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BUSINESS

Ministry to push forward steps to stimulate tourism

Business, Molpasorn Shoowong, Published on 13/12/2025

» The Tourism and Sports Ministry still plans to push forward two tourism stimulus measures and leave it to the caretaker administration to decide whether to continue them, while the private sector is more concerned with restoring flood-affected communities and maintaining peace along the Thai-Cambodian border.

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BUSINESS

Regaining a lucrative tourism market

Business, Molpasorn Shoowong, Published on 06/09/2025

» According to China Trading Desk, Chinese outbound tourists are estimated to reach 155 million this year, a full resumption compared with pre-pandemic levels.

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BUSINESS

TAT sees hope in winter flight prospects

Business, Molpasorn Shoowong, Published on 05/08/2025

» The 1-million target set for the Middle East and African markets this year remains challenging due to geopolitical conflicts, but Thailand still has opportunities from new flight openings this winter, according to the Tourism Authority of Thailand (TAT).

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BUSINESS

Centara to invest B15bn in hotels

Business, Molpasorn Shoowong, Published on 01/03/2025

» Centara Hotels & Resorts (CHR) plans to invest 15 billion baht in hotels over the next three years, while targeting revenue of 15.5 billion baht in 2025.

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BUSINESS

Thailand to underpin Radisson's expansion ambitions

Business, Molpasorn Shoowong, Published on 11/02/2025

» Radisson Hotel Group aims to double its portfolio to over 150 hotels within three to five years, mainly driven by expansion in Thailand, where the tourism industry remains robust.

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PROPERTY

Boom anticipated for top Phuket projects

Business, Molpasorn Shoowong, Published on 01/11/2024

» Grade A residential projects in Phuket are valued at 337 billion baht and are expected to grow by 10-20% annually over five years, driven by demand from affluent buyers globally, according to C9 Hotelworks, a hospitality consultancy.

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BUSINESS

Tourism minister urged to brace for the worst

Molpasorn Shoowong, Published on 06/09/2024

» Tourism operators have warned the new tourism minister to brace for a nosedive in the global economy and fiercer competition next year, urging the government to start planning for the worst-case scenario from this year.

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BUSINESS

Threefold increase in Thai AirAsia's bookings to China

Business, Molpasorn Shoowong, Published on 27/03/2024

» Following the implementation of the permanent visa-free scheme between Thailand and China, Thai AirAsia has reported that bookings from Thailand to destinations in mainland China have experienced a threefold increase.

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BUSINESS

AWC banking on high-spending tourists

Business, Molpasorn Shoowong, Published on 01/03/2024

» SET-listed Asset World Corp (AWC) remains bullish on high-spending tourists and plans to invest in several projects valued at 36 billion baht this year.

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BUSINESS

Thai hospitality groups go global

Business, Molpasorn Shoowong, Published on 02/01/2024

» As the tourism recovery gathers pace across the globe, Thai hospitality groups expanded their presence beyond the domestic market to capitalise on robust demand in many destinations.