On Friday at 11:42 AM (Bangkok time), the share price of Minor International Public Company Limited (SET: MINT) rose by 2.70% or THB 0.60 to THB 22.80, with a trading value of THB 1.42 billion.
The Erawan Group Public Company Limited (SET: ERW) surged 5.59% or THB 0.16 to THB 3.02, with a trading value of THB 164.13 million.
Central Plaza Hotel Public Company Limited (SET: CENTEL) grew by 3.76% or THB 1.25 to THB 34.50, with a trading value of THB 176.83 million.
Asset World Corp Public Company Limited (SET: AWC) increased by 4.39% or THB 0.10 to THB 2.38, with a trading value of THB 138.73 million.
S Hotels and Resorts Public Company Limited (SET: SHR) gained 1.91% or THB 0.03 to THB 1.60, with a trading value of THB 2.76 million.
Maybank Securities (Thailand) has expressed a positive view for tourism-related stocks, following the Tourism Authority of Thailand (TAT)’s intention to revise its forecast for international arrivals upward in 2026 from a 1-2% year-on-year decline, as the impact from the Middle East conflict has been less severe than originally expected.
Strategically, the brokerage believes current share prices in the tourism sector present attractive opportunities for gradual accumulation, despite ongoing uncertainties in the Middle East. The number of foreign visitors to Thailand is now expected to continue rising year-on-year throughout the third quarter of 2026.
Following a positive reaction in AOT to these developments on Thursday, Maybank anticipates that attention will shift to hotel stocks, particularly ERW, which operates a significant number of domestic hotels and is seeing robust profit growth from its HOP INN chain. Other hotel companies, including MINT and CENTEL, are also expected to benefit from this improved tourism outlook.
