Search Results for: Thai hotel
- Business News
Thai hotels seek tax breaks for renovations and EV charger installs
Operators of Thai hotels are advocating for tax deductions or subsidies to support renovation investments, especially those focused on green energy initiatives. The Tourism Authority of Thailand (TAT) also urged hotels in second-tier cities to install electric vehicle (EV) chargers to cater to the increasing number of travellers using EVs. The Thai Hotels Association (THA) is set to meet with…
- Thailand News
Thai hotels oppose plan for 75% foreign condo ownership
The Thai Hotels Association (THA) expressed strong opposition to the government’s plan to allow foreigners to own up to 75% of condominium units, warning that it could lead to intense price competition and market disruption. Concerns were raised during a meeting where members discussed significant issues impacting the hospitality industry. During the meeting, Tourism and Sports Minister, Sermsak Pongpanich delivered…
- Thailand video news
Thailand Video News | Thai women ranked 5th most beautiful in ASEAN, British tourists swarmed in Thai hotel room
For Thailand video news today, Alex shared an American report ranking Thai women as the 5th most beautiful in the ASEAN region. British tourists were swarmed in their hotel room by 2,000 thousand moths while visiting Pai. A Russian tourist in Phuket was reported to police after spitting on a Thai woman and trying to slap her. Pro-cannabis protestors are…
- Business News
Thai hotels urge reform of unfair land and building tax rates
Hotels are calling for a revision of the property tax calculation based on land appraisal prices and business income to address the uneven recovery within the hospitality industry. President of the Thai Hotels Association (THA) Thienprasit Chaiyapatranun highlighted that the land and building tax remains a significant challenge for hotel operators. This year, the full rate is set to be…
- Thailand News
Thai hotels hit hard as property tax breaks end
Thai hotels are facing an uphill battle this year as the government pulls the plug on property tax reductions and energy prices soar, sending operating costs skyrocketing by 10%. Marisa Sukosol Nunbhakdi, the President of the Thai Hotels Association (THA), reveals the dire consequences for hotel owners who enjoyed a 90% tax discount in 2020-21, only to see it evaporate…
- Business News
Thai hotel sector sees pre-pandemic level investment surge
Thailand’s hotel sector is undergoing a resurgence in investment mirroring pre-pandemic levels, with the boost being propelled by an increase in hotel conversions and an uptick in bank lending, because of a hopeful tourism market. The information is according to C9 Hotelworks, a hospitality consultancy firm. The firm’s managing director, Bill Barnett, reported an upbeat market and investment sentiment, thanking…
- Thailand News
British tourist’s lost wallet returned by Thai hotel worker
A British holidaymaker on Koh Samui Island in Thailand is set to return home with a pleasant memory following a hotel worker’s return of his lost wallet during the new year celebrations. The wallet was found on Bophut Beach by Pakdee Trirat, an employee at the Holiday Inn Samui, amidst the festivities on the night of December 31. Surat Thani…
- Business News
UHG announces 3.1 billion baht investment in new Thai hotel developments
UHG, a prominent developer of hotels and offices, has announced plans to invest 3.1 billion baht in the construction of two new hotels in Ramkhamhaeng and Phaya Thai. The investment supports UHG’s strategy to capitalise on the potential of these areas and cater to the high demand experienced by its nearby hotels. Wutthiphon Taworntawat, the managing director, highlighted the strategic…
- Tourism News
Thai hotel industry fears revenue and tax loss over reclassifying small properties
The Thai Hotels Association (THA) voiced concerns over recent ministerial regulations that exclude accommodations with fewer than eight rooms and 30 guests from being classified as hotels. The THA predicts this new rule will result in a 15-20% decrease in hotel tourism revenue, heightened safety risks, and loss of tax revenue. This regulation, announced in the Royal Gazette, has been…
- Business News
Thai hotel chains unfazed by political uncertainty, anticipate revenue growth
Despite the ongoing political uncertainty, Thailand’s major hotel chains remain optimistic, as long as the situation stays peaceful and avoids any violent unrest. Centara Hotels and Resorts (CHR) and Minor International Plc voiced their confidence in their ability to weather any potential political storms, providing the environment remains stable. Gun Srisompong, the chief financial officer of CHR, stated that any…
- Business News
Hotel Act concerns addressed by Thai Hotels Association due to government’s registration rules
The Thai Hotels Association (THA) has taken a positive step by welcoming the Ministry of Interior’s new regulations. These rules will now classify smaller accommodations that were operating before 2016 as hotels. This decision is expected to result in increased tax collection, providing additional income for the government. However, the proposal to exempt larger accommodation facilities from registration under the…
- Thailand News
Breaking the glass ceiling: Thai hotels push for gender equality at women’s hospitality event
As a study reveals that 90% of general managers in Thai hotels are men, an important event in Phuket aims to understand why women still encounter barriers to career progression. Gender equality is high on the agenda for Thai hotels as a hospitality event held recently in Phuket addressed the imbalance in the industry in leadership positions for highly qualified…
- Tourism News
Survey shows over half of Thai hotels are considering closing due to low demand
A survey conducted by the Bank of Thailand and the Thai Hotels Association shows that 52% of hotels are considering closing temporarily and 9% want to shut down for good. 62% plan to reduce their workforce costs as a result of the financial fallout from Covid-19, while 61% say they will cut expenditure elsewhere. The Bangkok Post reports that the…
- Thailand News
Thai Hotels Association urges attention for domestic tourism
Doubting PM Prayut Chan-o-cha’s pledge to reopen Thailand fully to international tourists by mid-October, the Thai Hotels Association is calling on the government to focus on plans to boost domestic tourism. The association says that the Thai government is laser-focused on international tourism and on achieving the reopening goal, but a backup plan is needed to encourage domestic tourism if…
- Tourism News
Thai hotels call for extension to domestic travel stimulus packages
The Thai Hotels Association is urging the government to extend the domestic travel stimulus schemes, set to end on September 30. THA president, Marisa Sukosol Nunbhakdi, says the stimulus packages, “We Travel Together”, which subsidises flights and hotel accommodation, and the Tour Teaw Thai co-payment scheme, must be continued until the current Covid-19 crisis is under control. She points out…
- Tourism News
Survey finds nearly half of Thai hotels can stay afloat for less than 3 months
A recent poll of the Thai hotel industry shows that 47% of those surveyed only have enough liquidity to sustain less than 3 months of business. The Bank of Thailand has published its confidence index of hotel business operators for April 2021 and the findings make for grim reading. According to a Nation Thailand report, a total of 188 hotels…
- Covid-19 News
Thai Hotel Association pushes “hospitels” – hotels as hospitals
With the third wave of Covid-19 ripping through Thailand, hospitals are rapidly filling up and the Thai Hotels Association has proposed “hospitels” as a creative solution. The portmanteau of “hospital” and “hotel” is the THA’s brainchild for creating more space for the growing number of Covid-19 infections that require treatment or at least observation as Thailand hits record daily case…
- Covid-19 News
Thai hoteliers want Emergency Decree to be used to speed up vaccines
Thailand’s hoteliers are wanting the Emergency Decree to be used to speed up vaccinations to fast track the scheduled reopening of the country by July. They say PM Prayut should use the power of the decree to let companies import vaccines with the FDA helping the move by approving more vaccines at reasonable prices. William Heinecke, founder and chairman of…
- Expats
Thai hotels to offer 1,000 baht discounts for expats
To stimulate domestic tourism and help revive the economy after the pandemic, hotels plan to offer expats a 1,000 baht discount on rooms until the end of the year. A debt moratorium, put in place to help businesses hurt by the pandemic, is ending this month and hotels need a boost. The Thai Hotels Association, or THA, says they will…
- Tourism News
Thai hotels concerned extra holidays may not benefit all
As the Cabinet confirms two additional long weekends in November and December, the country’s hotels are concerned that not all operators will benefit. The extra holidays, running from November 19 to 22, and from December 10-13, are being introduced to further boost domestic tourism. Although they have been given a cautious welcome by hotel operators, the Thai Hotels Association points…
- Tourism News
Expats should get travel stimulus deals, Thai Hotels president says
Expats might be included in the next wave of tourism incentives, at least that’s what the new president of Thai Hotels Association is pushing for. Those who live and pay taxes in Thailand should have equal rights as Thai nationals, the association’s president Marisa Sukosol Nunbhakdi says. Thai nationals have been able get deals on travel through the domestic tourism…
- Covid-19 News
The transformation of Thai hotels under the ‘new normal’ – CBRE
The full impact from Covid-19 could be prolonged, even after the actual virus is finally brought under control. CBRE, an international property consultant, expects Thailand’s hotel industry will undergo inevitable changes as part of the ‘new normal’. A new report says there will be an added emphasis on hygiene, a redefined restaurant concept, new partnerships and design alterations in line…
- Covid-19 News
30,000 Thai hotels to lose all revenue during April
According to the Thai Hotels Association, out of the 32,564 hotels registered in Thailand, 95% will lose all revenue during April as the temporary lockdown escalates around the country. Adviser to the THA, Surapong Techaruvichit says that the number of hotel closures is growing every day as more provinces have imposed stricter lockdown policies. “Phuket is the latest major tourism destination…
- Covid-19 News
Hundreds of Thai hotels seek aid to protect employees
Will the Thai Social Security Office compensate hundreds of hotels pursuing emergency assistance? Hotels are doing it hard as tourism has come to a virtual halt inside Thailand and hotels are either closing or scaling back their operations substantially. Yesterday, The Thai Hotel Associations sent a letter to the Thai Chamber of Commerce notifying them that hundreds of hotels are…
- Property
Amnesty program for unlicensed Thai hotels finishes September 9
PHOTO: We needed a photo of a small hotel. So this is The Small Hotel in Krabi (already licensed!!) The Thai government has issued guidelines for unlicensed hotels under their amnesty program. Hotels must submit applications and complete improvements before September 9, so time is of the essence. Baker McKenzie Thailand has outlined the process and guidelines which we are republishing…
- Tourism News
Phuket tourism down up to 30% – Thai Hotels Association
Translated from Manager Online | PHOTO: Surin Beach, Phuket Quoting a leading hotelier, Manager Online says it was obvious that tourism in Phuket was “going down the pan”. Manager Online has penned a doomsday article about Phuket’s tourism, saying… “it was obvious to anyone that tourism had been in decline for years with less tourists and less revenue. But why…
- Tourism News
Is Airbnb taking over the Thai hotel industry?
Airbnb is posing a less significant threat to hotels in Thailand than expected, but its influence in the longer term should not be underestimated, according to real estate company JLL Offering new alternatives to travellers, Airbnb is certainly taking some of the wind out of the sails of the traditional hotel accommodation model. However, findings from Jone Lang Lasalle (JLL) shows…
- Business News
Strong baht a concern for Thai hotel sector
by Bill Barnett Thailand’s baht performance against Asian currencies in 2018, was unmatched, with the exception of the Japanese yen. Commenting on the trend financial news Bloomberg have highlighted that in 2019, a further 4% in growth this year have it sitting at the top of the table. Oddly, one of the underlying factors stimulating the baht’s appreciation is the…
- Phuket News
More than rooms for sale at Thai hotels
PHUKET: More than 100 hotels and resorts in Thailand are now for sale, as operators succumb to the impacts of the economic crisis and political unrest, industry insiders say. The number is expected to rise if the situation does not improve within two years, said Chanin Donavanik, chief executive officer of one of Thailand’s largest hotel chain operators, Dusit International.…
- Thailand video news
Thailand Video News | Six Vietnamese nationals found dead in Bangkok hotel in suspected murder-suicide linked to 10 million baht debt, Chinese influencer murder suspect arrested in Macau
In Thailand Video News, Jay and Alex share more details about the six Vietnamese nationals who were found dead in a Bangkok hotel, that are now suspected of being involved in a murder suicide linked to a 10 million baht debt. A suspect who allegedly murdered Chinese influencer Yan Ruimin has been arrested in Macau. A 64-year-old woman in Krabi…
