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BUSINESS

Hoteliers decry use of illicit foreign entities

Business, Narumon Kasemsuk, Published on 13/11/2024

» The widespread use of Thai nominees by foreign businesses in Thailand is a growing concern among hoteliers, who fear that low prices and quality could destroy the tourism reputation of the country, according to the Thai Hotels Association's (THA) monthly sentiment index.

BUSINESS

Agency predicts Loy Krathong can generate B6.9bn

Business, Narumon Kasemsuk, Published on 09/11/2024

» Loy Krathong festivals across five regions are expected to generate 6.9 billion baht in tourism revenue from 1.9 million domestic trips, with the North attracting the most tourists, according to the Tourism Authority of Thailand (TAT).

BUSINESS

Lufthansa gets set for uptick in European visitors

Business, Narumon Kasemsuk, Published on 07/11/2024

» Lufthansa has prepared more than 220,000 seats for its winter schedule, resuming non-stop flights from Munich to Bangkok using Airbus A380s to cater to a robust growth in visitors from Europe.

BUSINESS

Japan remains preferred destination for New Year holiday

Business, Narumon Kasemsuk, Published on 06/11/2024

» A large number of Thai tourists are preparing to take overseas trips during the New Year holiday, with the load factor for flights to Japan surging higher than normal.

BUSINESS

Visitors from China, Japan slowly return after pandemic

Business, Narumon Kasemsuk, Published on 02/11/2024

» The tourism industry will continue to struggle with the Northeast Asian market this year, as Chinese and Japanese visitors have not fully returned since the pandemic, according to the Tourism Authority of Thailand (TAT).

PROPERTY

Associations see minimal impact from rate cut

Business, Narumon Kasemsuk, Published on 01/11/2024

» Three property associations forecast a slim impact from the recent policy rate cut, as interest rates for mortgages were reduced by only 0.125%.

BUSINESS

Tourism tax to start with air travel

Business, Narumon Kasemsuk, Published on 24/10/2024

» Collection of the 300-baht travel tax may start with air passengers in the first phase, with the system needing at least six months before starting, according to the Tourism and Sports Ministry.

LIFE

Lisa Blackpink to play New Year's concert in Bangkok

Narumon Kasemsuk, Published on 21/10/2024

» Lalisa “Lisa” Manoban, a world-renowned Thai artist, has been confirmed to perform at the Amazing Thailand Countdown 2025 in Bangkok, according to Tourism and Sports Minister Sorawong Thienthong.

BUSINESS

Posh hotels to pump up rates

Business, Narumon Kasemsuk, Published on 17/10/2024

» High-end hotel operators are preparing to raise room rates during the high season as tourist numbers are projected to surge in the next few months, while hotels in the mid-tier and lower continue to struggle, according to the hotel operator sentiment index.

BUSINESS

Tourism council suggests methods to increase purchasing power

Business, Narumon Kasemsuk, Published on 15/10/2024

» The Tourism Council of Thailand (TCT) is urging the government to increase the purchasing power of locals by increasing the salary base of new civil servants to 25,000 baht per month, while distributing 1,000 baht in digital money to foreign tourists who visit certain parts of the country.