Showing 91 - 100 of 163
Malls bet big on New Year blowout
Business, Molpasorn Shoowong, Published on 19/12/2025
» Large malls are ramping up investments in New Year countdown events across Bangkok and nationwide to spur year-end spending among locals and foreign tourists, with leading players Central Pattana Plc (CPN) and The Mall Group aiming to attract a combined audience of 1.6 million at their flagship celebrations.
Stagnant tourism hits Onyx revenue
Business, Molpasorn Shoowong, Published on 28/11/2025
» Onyx Hospitality reported flat revenue per available room (RevPar) in Thailand due to sluggish tourism, prompting the company to delay launching funding for its real estate investment trust (REIT) until next year.
Two airlines post losses, burdened by fuel prices
Business, Molpasorn Shoowong, Published on 17/11/2022
» Bangkok Airways Plc (BA) posted a net loss of 393 million baht in the third quarter, while Asia Aviation Plc (AAV), the major shareholder of Thai AirAsia (TAA), racked up a net loss of 4.1 billion baht as the two carriers were pressured by increasing costs driven by surging fuel prices.
IHG to add nearly 40 hotels to Thai portfolio in 3-5 years
Business, Molpasorn Shoowong, Published on 21/01/2026
» Thailand still has an undersupply of hotel rooms, according to international chain IHG Hotels & Resorts, which aims to add nearly 40 hotels here in 3-5 years, adding the next government should address the strong currency.
TAT optimistic on arrivals from Singapore
Business, Molpasorn Shoowong, Published on 24/10/2022
» The Tourism Authority of Thailand (TAT) is expecting to attract at least 500,000 visitors from Singapore this year as flights on this route have almost returned to normal.
Central upbeat on luxury stores in Europe
Business, Molpasorn Shoowong, Published on 14/03/2023
» Central Group remains confident that its luxury department stores in Europe won't be affected by inflation as they targeted high-end customers, while Centara Hotels & Resorts (CHR) expects its revenue this year to exceed the level recorded in 2019.
Thai AirAsia X refund plan set to be submitted soon
Business, Molpasorn Shoowong, Published on 25/03/2023
» Thai AirAsia X expects to submit a rehabilitation plan by mid-April, compensating all passengers affected by Covid-19 within the next 4-5 months.
King Power upbeat on sales outlook
Business, Molpasorn Shoowong, Published on 26/04/2023
» King Power Group is aiming for duty-free sales to reach 80% of the 2019 tally this year via both offline and online channels, as well as through new lifestyle retail stores, amidst a slow recovery of the Chinese market.
TAT makes move into the metaverse
Business, Molpasorn Shoowong, Published on 13/05/2023
» The Tourism Authority of Thailand (TAT) plans to open its first virtual office in the Bitkub Metaverse in the third quarter of this year, in a bid to attract millennials and foreign tourists to bolster Thailand's digital economy.
Thailand urged to fix Chinese visa issues
Business, Molpasorn Shoowong, Published on 12/08/2023
» As China lets tour groups visit Japan for the first time in three years, Thailand could see fewer tourists from that country if the government does not fix obstacles related to visa applications for Chinese groups.