Showing 71 - 80 of 352
China market dents tourism income
Business, Molpasorn Shoowong, Published on 27/01/2024
» Slower growth of Thai tourism receipts in 2023 compared with Asian peers is attributed to the sluggish Chinese market, which flocked to other countries, as well as Thai hotels' inability to adjust their prices.
Organiser upbeat on growing expenditure
Business, Molpasorn Shoowong, Published on 24/01/2024
» Growing expenditure at food and packaging trade shows signifies a recovering economy and positive momentum for business tourism this year, with Thailand remaining a popular destination for the Mice (meetings, incentives, conventions and exhibitions) segment, according to trade show organiser Informa Markets Thailand.
CFR upbeat on Chinese New Year spending
Business, Molpasorn Shoowong, Published on 23/01/2024
» Overall expenditure during Chinese New Year is expected to grow by at least 5-10% from the level recorded last year, driven by government incentives and promotional campaigns in the private sector, as Thais could spend up to 31% more than during the regular period, according to Central Food Retail (CFR), operator of Tops grocery stores.
Faith travel remains evergreen
Business, Molpasorn Shoowong, Published on 22/01/2024
» In the aftermath of the pandemic, faith tourism has emerged as a trend as more people seek peace of mind and motivation.
Go Wholesale expansion to continue
Business, Molpasorn Shoowong, Published on 20/01/2024
» Central Food Wholesale remains optimistic about the economy and domestic spending power, driven by a thriving tourism industry, as it plans to add seven Go Wholesale outlets in Bangkok and upcountry.
Strategy to achieve tourism targets revealed
Business, Molpasorn Shoowong, Published on 18/01/2024
» The Tourism and Sports Ministry said the target of 3.5 trillion baht in revenue and 40 million foreign arrivals this year set by Prime Minister Srettha Thavisin remains a challenge, but it plans to drive spending and longer stays through soft power products, events and safety measures.
TCEB eyes 23m Mice visitors
Business, Molpasorn Shoowong, Published on 18/01/2024
» The Thailand Convention and Exhibition Bureau (TCEB) is targeting at least 23.1 million Mice (meetings, incentives, conferences and exhibitions) visitors in its fiscal 2024, generating 136 billion baht or 75% of the level recorded in 2019.
Hotels not keen on e-receipt system
Business, Molpasorn Shoowong, Published on 13/01/2024
» Hotel operators say the Easy E-Receipt scheme may not benefit the tourism industry, as those who are eligible to use this tax rebate may opt for shopping instead.
Em District posts growth at three malls
Business, Molpasorn Shoowong, Published on 11/01/2024
» Retail operator Em District is unfazed by the uncertain economy, posting growth from high-spending customers at its three malls during the final quarter of 2023.
Perks boost film shooting revenue
Business, Molpasorn Shoowong, Published on 12/01/2024
» Cash rebate incentives for foreign film crews helped Thailand boost revenue from film shoots by 40% to 6.6 billion baht last year, while the Tourism Department aims to attract more blockbusters to Thailand this year.