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Search Result for “high excise tax”

Showing 81 - 90 of 440

BUSINESS

Tourism body estimates revenue to miss B3tn target

Molpasorn Shoowong, Published on 14/07/2025

» The Tourism Authority of Thailand (TAT) estimates that tourism revenue this year will reach 2.87 trillion baht, a shortfall from the 3-trillion-baht target due to the sluggish Chinese market and global uncertainties, but it still anticipates 7% growth to 3 trillion baht in 2026.

BUSINESS

Association upbeat on growth outlook for amusement parks

Business, Molpasorn Shoowong, Published on 11/07/2025

» Despite global economic uncertainties, the amusement park industry expects continued robust growth over the next few years, according to the International Association of Amusement Parks and Attractions (IAAPA).

BUSINESS

Impact of tariff hikes on tourism likely to unfold next year

Business, Molpasorn Shoowong, Published on 10/07/2025

» Tourism operators view the US's tariff policy as indirectly hampering Thai tourism in the form of reduced spending, but this impact is not expected to unfold until next year, as many tourists have already booked trips for the upcoming high season.

BUSINESS

Short-haul bookings remain weak

Business, Molpasorn Shoowong, Published on 09/07/2025

» Airlines report forward bookings for short-haul markets for the remainder of this year are weak, in contrast to the long-haul segment, while some carriers expressed interest in joining the Tourism Authority of Thailand's (TAT) stimulus campaign.

BUSINESS

Travellers appear unfazed by Mideast airspace disruptions

Molpasorn Shoowong, Published on 24/06/2025

» Despite a possible ceasefire between Iran and Israel, disruptions to aviation in the Middle East might affect tourists’ decisions, though travel sentiment is expected to improve if tensions subside, travel industry executives said on Tuesday.

SUSTAINABILITY

Community-based tourism on the rise

Business, Molpasorn Shoowong, Published on 23/06/2025

» Local communities continue to be a critical stakeholder in the Thai tourism supply chain.

BUSINESS

HK Express optimistic on passenger prospects

Business, Molpasorn Shoowong, Published on 19/06/2025

» Amid ongoing safety concerns among Chinese visitors, HK Express, a low-cost carrier owned by Cathay Pacific Group, is anticipating a record high of 1 million passengers for its flights operating between Hong Kong and Thailand.

BUSINESS

Krabi frets over closure of Jetstar Asia

Molpasorn Shoowong, Published on 11/06/2025

» Tourism operators in Krabi are worried about the closure of Singapore-based Jetstar Asia, as Singaporean tourists were among the top five source markets for the southern Thai province.

BUSINESS

Association seeks ways to boost Mice arrivals

Business, Molpasorn Shoowong, Published on 10/06/2025

» The number of international travellers in the meetings, incentives, conventions and exhibitions (Mice) segment this year is expected to contract from last year, due to US trade and tariff policies and an unsafe image of Thailand, according to the Thailand Incentive and Convention Association (Tica).

BUSINESS

AWC’s 5-billion-baht Ritz-Carlton set to offer most expensive room rates

Molpasorn Shoowong, Published on 09/06/2025

» SET-listed Asset World Corp (AWC) has invested over 5 billion baht in developing the Ritz-Carlton Bangkok at the Lhong 1919 Riverside Heritage Destination in Bangkok, aiming to become the hotel offering the highest room rate in the city.