Showing 11 - 20 of 417
Hotel room rates plunge too low during low season
Business, Molpasorn Shoowong, Published on 06/09/2024
» Hotels in leisure destinations such as Phuket, Krabi and Pattaya tended to slash room rates too low during the low season when the average occupancy has sharply dropped, says hospitality market analyst STR.
Laguna Phuket predicts higher hotel revenue
Business, Molpasorn Shoowong, Published on 05/09/2024
» Laguna Phuket, an integrated resort operator, is expecting a stronger revenue per available room (RevPar) and higher room rates for hotels this year, thanks to rebounding tourism, with the upcoming pipeline and property development majorly targeting luxury and upscale segments.
White paper seeks to address Phuket's pressing issues
Business, Molpasorn Shoowong, Published on 04/09/2024
» Phuket's key tourism operators are preparing a white paper that will urge the government to tackle deterioration of the environment and overdevelopment on the island amid rapid urbanisation.
Phuket service charges stable
Business, Molpasorn Shoowong, Published on 03/09/2024
» The average income from service charges among hotels in Phuket is expected to stabilise, but would still maintain a high level in the upcoming high season, while the average room rate would continue to soar, according to the Phuket Hotels Association.
Thailand eyes B1.8tn in tourism revenue
Business, Molpasorn Shoowong, Published on 02/09/2024
» Thailand is on course to welcome 12.2 million foreign arrivals in the last four months of 2024, lifting annual arrivals to almost 36 million and generating 1.8 trillion baht in revenue this year, according to the Tourism Authority of Thailand (TAT).
IHG keen on hotel conversion in Thailand
Business, Molpasorn Shoowong, Published on 30/08/2024
» Hotels globally are reporting an increasing conversion rate post-pandemic, particularly from independent hotel owners, according to international chain IHG Hotels & Resorts, which is eager for conversion in Thailand with a new mid-scale brand.
Thailand preps for Korean arrivals
Business, Molpasorn Shoowong, Published on 29/08/2024
» Thailand is expecting an influx of South Korean tourists during the six-day Chuseok holiday next month, maintaining momentum as Korean visitors are expected to record a new high of 2 million this year.
Sansiri banking on Standard deal to drive profit
Business, Molpasorn Shoowong, Published on 28/08/2024
» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.
Tourism operators seek long-term flood plan
Business, Molpasorn Shoowong, Published on 27/08/2024
» Regional tourism operators have called for a long-term plan to manage floods and storms to prevent possible damage to tourism and the economy, following the floods in northern provinces and a deadly landslide in Phuket.
Complaints over illegal Chinese bus services
Business, Molpasorn Shoowong, Published on 26/08/2024
» Thai bus operators face intense competition from Chinese bus operators using nominees and offering lower prices, while more foreigners are illegally working as van drivers serving tourists, according to the Thai Transportation Operators Association.