Showing 1 - 10 of 11
Condo glut in Cha-am likely to persist
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market in Cha-am still faces a glut, with the inventory of unsold units expected to take 10 years to be absorbed, while the Hua Hin condo market remains robust, says property consultant Colliers Thailand.
Property Perfect plans cautious strategy
Business, Kanana Katharangsiporn, Published on 28/02/2024
» SET-listed developer Property Perfect is taking a more cautious approach this year, focusing on debt reduction and launching fewer new projects because of stricter funding rules for both supply and demand.
Property Perfect records hotel revenue surge in Q1
Business, Kanana Katharangsiporn, Published on 05/04/2023
» SET-listed developer Property Perfect recorded hotel revenue growth of more than four times in the first quarter of 2023 thanks to a robust recovery in the tourism sector.
Grande Asset aiming to reach B6bn in revenue this year
Business, Kanana Katharangsiporn, Published on 08/02/2023
» Grande Asset Hotels and Property Plc aims to record 6 billion baht in revenue this year, more than triple the total posted last year, as the hotel business has bounced back to the pre-pandemic level.
Wyndham expects Hua Hin market to normalise in 2024
Business, Molpasorn Shoowong, Published on 08/11/2022
» Wyndham Hotels & Resorts is expecting Hua Hin's tourism market to rebound back to normal levels in 2024 as its newly-acquired hotel's occupancy rate has slowly picked up to 30%.
Inoculation key to Mice sector revival
Business, Dusida Worrachaddejchai, Published on 17/03/2021
» Bangkok hotels under the SET-listed Grande Asset Hotels and Property Plc (GRAND) are encouraging the government to accelerate mass inoculation as hotels are already suffering from the lack of international tourists and Mice (meetings, incentives, conventions and exhibitions) travellers.
Grande Asset foresees U-shaped sector rebound
Business, Dusida Worrachaddejchai, Published on 25/06/2020
» SET-listed Grande Asset Hotels and Property Plc (GRAND) predicts the Thai tourism sector will likely remain sluggish with a U-shaped recovery.
Grande Asset clips 2020 hotel revenue
Business, Kanana Katharangsiporn, Published on 18/02/2020
» As the Covid-19 virus outbreak hits the tourism sector, SET-listed Grande Asset Hotels & Property Plc expects hotel revenue to deflate this year, while MBK Plc is set to revise its outlook.
Property Perfect eyes bright hotel future
Business, Published on 25/06/2019
» SET-listed developer Property Perfect is upbeat about its hotel business, expecting the segment to generate 4.2 billion baht in 2019 and make up 20% of the company's total revenue.
Akaryn debuts 'unique touch' overseas
Business, Dusida Worrachaddejchai, Published on 20/06/2019
» Akaryn Hotel Group is expanding overseas for the first time with the launch of two hotels in Bali, Indonesia and Hoi An, Vietnam to officially open next year.