Showing 1 - 10 of 1,042
Hotels slash rates to lure Songkran market
Business, Narumon Kasemsuk, Published on 24/03/2026
» Concerned by a nosedive in European arrivals and low confidence due to fuel shortages among local travellers, hotel operators have started to offer discounts of 20-40% to attract tourists during the upcoming Songkran holiday.
Minor banking on asset‑light model
Business, Kanana Katharangsiporn, Published on 24/03/2026
» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.
E-commerce sovereignty picks up with Pantip Mall
Business, Suchit Leesa-nguansuk, Published on 16/03/2026
» Thailand has begun to explore the concept of local e-commerce sovereignty with the debut of Pantip Mall e-marketplace, as regulators and local e-commerce veterans share growing concerns over the dominance of foreign platforms.
Hostel association targets reform and growth
Business, Molpasorn Shoowong, Published on 09/03/2026
» The Hostel and Small Accommodation Association (Thailand) has urged the new government to continue pushing for a new accommodation act for small hotels, but strongly opposes allowing condo units to be registered as legal lodging.
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.
The future of audit: Governance safeguards quality and trust in AI era
Business, Lee Boon Teck, Published on 05/03/2026
» Auditing has long been the cornerstone of transparency and accountability in business. For much of its history, it has been a manual craft: imagine auditors working in conference rooms, sifting through piles of paperwork, and validating financial statements. This process, which relied on sampling, involved examining a subset of transactions as a proxy for the organisation's activities -- it was effective but limited by time and scale.
Oakwood to debut in Hat Yai with CPN venture
Business, Published on 28/02/2026
» Central Pattana Plc (CPN), a leading real estate developer in Thailand, has partnered with The Ascott Limited, a global hospitality company and wholly-owned subsidiary of CapitaLand Investment, for the development of Oakwood Central Hat Yai.
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).
Budget hotels at PTT petrol stations
Yuthana Praiwan, Published on 18/02/2026
» Two listed firms, PTT Oil and Retail Plc (OR) and Central Plaza Hotel Plc (Centel), announced a joint venture that will run budget hotels at PTT petrol stations.
Council sees tourism as key driver of GDP
Business, Molpasorn Shoowong, Published on 17/02/2026
» The Tourism Council of Thailand (TCT) expects the tourism industry to be a major driver of GDP growth this year as flights and arrivals continue to rebound, though rising untaxed online travel agents and illegal foreign operators continue to limit the full benefits of the rebound.