Showing 1 - 10 of 441
Centara, OR prep rollout of budget hotels
Business, Published on 02/04/2026
» Centara Hotels & Resorts plans to launch new budget hotels in partnership with PTT Oil and Retail Business Plc (OR) as early as next year.
Thailand braces for fallout from Mideast war
Business, Wichit Chantanusornsiri, Molpasorn Shoowong and Nareerat Wiriyapong, Published on 09/03/2026
» Thailand's fragile economic recovery faces fresh challenges after war erupted between a US-Israel alliance and Iran.
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.
Centara expands into budget hotels
Business, Molpasorn Shoowong, Published on 27/02/2026
» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).
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.
Centara Hotels & Resorts unveils Himalayan hideaway
Business, Published on 25/12/2025
» Centara Hotels & Resorts (CHR) has announced the upcoming opening of its first property in Nepal, Himalayan Hideaway Resort Pokhara, The Centara Collection, set to welcome guests from January 2026.
Hilton plans 12 Thailand properties
Business, Molpasorn Shoowong, Published on 23/12/2025
» Despite headwinds and rising competition leading to a 7% arrivals contraction, global hospitality operator Hilton still perceives Thai tourism as bullish in the long run, with 12 of 66 properties in its Southeast Asia pipeline planned for Thailand.
Thailand's top travel trends for 2026
Business, Published on 08/12/2025
» The 2026 Travel Outlook Report by the digital travel platform Agoda reveals a shift in Thai travel trends, with domestic journeys taking centre stage. The focus is no longer solely on where to go, but on how to make the most of their time.
Centara targets 15% revenue growth
Business, Molpasorn Shoowong, Published on 27/11/2025
» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.