Showing 1 - 10 of 22
Phuket encouraged to seek special administrative status
Business, Molpasorn Shoowong, Published on 03/09/2025
» With the new Phuket governor scheduled to take over next month, the current governor is pushing for his successor to continue to support the proposal to make the island a special administrative zone with an annual budget of more than 10 billion baht.
Centara to invest B15bn in hotels
Business, Molpasorn Shoowong, Published on 01/03/2025
» Centara Hotels & Resorts (CHR) plans to invest 15 billion baht in hotels over the next three years, while targeting revenue of 15.5 billion baht in 2025.
Central Plaza Hotel profit surges 57% in Q4
Business, Published on 27/02/2025
» Central Plaza Hotel Plc (Centel) has announced improved results for the fourth quarter of 2024, reporting a net profit of 668 million baht, a 57% increase year-on-year.
Phuket tourism operators fret over climate change
Business, Molpasorn Shoowong, Published on 12/10/2024
» Phuket tourism operators are worried about the impact of climate change, resulting in severe weather and flooding in Thailand as well as tourist source markets.
Flooding in Thailand: preparing for the worst
Business, Post Reporters, Published on 02/09/2024
» The severe flooding in northern Thailand has sparked fears over the potential for similar damage in the central plains, the heart of the nation's economy, as experts warn of the possibility of further floods over the next 60 days.
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.
Cabinet okays 18 southern projects
Business, Phusadee Arunmas, Published on 24/01/2024
» The mobile cabinet on Tuesday approved 18 new development projects with a total budget of 552 million baht for six southern provinces on the Andaman Coast.
Russians spur Phuket luxury villa market
Business, Kanana Katharangsiporn, Published on 04/10/2023
» Increasing demand for luxury villas in Phuket from Russian buyers is driving new supply in the market to reach a record high this year, which could result in a glut.
CHR reveals leadership rejig
Business, Published on 06/09/2023
» Centara Hotels & Resorts (CHR) has announced strategic leadership changes within the organisation to reinforce its commitment to delivering the highest standards of service across all its brands both domestically and overseas.
Accor expects revenue to rebound this year
Business, Molpasorn Shoowong, Published on 11/03/2023
» Accor has secured 21 properties in its pipeline for its five-year plan in Thailand, predicting revenue per available room (RevPar) this year for most of its hotels to exceed the level recorded in 2019, propelled by an estimated 25 million foreign arrivals.