Dropping rates to fight Bangkok’s low hotel occupancies and airline load factors is a failed strategy. But Thailand seems doomed to repeat its history of pricing mistakes due to a myriad of issues. These were some of the insights revealed by travel industry leaders with long and bitter experience in Thailand’s travel industry price...
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Thailand’s Finance Ministry expects to inject THB7.5 billion in the upcoming recapitalization of Thai Airways International in a move to maintain its 51% stake in the national carrier. According to Dow Jones Newswires, the Finance Ministry has already prepared the funds for the recapitalization, which is expected to take place in late September. Thai...
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Great beachfront accommodations and legendary Thai hospitality make the Renaissance Phuket Resort & Spa an oasis for comfort and relaxation and now home to the Quan Spa, a getaway in itself with a complete offering of spa services, including massages, facial treatments, body scrubs, manicures and more. Featuring unique architectural design and a contemporary...
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The Thai stock market has been the best performing of the biggest Asian markets since May. The SET index has increased by more than 20 percent since its May low. “Foreigners are starting to invest in Thai equities again on strong earnings and economic growth,” Supakorn Soontornkit, chief investment officer at MFC Asset Management...
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Once again Mom Tri’s gourmet restaurants have been honoured by the prestigious Wine Spectator. For the fifth consecutive year Mom Tri’s Boathouse is again sole winner in Phuket of the Wine Spectator ‘Best of Award of Excellence’. Mom Tri’s Kitchen – also for the fifth consecutive year – and Mom Tri’s Oasis for the...
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