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GENERAL

AWC still bullish on Songkran bookings

Business, Molpasorn Shoowong, Published on 19/03/2024

» SET-listed Asset World Corp (AWC) is unfazed by the smog in Chiang Mai as it still anticipates strong bookings for hotels and restaurants next month during the Songkran festival.

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GENERAL

Call to boost tourism investment in provinces

Business, Molpasorn Shoowong, Published on 16/03/2024

» With Prime Minister Srettha Thavisin claiming Thailand will be a tourism hub next year, the private sector is worried about a lack of preparations in second-tier cities as high-potential segments such as sports tourism have yet to receive full support.

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GENERAL

Klook sees Songkran bookings surge

Business, Molpasorn Shoowong, Published on 15/03/2024

» Foreign tourists are extending their stays in April as the government is lengthening Songkran festivities this year to 21 days, according to online travel agent Klook.

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GENERAL

Centel targets ambitious revenue increase

Business, Molpasorn Shoowong, Published on 14/03/2024

» Central Plaza Hotel (Centel) has allocated capital expenditure of 13-20 billion baht for the next three years, in a bid to double the revenue of its food and hotel business by 2029.

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GENERAL

TAT eyes B24.4bn from Songkran

Business, Molpasorn Shoowong, Published on 13/03/2024

» The Songkran festival is expected to generate 24.4 billion baht during the five-day holiday, drawing 510,000 foreign travellers and 4.29 million domestic trips, according to the Tourism Authority of Thailand (TAT).

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GENERAL

Retail sector still sensitive

Business, Molpasorn Shoowong, Published on 11/03/2024

» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.

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GENERAL

Airlines contend high fares are justified

Business, Molpasorn Shoowong, Published on 09/03/2024

» As consumers cry foul over expensive domestic airfares, Thai AirAsia says ceiling prices should not be slashed as airlines have carried a higher cost burden since the pandemic.

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GENERAL

China visa deal sees bookings rise

Business, Molpasorn Shoowong, Published on 08/03/2024

» As the permanent visa exemption between Thailand and China takes effect, airlines and tour operators reported a surge of bookings from Thai travellers during the Songkran holiday to May, with some routes containing more Thai passengers than Chinese.

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GENERAL

Operators justify need to hire foreign labour

Business, Molpasorn Shoowong, Published on 07/03/2024

» Thailand is still encountering problems concerning migrant workers employed in the tourism sector who have entered the country illegally by exploiting visa-free privileges, especially in the country's sex industry, while operators urge the government to legalise sex work.

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PROPERTY

Travellers push up demand for rental residences

Business, Molpasorn Shoowong, Published on 05/03/2024

» Thailand can expect stronger demand for rental residences, especially from foreign expatriates or young workers who may not be able to afford to purchase a home, according to rental residence developer Homa.