Showing 1 - 10 of 424
Tourism braces for impact of Mideast war
Business, Narumon Kasemsuk, Published on 10/03/2026
» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.
Singha Estate keeps emphasis on hotels
Business, Kanana Katharangsiporn, Published on 07/03/2026
» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.
Sugar tycoons branch into hotel investments
Business, Kanana Katharangsiporn, Published on 04/03/2026
» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.
Phuket in fresh bid for Specialised Expo
Business, Molpasorn Shoowong, Published on 24/02/2026
» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new "longevity" theme, promoting the island's wellness and sustainable tourism sectors.
Thailand stalls as Vietnam surges
Business, Wichit Chantanusornsiri, Lamonphet Apisitniran, Somhatai Mosika and Molpasorn Shoowong, Published on 26/01/2026
» As the election campaign intensifies, the theme of restructuring has been a common refrain across the political spectrum, promoted as a tool to revive an economy that has struggled to gain momentum in recent decades.
IHG to add nearly 40 hotels to Thai portfolio in 3-5 years
Business, Molpasorn Shoowong, Published on 21/01/2026
» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.
Raimon Land steps up sale of major holdings
Business, Kanana Katharangsiporn, Published on 03/12/2025
» SET-listed developer Raimon Land (RML) is accelerating the sale of major assets, including its 8.4-billion-baht stake in the One City Centre (OCC) office tower, as part of efforts to enhance liquidity in the first quarter of 2026.
Phuket upbeat on high season outlook
Business, Molpasorn Shoowong, Published on 02/12/2025
» Phuket tourism operators anticipate this high season running through the first quarter of 2026 will deliver the strongest performance in five years, driven by increased tourist spending, longer stays and the introduction of new long-haul flights to southern Thailand.
Phuket high-end markets see solid growth
Business, Kanana Katharangsiporn, Published on 27/11/2025
» Phuket's high-end villa and condo markets remain robust, supported by steady demand from foreign buyers, particularly long-stay travellers and remote workers, despite a slowdown in tourism.
Phuket restaurants upbeat for high season
Business, Kuakul Mornkum, Published on 10/11/2025
» Despite the decline in foreign arrivals during the first 10 months of this year, including Chinese tourists dipping by one-third, the Phuket-Andaman Restaurant Club is optimistic about the upcoming high season.