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Search Result for “travellers”

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BUSINESS

Stronger baht hurts travel

Business, Molpasorn Shoowong, Published on 01/04/2026

» The tourism sector could lose 15-17% of revenue if the baht strengthens beyond 30 per US dollar, according to a former governor of the Tourism Authority of Thailand (TAT).

BUSINESS

Inside Swiss Hospitality Education: Where Global Luxury Leaders Begin

Jutamas Tadthiemrom, Published on 30/03/2026

» In today’s evolving luxury landscape, value is no longer defined by rarity alone, but by the quality of experience. As global travellers seek meaning, authenticity, and emotional connection, hospitality has become more nuanced — and more essential than ever.

BUSINESS

War unlikely to dent Songkran revenue

Business, Narumon Kasemsuk, Published on 26/03/2026

» The Tourism Authority of Thailand (TAT) remains confident about its projection of 6% revenue growth tallying 30 billion baht during the Songkran holiday this year, mainly driven by Asian markets.

BUSINESS

Protracted war could cut arrivals to Thailand by 10%

Bloomberg News, Published on 25/03/2026

» The number of foreign visitors to tourism-reliant Thailand is at risk of falling to its lowest level in three years as the Middle East war threatens global travel, according to the Ministry of Tourism and Sports.

BUSINESS

Haad Thip turns to returnable glass

Business, Kuakul Mornkum, Published on 25/03/2026

» SET-listed Haad Thip Plc, the exclusive bottler and distributor for Coca-Cola in 14 southern provinces, plans to expand its glass-bottled products to mitigate risks from rising plastic pellet prices, driven by ongoing conflicts in the Middle East.

BUSINESS

Aviation executives make the case for cost relief measures

Business, Narumon Kasemsuk, Published on 25/03/2026

» Aviation has become the frontline sector grappling with soaring fuel prices, and executives want cost relief measures to ease costs for travellers to maintain tourism demand during the crucial holiday period.

BUSINESS

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.

BUSINESS

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.

BUSINESS

Tourism groups eye B15bn stimulus

Business, Narumon Kasemsuk, Published on 21/03/2026

» Seven tourism associations under the Federation of Thai Tourism Associations (Fetta) have called for stimulus projects worth a combined 15 billion baht, including cash handouts to local tourists, to prevent an industry downturn due to the Gulf war.

BUSINESS

Hong Kong Tourism Board to woo overnight big spenders, diversify visitor mix

South China Morning Post, Published on 20/03/2026

» The Hong Kong Tourism Board will allocate three-quarters of its resources to overseas markets this year in a strategic shift aimed at diversifying visitor demographics and attracting more overnight high spenders.