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BUSINESS

Thai AirAsia wants regulators to lift restriction on middle seat

Business, Narumon Kasemsuk, Published on 12/06/2020

» Thai AirAsia (TAA) will ask regulators to change the rule requiring airlines to keep middle seats open, aiming to increase capacity ahead of the government's domestic tourism promotion next month.

BUSINESS

TCT queries tourism stimulus deal

Business, Narumon Kasemsuk, Published on 17/06/2020

» The Tourism Council of Thailand (TCT) is crying foul over the 22.4-billion-baht tourism stimulus package, saying it will mostly benefit big hotel operators and leave behind the small and medium-sized businesses that account for 75% of the sector.

BUSINESS

NokScoot laying off employees

Business, Narumon Kasemsuk, Published on 25/06/2020

» NokScoot will bid farewell to a large number of staff while scaling down operation size amid rumours the airline will permanently exit the market soon.

BUSINESS

Travel bubble scheme drawn up in 3 phases

Business, Narumon Kasemsuk, Published on 02/07/2020

» A travel bubble plan for leisure travellers has been drafted with three phases for opening, starting with a mere 1,000 tourists per day across five provinces.

BUSINESS

TAT predicts 80% plunge in arrivals

Business, Narumon Kasemsuk, Published on 08/07/2020

» A new forecast by the Tourism Authority of Thailand (TAT) says the number of foreign tourists this year may plunge 80% to 8.2 million as revenue slides to 396 billion baht, with international air traffic regaining just 10% of the pre-pandemic schedule.

BUSINESS

AirAsia considers twin hubs in capital

News, Narumon Kasemsuk, Published on 11/07/2020

» Thai AirAsia (TAA) is considering making Suvarnabhumi airport its new aviation hub, alongside its already established hub in Don Mueang airport, to increase the company's revenue.

BUSINESS

Regent plans to unveil small luxury hotel in Hua Hin in Q3

Business, Narumon Kasemsuk, Published on 17/07/2020

» The Regent Group plans to roll out new investment amid the tourism slowdown by offering a small luxury hotel to attract wealthy individuals in the country while waiting for international guests to return.

BUSINESS

Dim long weekend ahead

Business, Narumon Kasemsuk, Published on 25/07/2020

» Domestic travel during the four-day weekend is expected to be less lively, with average hotel occupancy running at just 24%, due to plentiful holidays in July.

BUSINESS

Nai Lert Group seeing worst losses since World War II

Business, Narumon Kasemsuk, Published on 29/07/2020

» The spread of the coronavirus has one of the oldest hospitality businesses in Thailand, Nai Lert Group, facing its biggest setback in its 135-year history, but the group pledges to plough ahead with a mixed-use and office project with greater caution.

BUSINESS

Nok Air will be just fine, insists CEO

News, Narumon Kasemsuk, Published on 31/07/2020

» Nok Air insisted on Thursday its business would be able to return to solvency despite the airline following Thai Airways' lead and filing a business rehabilitation request with the Central Bankruptcy court.