Showing 31 - 40 of 46
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.
TAT upbeat on arrivals in low season
Business, Molpasorn Shoowong, Published on 25/05/2023
» The Tourism Authority of Thailand (TAT) expects Thailand to have received 10 million foreign tourists by the end of this month and to continue to have at least 2 million visitors per month despite the low season.
Bangkok Airways expects profit for 2023
Business, Molpasorn Shoowong, Published on 23/03/2023
» Bangkok Airways expects its passenger rate to hit 70-80% of the pre-pandemic level this year, roughly 4.4 million people from more than 40,000 flights, and will possibly post an annual profit for the first time since 2019.
SHR sees revenue hitting B10bn this year
Business, Molpasorn Shoowong, Published on 15/03/2023
» SET-listed S Hotels & Resorts (SHR) is expecting 10 billion baht in revenue this year, a record high and an increase of 20% from last year.