Showing 31 - 40 of 49
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.
Minor uses asset-light strategy
Business, Molpasorn Shoowong, Published on 10/02/2024
» SET-listed Minor International projects its room rate to grow this year and targets 200-250 new hotels and 1,000 restaurants in three years.
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.
Thai hospitality groups go global
Business, Molpasorn Shoowong, Published on 02/01/2024
» As the tourism recovery gathers pace across the globe, Thai hospitality groups expanded their presence beyond the domestic market to capitalise on robust demand in many destinations.
Increased hotel conversions predicted
Business, Molpasorn Shoowong, Published on 02/11/2023
» The hospitality industry expects more hotel conversions following the pandemic as they offer better performance with fewer new hotels in the pipeline, attributed to stricter lending guidelines from financial institutions, says international chain Accor.
TAA, Bangkok Airways post high airfares in Q2
Business, Molpasorn Shoowong, Published on 17/08/2023
» Thai AirAsia (TAA) has reported increased airfares of 42% for the first half, while Bangkok Airways registered a 36% uptick in the first half, though a weaker baht continued to affect airlines' profits.
TAT worries over limited slot capacity
Business, Molpasorn Shoowong, Published on 02/08/2023
» The Tourism Authority of Thailand (TAT) is concerned about slot capacity at international airports as more flights are set to resume in the upcoming high season, particularly from long-haul markets with an estimated 8 million tourists expected this year.
Airlines set the stage for green jet fuel
Business, Molpasorn Shoowong, Published on 17/06/2023
» The International Air Transport Association (IATA) recommends public financing and diversifying production sources for sustainable aviation fuel (SAF) as strategies to achieve net zero emissions by 2050.
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.
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.