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BUSINESS

SiteMinder reports big rise in bookings

Business, Dusida Worrachaddejchai, Published on 17/02/2020

» SiteMinder, a Sydney-based distribution hospitality platform provider, has observed tremendous growth in online hotel bookings in Thailand, with global platforms taking the top three spots.

BUSINESS

Onyx keeps long-term plans in sight amid chaos

Business, Dusida Worrachaddejchai, Published on 21/02/2020

» Onyx Hospitality Group, a unit of Italthai Group, is embracing the difficulties of the ongoing crisis by focusing on a long-term strategy to expand its hotel footprint in Thailand and Asia.

BUSINESS

THAI executives absorb blow with salary cuts

Business, Dusida Worrachaddejchai, Published on 26/02/2020

» Thai Airways International (THAI) is preparing to cut salaries and related expenses for top executives by 15-25% to survive the financial turbulence caused by the recent coronavirus outbreak.

BUSINESS

Erawan looks to domestic zone, Asean

Business, Dusida Worrachaddejchai, Published on 26/02/2020

» SET-listed Erawan Group Plc (ERW) plans to rely on the domestic market, aiming for 50 Hop Inn hotels across Thailand.

BUSINESS

Questioning the herd mentality

Business, Dusida Worrachaddejchai, Published on 02/03/2020

» To ride or not to ride? This is a much-heard question when it comes to tourism activities centred on the elephant -- an animal once emblazoned on Thailand's national flag and a recognised symbol of the nation for centuries.

BUSINESS

B5bn tourism aid package ready Friday

Business, Dusida Worrachaddejchai, Published on 05/03/2020

» The Tourism and Sports Ministry is set to propose a domestic travel stimulus plan worth 5 billion baht to the economic cabinet this Friday, aiming to cushion the impact of the coronavirus for the services sector nationwide.

BUSINESS

TAT spots 30% chance of B1.5tn revenue loss

Business, Dusida Worrachaddejchai, Published on 10/03/2020

» The Tourism Authority of Thailand (TAT) sees a worst case this year of 10 million foreign tourists staying home and 1.5 trillion baht lost as forward bookings continue to flash warning signs.

BUSINESS

Centel unfazed by virus, bullish on second half

Business, Dusida Worrachaddejchai, Published on 10/03/2020

» SET-listed Central Plaza Hotel Plc (Centel) sees the Covid-19 outbreak as a short-term challenge, with better results expected in the second half.

BUSINESS

Minor feels the pinch from Europe's outbreak

Business, Dusida Worrachaddejchai, Published on 11/03/2020

» Accor remains committed to expansion in Thailand and Asia despite a sluggish performance in China, while SET-listed Minor International (MINT) is starting to feel the impact from the outbreak on hotel operations in Europe.

BUSINESS

Operators call for two-week lockdown

Business, Dusida Worrachaddejchai, Published on 18/03/2020

» Tourism operators are urging the state to impose a two-week lockdown to keep the coronavirus from spreading to provincial areas and creating a deeper impact on the economy.