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Hotel Sector Property News - Thailand, Bangkok

The Department of Airports plans to expand Krabi airport's capacity to serve the increasing number of low cost airline flights. ... Read More >
The Mulsap family’s TS Family Group, the owner of real-estate and restaurant businesses, invested Bt1 billion to open Thailand’s first 100-per-cent halal hotel to cash in on the booming Muslim market. It was admitted to "The Halal Hotel" by the Gulf Halal organisation from Dubai, which assures constant and exacting standards of high quality for visitors. ... Read More >
HOTELS have an urgent need to leverage cutting-edge technology to personalise the customer experience, but always in balance with the traditional human touch, professional-services firm Grant Thornton reported after the “International Hotel Investment Forum” in Berlin last week. ... Read More >
When it comes to travel, it’s nice to have an insider’s perspective. Here at Blueprint, presented by CBRE, we are fortunate to have an expansive network of local colleagues around the globe who are not only real estate experts, but also local tastemakers. We have asked them to give an insider perspective to some of the best, most iconic cities ... Read More >
Thailand’s hospitality industry reached new highs in 2015, enjoying its best year in more than two decades, according to research by STR Global. Average occupancy for hotels in Thailand last year was 73.4 per cent, an increase of 13.6 percentage points over 2014 ... Read More >
The Thai Hotels Association may ask the junta to use its near-absolute power to force unregistered hotels out of business, as police have been doing little to tackle the problem. Surapong Techaruvichit, president of the THA, said the hospitality sector had ... Read More >
The government will launch Thailand's first yacht show next month in a bid to promote the country as the most favored destination for superyachts in Asean. The event shows how investment in Phuket is increasing. ... Read More >
International arrivals are expected to pass 32.5 million this year, 8 per cent more than last year, according to the Tourism Council of Thailand. TCT president Ittirit Kinglake said that barring any crises, the number of foreign visitors should be more than last year's 29.8 million. ... Read More >
Bangkok industry is set for a boost with the new purple line running with electric trains from Nonthaburi's Bang Yai district to Bang Sue district in Bangkok. The operational testing is now in progress. ... Read More >
Bangkok industry has received a boost with the announcement of China's ambitious plan to establish 3 rail routes called the "Pan-Asia Railway Network" ... Read More >
The Customs Department is poised to cut the 30% import duty on luxury items in an effort to boost tourists' spending, its chief says. The department will convene a meeting with the private sector this month to arrange the tariff reduction before forwarding it to finance ... Read More >
Return on investment (RoI) for hotels in Bangkok picked up in 2015, while that of other property types was either down or stable, according to a survey by the Thai Appraisal Foundation. TAF board member Wason Kongchantr said RoI for four- and five-star hotels in the capital rose to 8-10% last year from 7-9% in 2014, with three-star RoI rising ... Read More >
Thailand is taking on the role of the driver of the hospitality business in the Asean Economic Community, which is expected to ignite an explosion in tourism. Locally, stakeholders are beating the drums for the establishment of an AEC Tourism Centre to capitalise on the integration of the regional market and to strengthen and diversify strategies to maintain the country's ... Read More >
Thai hotel management companies will face tougher competition next year after the recent mergers of big international hotel chains. AccorHotels' acquisitions of Canada's luxury Fairmont, the Raffles and Swissotel brands earlier this month was the latest in a wave of mergers in the hotel sector. ... Read More >
The Movenpick Hotel company will open Movenpick Siam Hotel Pattaya in Na Jomtien on December 15th. The plan is to provide a new era of upscale hospitality. ... Read More >

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