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Archive for December, 2006

25 Dec, 2006

Thai Industry Sees No Impact Of Currency, Stock Crash

The Thai travel & tourism industry has shrugged off both last week’s turmoil in the stock market as well as the strengthening of the baht as having no immediate or short-term impact on either visitor arrivals or occupancies. However, a number of hoteliers and other industry executives said the situation may begin to have an […]

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24 Dec, 2006

Nobel Prize Winner Muhammad Yunus asks: Is it globalisation, or financial imperialism?

Originally Published: 24 Dec 2006 In the light of global geopolitical developments of the past year, and economic developments in Thailand in the past week, the words of two Nobel prize winners in the past month will prove extremely insightful in pondering what awaits us all in the year ahead. On December 10, Muhammad Yunus, […]

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18 Dec, 2006

Intrusive Security Helps Private Jets Boost Marketing Pitch

The growing exasperation of upmarket travellers with intrusive, arbitrary and constantly changing airport security procedures has provided a golden opportunity for marketers of private jets to step up their sales pitch. David Savile, CEO of the U.K.-based company Private Jet describes the experience thus: “Far away from scanners, and security staff asking me to surrender […]

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11 Dec, 2006

Luxury Travel Targets 2% of World’s “Uber-Wealthy”

CANNES, France — The world’s growing list of “uber-wealthy” were the target of a luxury travel market organised here last week, with more than 2,500 delegates seeking a piece of the action estimated to be worth more than US$ 44 billion in travel expenditure. Deluxe yachts, private jets, remote islands and lavish resorts were among […]

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10 Dec, 2006

Iraq Study Group report warns U.S. about dangers of staying the course

Originally Published: 10 Dec 2006 Like many Middle East watchers around the world, I carefully read through the Iraq Study Group report which, curiously enough, seemed to reflect the views of many of my columns over the past five years. And the global media reporting of its contents also seemed to reflect the same line. […]

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4 Dec, 2006

Taj Hotels Acquires Ritz-Carlton in Boston

India’s Taj Hotels Resorts and Palaces continued a global expansion drive last month with a US$ 170 million acquisition of The Ritz-Carlton hotel in Boston, raising the company’s portfolio of hotels in India and abroad to 77. The group, which entered Thailand earlier this year with the announcement of a luxury property in Phuket, has […]

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