

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BUSINESS

IHG brand targeting independent hotels

Business, Kanana Katharangsiporn, Published on 02/09/2025

» International chain IHG Hotels & Resorts aims to persuade independent hotel owners to convert their properties to its new brand, Garner, with the first location in Southeast Asia and second in Asia set to open in Pattaya in November 2025.