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BUSINESS

Minor poised to close hotels in Bangkok

Business, Narumon Kasemsuk, Published on 24/03/2020

» Minor is preparing to close hotels in Bangkok and at-risk areas around the country to limit the coronavirus outbreak, says William Heinecke, chairman of Minor International Plc.

BUSINESS

European group riles up local hotels

Business, Narumon Kasemsuk, Published on 08/05/2020

» Thousands of hotels in Thailand are crying foul after TUI Group -- a global tourism business based in Europe -- submitted letters asking to delay repayment on debt that has grown to 2 billion baht.

BUSINESS

Tourism levy mulled

Business, Narumon Kasemsuk, Published on 12/05/2020

» The Tourism and Sports Ministry is considering a tax of 300 baht or less per person for foreign arrivals that could cover pandemic insurance, once inbound flights and tourism activities resume in the country.

BUSINESS

Thai hotels reject TUI's delayed repayment

Business, Narumon Kasemsuk, Published on 18/05/2020

» Hotels in Thailand have written to TUI Group's chief executive, rejecting the big tour operator's proposal to delay debt repayment and proposing an optional deferment payment plan requiring 50% of the overdue amount by this month.

BUSINESS

Outbreak spurs longer stays

Business, Narumon Kasemsuk, Published on 01/06/2020

» San Francisco-based Airbnb, a home-sharing company, has seen the pandemic accelerate the growth of longer-term stay booking, while hyper-local bookings are projected to be a fast-growing service.

BUSINESS

Thai AirAsia wants regulators to lift restriction on middle seat

Business, Narumon Kasemsuk, Published on 12/06/2020

» Thai AirAsia (TAA) will ask regulators to change the rule requiring airlines to keep middle seats open, aiming to increase capacity ahead of the government's domestic tourism promotion next month.

BUSINESS

TCT queries tourism stimulus deal

Business, Narumon Kasemsuk, Published on 17/06/2020

» The Tourism Council of Thailand (TCT) is crying foul over the 22.4-billion-baht tourism stimulus package, saying it will mostly benefit big hotel operators and leave behind the small and medium-sized businesses that account for 75% of the sector.

BUSINESS

NokScoot laying off employees

Business, Narumon Kasemsuk, Published on 25/06/2020

» NokScoot will bid farewell to a large number of staff while scaling down operation size amid rumours the airline will permanently exit the market soon.

BUSINESS

Travel bubble scheme drawn up in 3 phases

Business, Narumon Kasemsuk, Published on 02/07/2020

» A travel bubble plan for leisure travellers has been drafted with three phases for opening, starting with a mere 1,000 tourists per day across five provinces.

BUSINESS

TAT predicts 80% plunge in arrivals

Business, Narumon Kasemsuk, Published on 08/07/2020

» A new forecast by the Tourism Authority of Thailand (TAT) says the number of foreign tourists this year may plunge 80% to 8.2 million as revenue slides to 396 billion baht, with international air traffic regaining just 10% of the pre-pandemic schedule.