Showing 1 - 10 of 17
Airlines on edge
Business, Molpasorn Shoowong, Published on 06/06/2025
» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).
Centara opens 2 new Maldives hotels
Business, Molpasorn Shoowong, Published on 19/02/2025
» As the Maldives shifts to a family-friendly destination, Centara Hotels & Resorts (CHR) has launched two new hotels catering to this rising segment, investing more than US$200 million.
Confidence craters in tourism sector
Business, Molpasorn Shoowong, Published on 10/10/2024
» The tourism confidence index in the third quarter plunged year-on-year and remained below the benchmark, hampered by sluggish spending from factory closures, unemployment, rising non-performing loans and severe flooding in both Thailand and abroad, according to the Tourism Council of Thailand (TCT).
Hoteliers oppose B280m package for online travel agents
Business, Molpasorn Shoowong, Published on 22/08/2024
» Thai hoteliers are opposed to the cabinet's approval of 280 million baht to support tourism packages provided by online travel agents (OTAs), fearing most of the income would flow out to foreign platforms, while local operators cannot reap benefits.
More foreign ownership ‘could mean more illegal hotels’
Molpasorn Shoowong, Published on 13/08/2024
» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.
Tourism confidence low amid sluggish economy
Molpasorn Shoowong, Published on 28/06/2024
» The tourism confidence index remained below the benchmark in the second quarter, hampered by stagnant economic growth, though it improved from last year, according to the Tourism Council of Thailand (TCT).
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).
Staying afloat in a turbulent market
Business, Molpasorn Shoowong, Published on 23/03/2024
» With tourists from around the world flocking back to Thailand, tourism operators are competing by upgrading their quality and offering unique services to capture strong demand.
Smaller hotels struggling to cope with increasing costs
Business, Molpasorn Shoowong, Published on 03/08/2023
» Despite the upcoming lower power tariff, midscale and small hotels are still facing a surge in expenses due to high interest rates, while their rate of revenue growth lags behind those of five-star properties.
Measures sought to rein in airfares
Business, Molpasorn Shoowong, Published on 14/04/2023
» The Airlines Association of Thailand (AAT) is urging the government to lower the fuel tax and operational fees at airports amid concerns over a potential increase in oil prices following the announcement by Opec+ that the group would reduce its output, saying the lower cost burden would eventually help to reduce airfares.