The heirs of Dusit Thani’s founder refused to approve audited 2024 financial statements, delaying auditor appointments and triggering a trading suspension.
Riyaz partners with Jin Jiang Hotels to expand five brands across Southeast Asia, signing first management agreement for Metropolo in Luang Prabang, Laos.
Thailand's hotel investment market is poised for continued growth in 2025, following a report of record-breaking THB 22.3 billion in transactions for 2024.
Tourism is booming across Asia with hotels reporting high bookings for May Day Golden Week and companies like Ascott Limited expanding their portfolios. Thailand said it would continue its subsidy scheme for domestic tourists during the low season.