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Search Result for “net profits”

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BUSINESS

Dusit International says internal conflict not affecting operations

Molpasorn Shoowong, Published on 16/05/2025

» SET-listed Dusit International confirmed that the internal conflict within its major shareholder, Chanut and Children Co, owned by the heirs of the company’s founder, should not impact the company’s operations or lead to a trading suspension on the market. 

BUSINESS

Operators predict Thailand to draw 20m visitors in 2023

Business, Molpasorn Shoowong, Published on 05/01/2023

» Thailand is expected to attract more than 20 million foreign arrivals this year after securing 11.8 million in 2022, according to the newly re-elected president of the Tourism Council of Thailand (TCT).

BUSINESS

Minor Hotels unveils plans to expand amid tourism boom

Business, Molpasorn Shoowong, Published on 02/06/2023

» Minor Hotels plans to grow its portfolio to 600 properties in 59 countries with more than 91,000 rooms in 2025, driven by an optimistic outlook for the global tourism industry after Covid-19 infections eased.

BUSINESS

Airlines on edge

Business, Molpasorn Shoowong, Published on 06/06/2025

» Despite improving financially this year, the aviation industry is still bracing for uncertainties from tariff policies, geopolitical conflicts and supply chain disruption, according to the International Air Transport Association (IATA).

BUSINESS

IATA sees gradual recovery in Asia-Pacific aviation

Business, Molpasorn Shoowong, Published on 08/06/2023

» The International Air Transport Association (IATA) expects Asia-Pacific aviation to gradually recover throughout this year, despite some hiccups in the supply chain and a few Covid travel restrictions still being in place.

BUSINESS

Rising expenses add to hotels' woes

Business, Molpasorn Shoowong, Published on 25/04/2024

» Hotel operators anticipate high expenses from power bills, food prices and labour wages as the low season arrives amid scorching temperatures.

BUSINESS

AWC calls for action on tourism

Business, Molpasorn Shoowong, Published on 12/05/2025

» SET-listed Asset World Corp (AWC) has urged the government to swiftly restore tourism confidence and promote new attractions to lure high-spending visitors.

BUSINESS

Organiser upbeat on growing expenditure

Business, Molpasorn Shoowong, Published on 24/01/2024

» Growing expenditure at food and packaging trade shows signifies a recovering economy and positive momentum for business tourism this year, with Thailand remaining a popular destination for the Mice (meetings, incentives, conventions and exhibitions) segment, according to trade show organiser Informa Markets Thailand.

BUSINESS

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.

BUSINESS

Origin ramps up non-residential push

Business, Molpasorn Shoowong, Published on 21/02/2026

» SET-listed developer Origin Property aims to increase the contribution of non-residential revenue to two-thirds of total profit within 5-10 years, up from an estimated 50% this year, as it diversifies into hotels, services and warehouses.