The government's decision to withdraw its proposal to sell land to prospective foreign investors has been supported by key business leaders, with the move seen as having no significant impact on the Thai property market.
Hotel operators say they are worried by uncertainties over live broadcast of the upcoming World Cup in Thailand, even though most tourists have other priorities when choosing their holiday destination.
The increased cost of living driven by global events, such as the Russia-Ukraine conflict is shrinking local purchasing power, leading to the burning question: how will people trim their budgets?
After more than two years of severe hardships brought about by Covid-19 outbreaks, tourism-related businesses are seeing a glimpse of hope after the government agreed on Friday to abandon the pre-registration process for foreign visitors and the requirement for face masks to be worn in public.
Hoteliers have mixed feelings about a new phase of the hotel subsidy scheme "We Travel Together" after the Tourism Authority of Thailand (TAT) suggested hotels could offer a 50% discount for an additional 1 million room nights.