Showing 1 - 10 of 20
Stagnant tourism hits Onyx revenue
Business, Molpasorn Shoowong, Published on 28/11/2025
» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.
Onyx preps launch of REIT worth B6.5bn
Business, Molpasorn Shoowong, Published on 11/06/2025
» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.
Onyx upbeat on prospects for Shama brand
Business, Molpasorn Shoowong, Published on 18/09/2024
» Multinational company relocation to Southeast Asia and demand for conversions to serviced apartments has driven the growth of Onyx Hospitality Group's Shama serviced apartments.
Operators vie with inflation, high interest rates
Business, Molpasorn Shoowong, Published on 27/05/2024
» Despite an upbeat projection for the Thai tourism industry, some businesses are struggling with high inflation and elevated interest rates, which require government action to remedy, according to Onyx Hospitality Group.
Thai hospitality groups go global
Business, Molpasorn Shoowong, Published on 02/01/2024
» As the tourism recovery gathers pace across the globe, Thai hospitality groups expanded their presence beyond the domestic market to capitalise on robust demand in many destinations.
Thai hotels set sights on global growth
Business, Molpasorn Shoowong, Published on 08/02/2023
» Thai hospitality is globally recognised for its unique service standards, which have assisted many homegrown hotel companies in their international expansion over the past few decades.
Italthai preps recapitalisation plan for Thai hotels
Business, Narumon Kasemsuk, Published on 01/04/2021
» Italthai Group is preparing a recapitalisation plan for its hotel business in Thailand to stem the impact of the pandemic because a full recovery is not expected for five years.
Pattaya picked to host logistics forum
Business, Post Reporters, Published on 19/03/2021
» Pattaya is being touted by the government as likely to increase investment confidence in the Eastern Economic Corridor (EEC), with the city selected to host a Greater Mekong Subregion (GMS) logistics forum that can showcase Thailand as a hub of modern logistics in Asean.
Thai hotels in Maldives report on reopening
Business, Narumon Kasemsuk and Dusida Worrachaddejchai, Published on 07/10/2020
» While Thailand is speeding up a reopening plan this month, Thai hotel companies that own properties in the Maldives are shedding light on the first-hand experience of the Indian Ocean country's challenges since reopening on July 15.
Italthai's new hotels on track
Business, Lamonphet Apisitniran, Published on 08/07/2020
» Italthai Group, one of Thailand's oldest construction and hospitality companies, is maintaining a plan to open 12 new hotels in one year despite the coronavirus crisis's impact on the tourism and service industries.