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Search Result for “high excise tax”

Showing 121 - 130 of 447

BUSINESS

Centre Point Group to upgrade four hotels

Business, Molpasorn Shoowong, Published on 21/02/2025

» Centre Point Group, a hospitality subsidiary of SET-listed developer Quality Houses, plans to upgrade its four hotels in Bangkok to the premium segment within three years.

BUSINESS

Minor eyes huge hotel portfolio growth

Business, Molpasorn Shoowong, Published on 18/02/2025

» SET-listed Minor International is targeting capital expenditure of 10-12 billion baht a year to reach its goal of 1,000 hotels and 4,500 restaurants by 2029, while banking on a boost to Thai growth thanks to the filming of The White Lotus at its four resorts.

BUSINESS

Mae Hong Son finds ways to tackle unruly tourists

Business, Molpasorn Shoowong, Published on 18/02/2025

» The unruly behaviour of tourists in Mae Hong Son has increasingly riled locals, particularly the habit of smoking marijuana in public, disobeying traffic rules and illegally working in prohibited jobs.

BUSINESS

Tourism operators banking on Jurassic movie lure

Business, Molpasorn Shoowong, Published on 10/02/2025

» Tourism operators are hopeful the new Jurassic franchise movie, which showcases southern Thailand's natural destinations, will attract tourists throughout the year, leading to calls for a management plan to brace for a visitor influx.

BUSINESS

Minister touts registration system

Business, Molpasorn Shoowong, Published on 05/02/2025

» Attracting unregistered hotel operators into the registration system could realise significant hidden tourism revenue, potentially lifting the total revenue tally to 3.5 trillion baht if successful, says the Tourism and Sports Ministry.

BUSINESS

Emirates touts bumper Thai business

Business, Molpasorn Shoowong, Published on 01/02/2025

» Emirates remains confident in Thailand as its Southeast Asia hub after reporting the most business and first-class passengers flying from the country, which prompted the airline to launch its largest overseas lounge at a Suvarnabhumi airport terminal.

BUSINESS

Southern hotels boom amid tourist influx

Business, Molpasorn Shoowong, Published on 31/01/2025

» Robust tourism should help hotels in the South enjoy surging room rates and service charges for both high and low seasons, as many five-star beach resorts have already announced a new round of service charges, with the highest rate reaching 92,924 baht in January.

PROPERTY

Supalai bullish despite tricky conditions

Business, Molpasorn Shoowong, Published on 30/01/2025

» The real estate sector might record the lowest number of new residential projects launched in 15 years in 2025, attributed to a sluggish economy, high household debt and an elevated loan rejection rate, according to SET-listed developer Supalai.

BUSINESS

Hotels insist on government action to address PM2.5

Business, Molpasorn Shoowong, Published on 29/01/2025

» Hotel operators are urging the government to work with the entire supply chain to solve the smog issue before it severely hampers tourism, while hostels cry foul over the high cost burden of having clean air for guests.

BUSINESS

Privilege Card eager to shift from dependence on Chinese

Business, Molpasorn Shoowong, Published on 23/01/2025

» Concerns over foreign scams and human trafficking networks have not affected long-stay tourists, including the Chinese market, according to Thailand Privilege Card Co (TPC), the operator of a long-term residency and perks programme.