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BUSINESS

Impact sees market recovery next year

Business, Dusida Worrachaddejchai, Published on 09/02/2022

» Impact Exhibition Management is hoping its revenue will reach 70% of 2019 levels this year with support from local events and international visitors in the second half, as it plans new exhibition centres using a 6-billion-baht budget.

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BUSINESS

IHG grows luxury, lifestyle portfolio

Business, Dusida Worrachaddejchai, Published on 11/02/2022

» IHG Hotels & Resorts plans to expand its luxury and lifestyle portfolio by 50% as it opens 34 more hotels, generating another 8,000 rooms in five years.

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BUSINESS

Airlines eye revival of Test & Go scheme

Business, Dusida Worrachaddejchai, Published on 17/01/2022

» The Airlines Association of Thailand (AAT) hopes the government resumes the Test & Go scheme as soon as possible to support a tourism recovery.

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BUSINESS

Oil spill endangers fragile recovery on Koh Samet

Business, Dusida Worrachaddejchai, Published on 27/01/2022

» An oil spill flowing towards Koh Samet is dampening the island's tourism outlook as operators could face an influx of cancellations, as happened with a previous leak at Ao Phrao in July 2013.

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BUSINESS

AirAsia eyes 1bn flyers by 2026

Business, Dusida Worrachaddejchai, Published on 29/01/2022

» AirAsia Group aims to connect more than 1 billion passengers in Southeast Asia by 2026 via its aviation unit, which is expected to include a new joint venture airline after restructuring the firm into an investment holding company called Capital A.

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BUSINESS

Subsidy slashed amid tepid travel

Business, Dusida Worrachaddejchai, Published on 18/01/2022

» The Tourism and Sports Ministry will reduce the budget for the "Tour Teaw Thai" tour package subsidy programme, while slashing the scheme's projected tour packages from a million to 200,000 amid weak demand.

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BUSINESS

Ministry pushes for Test & Go redux

Business, Dusida Worrachaddejchai, Published on 19/01/2022

» The expected resumption of the Test & Go tourism scheme in February should allow the country to attract at least 8 million tourists this year, says the Tourism and Sports Ministry.

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BUSINESS

Hoteliers want 90% tax cut extended

Business, Dusida Worrachaddejchai, Published on 20/01/2022

» Hoteliers are urging the government to extend the 90% reduction of the land and buildings tax for another two years or collect a new levy of 20-30% instead as the tourism industry is far from recovering.

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BUSINESS

Mice revival on hold as events postponed

Business, Dusida Worrachaddejchai, Published on 25/01/2022

» Recovery of the exhibitions industry faces a delay as international Mice (meetings, incentives, conventions and exhibitions) events have been postponed until the second half of this year.

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BUSINESS

Test & Go a fillip for Thai tourism

Business, Dusida Worrachaddejchai, Published on 26/01/2022

» Following an improvement in Thai tourism during the festive season in December, the industry faced a rocky start to the New Year due to the rise of Omicron, the highly transmissible Covid-19 variant.