File photo

 

Thai business media reported that the Centara Beach Resort in Hua Hin has lost between 70-80 million baht in the last six months alone. 

 

They rent a 72 rai plot from the state railways. 

 

A meeting of the SRT board chaired by Department of Land Transport chief Jirut Wisanjit has opted to defer rental payments for six months but a renegotiated contract could begin as early as next month.

 

They paid around 4.7 million baht a month in rent but this has already been reduced by 50% and 30% in different time periods to help the hotel. 

 

-- © Copyright Thai Visa News 2021-04-27

 

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3 hours ago, webfact said:

reduced by 50% and 30% in different time periods to help the hotel. 

 

Why not....it's only Thai peoples money.I am sure they will

help out by paying more taxes when things pick up ????

regards worgeordie

this is news? have a look around the world..

I haven't stayed there but I've walked around the property.  It feels dated and only a few overpriced rooms actually have a seaview.  Centara hotels also in my experience suffer in the quality food department.  The remodeled Hilton or the Marriott offer a much better experience and booking online they have great deals.  The location is good, close to the train station.