Articles tagged “thailand”

Standard Hotels to Open Four Properties in Thailand

Standard Hotels to Open Four Properties in Thailand

Suttinee Yuvejwattana, Bloomberg

Standard Hotels, best known for its flagship property on New York City’s High Line, will be coming to Thailand. The expansion comes in the wake of a Thai property developer taking a roughly one-third stake in the boutique hotel chain.

2 days ago

Minor Hotels Founder Offers Lessons in Bottom-Up Entrepreneurship

Minor Hotels Founder Offers Lessons in Bottom-Up Entrepreneurship

Colin Nagy

Minor Hotels founder William Heinecke has had quite the entrepreneurial journey. As an American expat, he started his entire empire of businesses in Thailand from the age of 17. Here he shares thoughts about the state of hospitality, luxury, and embedding social good into the core of his properties.

2 weeks ago

Overtourism Becomes a Burden for Thailand as It Breaks Visitor Records

Overtourism Becomes a Burden for Thailand as It Breaks Visitor Records

Natnicha Chuwiruch and Sunil Jagtiani, Bloomberg

Overtourism is a phrase Skift has championed to describe a phenomenon that's increasingly common and that requires industry attention. In Thailand, the number of annual visitors to the country has gone from 25 million four years ago to an expected 40 million next year.

1 month ago

Thailand Airports Plan Shows Tourism Officials Don’t Understand Its Overtourism Problem

Thailand Airports Plan Shows Tourism Officials Don’t Understand Its Overtourism Problem

Jing Travel

You always have to question the true intentions of a country led by a military junta, and Thailand has once again made us raise our eyebrows over a plan for new airports that would seemingly contradict any tourism growth strategy it thought it had.

2 months ago

Thailand’s New Tourism Push? Rehab for Foreigners

Thailand’s New Tourism Push? Rehab for Foreigners

Natnicha Chuwiruch, Bloomberg

For years, Thailand has been an open market for some of the worst tourist indulgences. Maybe if Thailand can make more money on the healing end its citizens won't pay such a heavy price on the front end.

3 months ago

Chinese Tourism Growth Puts Southeast Asia Travel Industry in Balancing Act With Locals

Chinese Tourism Growth Puts Southeast Asia Travel Industry in Balancing Act With Locals

Jing Travel

Southeast Asia destinations won't want to put all their eggs in China's tourism basket, and they don't want to cook the goose of local populations and Western visitor markets. But the region knows China is too good of an opportunity to pass up, at least for now.

4 months ago

Thailand Gives Beach Made Famous by Hollywood Movie a Break From Tourists

Thailand Gives Beach Made Famous by Hollywood Movie a Break From Tourists

Tassanee Vejpongsa, Associated Press

It has taken Thailand almost 20 years to realize that it might make sense to limit the number of people visiting Maya Bay. A good reminder that overtourism isn't a new phenomenon.

5 months ago

Thai Tourism Stocks May Be a Safe Haven in U.S.-China Trade War

Thai Tourism Stocks May Be a Safe Haven in U.S.-China Trade War

Abhishek Vishnoi , Bloomberg

Thailand tourism is strong as it picks up visitors from China and India. If the U.S. and China can't settle their differences on trade, then some investors see Thailand tourism-oriented stocks as a potential safe haven for investment in the region.

5 months ago

Thailand Tourism Gets Surge of Chinese Visitors After Overtourism Measures Eased

Thailand Tourism Gets Surge of Chinese Visitors After Overtourism Measures Eased

Supunnabul Suwannakij, Bloomberg

Chinese "zero-dollar" tours may be great for Thailand's visitation numbers, but the original problems remain. Tourists get treated poorly, overtourism swells, and much of the money flows back into China instead of the Thai economy.

5 months ago

Thailand Sets New Tourism Record as Arrivals Continue to Soar

Thailand Sets New Tourism Record as Arrivals Continue to Soar

Natnicha Chuwiruch, Bloomberg

A military junta still rules over Thailand, but that isn’t stopping tourists from arriving in record numbers.

7 months ago

Thailand Company Becomes World’s Most-Valuable Airport Operator

Thailand Company Becomes World’s Most-Valuable Airport Operator

Anuchit Nguyen and Lee Miller, Bloomberg

This is good news for Thailand as the government said it was investing $6 billion in its airports last year, but some analysts remain cautious.

8 months ago

Thailand Aviation Industry Gets Thumbs Up After Three-Year Downgrade

Thailand Aviation Industry Gets Thumbs Up After Three-Year Downgrade

Associated Press

This is a boost of confidence in Thailand's aviation sector, but the country still faces a myriad of problems with managing growth and cracking down on sex tourism.

10 months ago