It was founded in 1966 and at its peak had employees in more than 30 sales offices, located in Hong Kong, Macao, China (Guangdong Province), United States, Canada, Thailand and Taiwan.

The father-and-son pair ceased to be primary shareholders in 2011, when they sold Hong Thai's majority of shares to HNA Group, who sold Hong Thai to the Chinese tourism service group Caissa Tosun (凯撒旅业) in a 2019 restructuring.

[1] Under the backdrop of the COVID-19 pandemic, Caissa Tosun liquidated Hong Thai in October 2022, citing its negative net asset value of over 68 million Chinese yuan reported by the end of June.

[3] Twenty-five people, part of a tour group from Hong Kong, were taken hostage on a bus by the gunman, Rolando Mendoza, a former police officer.

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