{"id":777025772,"date":"2025-04-25T03:55:38","date_gmt":"2025-04-25T06:55:38","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777025772"},"modified":"2026-04-21T23:33:26","modified_gmt":"2026-04-22T02:33:26","slug":"stardream-cruises-chooses-thailand-as-home-port-nation","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/stardream-cruises-chooses-thailand-as-home-port-nation","title":{"rendered":"StarDream Cruises chooses Thailand as home port"},"content":{"rendered":"\n

StarDream Cruises previously operated under Genting Hong Kong before its bankruptcy.<\/p>\n\n\n\n\n\n\n\n

Thailand.- StarDream Cruises<\/strong> has named Thailand’s Laem Chabang as its home port amid the launch of its new cruise ship Star Voyager. Michael Goh<\/strong>, president of StarDream Cruises, said the location was chosen as it’s a top destination for foreign tourists.<\/p>\n\n\n\n

The Star Voyager can carry 2,000 passengers and is focused on Thailand and routes in Southeast Asia. The company expects 40-50 per cent of its passengers to be locals, with the rest coming from Asian markets where StarDream has representatives, including China, India, Japan, South Korea and Hong Kong.<\/p>\n\n\n\n

StarDream Cruises previously operated under Genting Hong Kong before it filed for bankruptcy<\/a> in 2022. The company currently operates three cruise ships, the other two being Star Navigator<\/strong> serving Taiwan and Japan and Genting Dream<\/strong>, which carries up to 4,500 passengers mainly for Singapore and Malaysia.<\/p>\n\n\n\n

According to the Thai Maritime Enforcement Command Center, Thailand received over 162 cruise trips last year, bringing in more than 379,036 passengers and 163,331 crew members.<\/p>\n\n\n\n

Thai casinos could generate US$8.39bn in annual revenue, analysts say<\/h2>\n\n\n\n

Analysts at Maybank Securities (Thailand) have forecast that casinos in Thailand could generate THB278bn (US$8.39bn) annually in revenue. Approximately THB195bn would be derived from gaming activity, while the remaining 30 per cent is expected to come from non-gaming segments such as accommodation, food and retail.<\/p>\n\n\n\n

Analysts said the country\u2019s large tourism base and relatively low proposed tax rate on gross gaming revenue (GGR) position it favourably in the region. They estimate that EBITDA margins for casino resorts could reach between 34 per cent and 49 per cent. That would surpass the performance of Macau and Singapore casinos, where tax rates on mass-market play range from 25 to 40 per cent.<\/p>\n\n\n\n

A special Senate committee has reportedly been tasked to review the bill. According to the Bangkok Post, the first meeting will take place today (April 23). The meeting will focus on appointing a chairperson, outlining the framework for the study and nominating a replacement for Piayura. The committee has 180 days to complete its work.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t<\/p>\n

\n\t\t\t\t\tSee also:<\/span> StarDream Cruises chooses Thailand as home port nation<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

StarDream Cruises previously operated under Genting Hong Kong before its bankruptcy.<\/p>\n","protected":false},"author":176,"featured_media":4531,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"StarDream Cruises has strategically chosen Thailand's Laem Chabang as the home port for its new vessel, Star Voyager, focusing on Southeast Asian routes and regional passenger markets. Concurrently, Maybank Securities analysts project Thailand's potential casinos could generate US$8.39bn annually with high EBITDA margins, as a special Senate committee reviews the integrated resort bill, indicating significant market opportunity and regulatory progression.","focusai_entities":"StarDream Cruises, Genting Hong Kong, Michael Goh, Maybank Securities (Thailand), Thai Maritime Enforcement Command Center, Bangkok Post, Piayura","focusai_location":"Thailand, Laem Chabang, Southeast Asia, China, India, Japan, South Korea, Hong Kong, Taiwan, Singapore, Malaysia, Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Thai Casino Regulatory Framework?","query":"What specific regulatory compliance and governance frameworks are being considered by the Thai Senate committee to ensure responsible gaming, market integrity, and B2B\/B2C licensing structures for potential integrated resorts?"},{"label":"Impact on Regional Casino Operators?","query":"How might the projected EBITDA margins for Thai casino resorts, surpassing those in Macau and Singapore, impact investment strategies and competitive dynamics for major integrated resort operators in the APAC region?"}],"footnotes":""},"categories":[157,16333],"tags":[],"class_list":["post-777025772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777025772"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025772\/revisions"}],"predecessor-version":[{"id":777025792,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025772\/revisions\/777025792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/4531"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777025772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777025772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777025772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}