Showing 1 - 10 of 71
Stagnant tourism hits Onyx revenue
Business, Molpasorn Shoowong, Published on 28/11/2025
» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.
Centara targets 15% revenue growth
Business, Molpasorn Shoowong, Published on 27/11/2025
» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.
Industry sees flaws in proposed Hotel Act changes
Molpasorn Shoowong, Published on 10/09/2025
» The Thai Hotels Association (THA) has expressed concern about attempts to revise the Hotel Act, saying any changes must ensure that tourist safety will not be compromised and shoddy operations will face consequences.
Phuket encouraged to seek special administrative status
Business, Molpasorn Shoowong, Published on 03/09/2025
» With the new Phuket governor scheduled to take over next month, the current governor is pushing for his successor to continue to support the proposal to make the island a special administrative zone with an annual budget of more than 10 billion baht.
Dusit appeals to families
Molpasorn Shoowong, Published on 23/08/2025
» Dusit Estate, the property development arm of SET-listed Dusit Thani, is keen to expand its new residential brand Dusit Ajara, catering to multi-generational living trends in Thailand and throughout Asia.
Thai tourism momentum weakening
Molpasorn Shoowong, Published on 14/08/2025
» Thailand’s tourism business could be slow for the remainder of the year, as the country faces more intense competition from Vietnam and South Korea, which are offering visa exemptions to more markets, say industry executives.
JustCo sets out ambitious growth plan
Business, Molpasorn Shoowong, Published on 14/08/2025
» JustCo, a co-working and flexible space provider, plans to more than double its footprint to 120-130 locations within five years, aiming to become the largest provider in Asia-Pacific and the Middle East.
Supalai sees sector improvement in H2
Business, Molpasorn Shoowong, Published on 11/08/2025
» SET-listed Supalai estimates the property sector will pick up in the second half as concerns subside over US tariffs and earthquake resilience, while the company continues to maintain a diversified portfolio covering both the middle and luxury segments.
Bangkok Land eyes major new stadium
Molpasorn Shoowong, Published on 07/08/2025
» SET-listed Bangkok Land is planning a new 45,000-seat stadium costing up to 10 billion baht on a scale similar to Rajamangala National Stadium, located at the Thunder Dome site and the adjacent football stadium in Muang Thong Thani, viewing a five-year development plan.
Sansiri preps 29 projects in Phuket under 5-year plan
Business, Molpasorn Shoowong, Published on 06/08/2025
» SET-listed developer Sansiri plans to launch 29 residential projects worth 33 billion baht in Phuket under a five-year plan, driven by new demand from both locals and foreigners.