Hope for 'Thai Teaw Thai Plus' to Boost Hotel and Spa Stocks

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โดย HoonVision·

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Summary · why it matters

Kasikorn Securities stated that the Ministry of Tourism and Sports will discuss with the Ministry of Finance on September 8 to finalize the "Thai Teaw Thai Plus" project with a budget of 4 billion baht for 1 million rights, divided into accommodation discounts of up to 3,000 baht and a voucher of 1,000 baht per right, supporting the co-payment approach to increase cash flow in the system. If a conclusion is reached, it is expected to be proposed to the Cabinet next week and registration will open from October 1, 2026. This is seen as a positive sentiment for tourism, hotel, spa, and domestic service stocks such as ERW, CENTEL, AWC, and SPA, due to the potential recovery in demand and revenue during 4Q69.

Asset World Corp Public Company Limited ▲

Central Plaza Hotel Public Company Limited ▲

The Erawan Group Public Company Limited ▲

Siam Wellness Group Public Company Limited ▲

Impact on stocks 4

Consumer Discretionary▲ · 3 stocks

Central Plaza Hotel Public Company Limited

▲ PositiveDemandrelevance

Government subsidy program expected to boost domestic tourism demand, benefiting hotel operator CENTEL.

The Erawan Group Public Company Limited

▲ PositiveDemandrelevance

Government subsidy program expected to boost domestic tourism demand, benefiting hotel operator ERW.

Siam Wellness Group Public Company Limited

▲ PositiveDemandrelevance

Government subsidy program expected to boost domestic tourism demand, benefiting spa operator SPA.

Real Estate▲ · 1 stocks

Asset World Corp Public Company Limited

▲ PositiveDemandrelevance

Government subsidy program expected to boost domestic tourism demand, benefiting hotel and spa operator AWC.