Popular Post webfact Posted September 11, 2021 Popular Post Share Posted September 11, 2021 Hotel industry leader Phisut Sae-khu has called for a suspension of debt repayment for hotel owners in Pattaya until the foreign tourism industry returns to normal as he warned that they face extreme financial difficulty and are ready to sell out to investors from China. It comes as efforts to relaunch foreign tourism in October under ‘new normal’ arrangements and Sandbox schemes appear to be losing momentum with the country still well behind on its vaccination targets and a lack of interest from visitors. by James Morris and Son Nguyen The Minister of Tourism and Sports, Mr Phiphat Ratchakitprakarn, last week talked of a nationwide reopening to foreign tourists without quarantine based on the kingdom achieving herd immunity as defined by the Thai government. The minister also raised the prospect of resurrecting the old travel bubble concept or allowing entry from countries with high vaccination rates and low levels of infection from the 1st of January 2022. In Phuket, a hotel industry representative has called for the relaxation of alcohol restrictions which are turning off prospective visitors from booking holidays. A leading hotel and tourism industry leader in Pattaya has warned the government that many property owners are on the verge of selling out to foreign investors, particularly in China, as prospects for a recovery of foreign tourism are again receding. Mr Phisut Sae-khu of the Thai Hotels Association said such an outcome would mean a permanent, ongoing and irrecoverable loss to the wider Thai economy going forward. Full story: https://www.thaiexaminer.com/thai-news-foreigners/2021/09/11/pattaya-hotel-boss-warns-of-chinese-takeover/ -- © Copyright Thai Examiner 2021-09-11 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates 5 Link to comment Share on other sites More sharing options...
Popular Post Rookiescot Posted September 11, 2021 Popular Post Share Posted September 11, 2021 The carpet baggers have arrived. 10 1 1 Link to comment Share on other sites More sharing options...
Popular Post carlyai Posted September 11, 2021 Popular Post Share Posted September 11, 2021 6 minutes ago, Rookiescot said: The carpet baggers have arrived. Really only left for a short time during the latest wave. Back to China where it's Covid safe. ???? Be back in a few months. Think I should add another million onto my Pattaya house for sale. ???? 4 Link to comment Share on other sites More sharing options...
Popular Post ezzra Posted September 11, 2021 Popular Post Share Posted September 11, 2021 That's all good my friend, China is Thailand's best buddy, didn't you know it?... Thailand is in China pocket like it or not and so far China is acting like Thailand's "big brother" so it's all good... 7 2 2 Link to comment Share on other sites More sharing options...
Popular Post nausea Posted September 11, 2021 Popular Post Share Posted September 11, 2021 The Chinese can't own land, right? In fact, wasn't that why the ban on owning land was introduced in the first place, with us Farangs being collateral damage, so to speak. 8 1 Link to comment Share on other sites More sharing options...
Popular Post smedly Posted September 11, 2021 Popular Post Share Posted September 11, 2021 3 minutes ago, nausea said: The Chinese can't own land, right? In fact, wasn't that why the ban on owning land was introduced in the first place, with us Farangs being collateral damage, so to speak. income comes from the business/company 6 Link to comment Share on other sites More sharing options...
Popular Post DirtyHarry55 Posted September 11, 2021 Popular Post Share Posted September 11, 2021 Might be related topic below. From what I've heard China's been buying up a lot of land in company name as well. Won't be long before Asean becomes China-ASEAN. 3 1 1 Link to comment Share on other sites More sharing options...
Popular Post mikebell Posted September 11, 2021 Popular Post Share Posted September 11, 2021 1 hour ago, webfact said: herd immunity as defined by the Thai government. Anyone who has driven near a hospital twice in a month is immune. 1 3 Link to comment Share on other sites More sharing options...
itsari Posted September 11, 2021 Share Posted September 11, 2021 2 hours ago, DirtyHarry55 said: Might be related topic below. From what I've heard China's been buying up a lot of land in company name as well. Won't be long before Asean becomes China-ASEAN. A natural development geographically . Inevitable considering the growth of the country financially over the past 40 years . 1 Link to comment Share on other sites More sharing options...
DrJoy Posted September 11, 2021 Share Posted September 11, 2021 2 hours ago, DirtyHarry55 said: Might be related topic below. From what I've heard China's been buying up a lot of land in company name as well. Won't be long before Asean becomes China-ASEAN. Only foreigners who own a BOI approved company can buy land (100% ownership) 1 Link to comment Share on other sites More sharing options...
Popular Post Nabby Posted September 11, 2021 Popular Post Share Posted September 11, 2021 Pattaya will become Sihanoukville -a horrid Chinese hotbed of illegal activity, owned and run by them. Thailand will have to accept that it is at the same lowly level as Cambodia. 15 2 5 Link to comment Share on other sites More sharing options...
Popular Post John Drake Posted September 11, 2021 Popular Post Share Posted September 11, 2021 48 minutes ago, Nabby said: Pattaya will become Sihanoukville -a horrid Chinese hotbed of illegal activity, owned and run by them. Thailand will have to accept that it is at the same lowly level as Cambodia. A den of corruption! Sounds exciting! 1 2 Link to comment Share on other sites More sharing options...
petedk Posted September 11, 2021 Share Posted September 11, 2021 (edited) 3 hours ago, nausea said: The Chinese can't own land, right? In fact, wasn't that why the ban on owning land was introduced in the first place, with us Farangs being collateral damage, so to speak. They have ways around that. Many luxury houses near us have been bought up by a Chinese gang,. They came around here the other day taking photos of all the houses and asked us if our house was for sale. They have Thais to manage the houses which are then rented out to Chinese people. Yes, the company buys the properties. The website of the company mentions that they have a private jet, private helicopters and yachts and luxury cars (Rolls Royce, Porche etc.). Yes, it's all true. I happen to know someone who works for them and that person posts photos of the private jet and other houses on Facebook. When they start to buy the hotels we will see an invasion of Chinese tourists Edited September 11, 2021 by petedk 4 1 Link to comment Share on other sites More sharing options...
hotchilli Posted September 11, 2021 Share Posted September 11, 2021 4 hours ago, webfact said: A leading hotel and tourism industry leader in Pattaya has warned the government that many property owners are on the verge of selling out to foreign investors, particularly in China, as prospects for a recovery of foreign tourism are again receding. Mr Phisut Sae-khu of the Thai Hotels Association said such an outcome would mean a permanent, ongoing and irrecoverable loss to the wider Thai economy going forward. I guess a little veiled scare tactic might get them somewhere. Link to comment Share on other sites More sharing options...
Popular Post hotchilli Posted September 11, 2021 Popular Post Share Posted September 11, 2021 1 hour ago, Nabby said: Pattaya will become Sihanoukville -a horrid Chinese hotbed of illegal activity, owned and run by them. Thailand will have to accept that it is at the same lowly level as Cambodia. If the beach keeps eroding they might get a deep sea port to go with the town. 11 Link to comment Share on other sites More sharing options...
Popular Post sanuk711 Posted September 11, 2021 Popular Post Share Posted September 11, 2021 Does it really matter what Capitalist enterprise owns some hotels in Thailand. Most of the larger chain hotels here are foreign owned. One family from Maryland USA owns a chain of 32 different hotel groups, around the world. A lot of them in Thailand JW Marriott.-The Sheraton.-The Hyatt- The Ritz-Carlton.--...etc etc. And the news yesterday that Bill Gates has brought his partner Prince al-Waleed out for $us10 billion (Four Seasons Group) and says he will be expanding his buy up of Hotel chains especially in Asia. -Of course you buy when the conditions are best, the Chinese are just doing that --or as Baron Rothschild, said- "the time to buy is when there's blood in the streets, even if the blood is your own." 6 Link to comment Share on other sites More sharing options...
Popular Post robert888d Posted September 11, 2021 Popular Post Share Posted September 11, 2021 China will gradually take over Thailand. IT is only a question of time. 4 3 1 Link to comment Share on other sites More sharing options...
Popular Post placnx Posted September 11, 2021 Popular Post Share Posted September 11, 2021 2 hours ago, petedk said: They have ways around that. Many luxury houses near us have been bought up by a Chinese gang,. They came around here the other day taking photos of all the houses and asked us if our house was for sale. They have Thais to manage the houses which are then rented out to Chinese people. Yes, the company buys the properties. The website of the company mentions that they have a private jet, private helicopters and yachts and luxury cars (Rolls Royce, Porche etc.). Yes, it's all true. I happen to know someone who works for them and that person posts photos of the private jet and other houses on Facebook. When they start to buy the hotels we will see an invasion of Chinese tourists For the Thai revenue department, how will they be able to tax the income if it is collected from Chinese customers before they even enter Thailand? It's been noted before that many of these tourists add little to the local economy. 4 1 Link to comment Share on other sites More sharing options...
Popular Post placnx Posted September 11, 2021 Popular Post Share Posted September 11, 2021 2 hours ago, sanuk711 said: Does it really matter what Capitalist enterprise owns some hotels in Thailand. Most of the larger chain hotels here are foreign owned. One family from Maryland USA owns a chain of 32 different hotel groups, around the world. A lot of them in Thailand JW Marriott.-The Sheraton.-The Hyatt- The Ritz-Carlton.--...etc etc. And the news yesterday that Bill Gates has brought his partner Prince al-Waleed out for $us10 billion (Four Seasons Group) and says he will be expanding his buy up of Hotel chains especially in Asia. -Of course you buy when the conditions are best, the Chinese are just doing that --or as Baron Rothschild, said- "the time to buy is when there's blood in the streets, even if the blood is your own." Actually, a lot of chains only manage, and do not own the property or buildings. What you cite is completely different from the alleged situation in Pattaya. 3 Link to comment Share on other sites More sharing options...
Popular Post CartagenaWarlock Posted September 11, 2021 Popular Post Share Posted September 11, 2021 (edited) 6 hours ago, nausea said: The Chinese can't own land, right? In fact, wasn't that why the ban on owning land was introduced in the first place, with us Farangs being collateral damage, so to speak. They own land in the corporation name. Not in individual names, I would guess. Edited September 11, 2021 by CartagenaWarlock 3 Link to comment Share on other sites More sharing options...
Cake Monster Posted September 11, 2021 Share Posted September 11, 2021 With over 700 Hotels in pattaya, a little thinning out would not go amiss. 1 Link to comment Share on other sites More sharing options...
bang saen guy Posted September 11, 2021 Share Posted September 11, 2021 Now that we've been made aware how wealthy members of the RTP are, I am surprised they are not buying up these hotels. Link to comment Share on other sites More sharing options...
Taboo2 Posted September 11, 2021 Share Posted September 11, 2021 55555....Too late.....sorry, they are already there and will never return....Learn Chinese.....they have money, lots of money.....deal with it! Link to comment Share on other sites More sharing options...
Popular Post Taboo2 Posted September 11, 2021 Popular Post Share Posted September 11, 2021 6 hours ago, robert888d said: China will gradually take over Thailand. IT is only a question of time. China has "LT" plans for Thailand....only the Thais have no clue about what will happen to them until it is too late. 4 Link to comment Share on other sites More sharing options...
Denim Posted September 11, 2021 Share Posted September 11, 2021 11 hours ago, nausea said: The Chinese can't own land, right? In fact, wasn't that why the ban on owning land was introduced in the first place, with us Farangs being collateral damage, so to speak. Where there's a will there's a Wong ..............................and likely a Wang not far behind 1 Link to comment Share on other sites More sharing options...
Popular Post Leaver Posted September 11, 2021 Popular Post Share Posted September 11, 2021 8 hours ago, Nabby said: Pattaya will become Sihanoukville -a horrid Chinese hotbed of illegal activity, owned and run by them. Thailand will have to accept that it is at the same lowly level as Cambodia. I agree, and it has nothing to do with casinos, at this stage. The Chinese will bring in their own staff, their own hookers, and have their own illegal gambling rooms. This is on top of their own hotels, restaurants, bars, karaoke, and nightclubs. Chinese tourists will be transported to and from Thailand by Chinese airlines, and to Pattaya in their own coach buses, and to islands on their own boats. All the profits from the above will be repatriated back to China. The economic devastation of covid is going to elevate zero baht tourism to a whole new level. 8 2 1 Link to comment Share on other sites More sharing options...
rebo Posted September 11, 2021 Share Posted September 11, 2021 12 hours ago, webfact said: achieving herd immunity as defined by the Thai government. I‘m not sure whether this is the right institution to define herd immunity. 1 Link to comment Share on other sites More sharing options...
Stargeezr Posted September 11, 2021 Share Posted September 11, 2021 This is why China has not yet, gone out to invade another country with its military. China just buys many assets of another country, and basically owns that other country indirectly. Pretty clever. I am impressed with the Chinese military, and the fact that their spqce industry is very advanced as well. China will have its own version of a space station soon, as it likes its own control, and not some other country. A bit scary, but this is the world we live in. After all the Taliban has taken over Afghanistan again. Just more to think about. Good Luck Thailand. Geezer 1 2 Link to comment Share on other sites More sharing options...
Albert Zweistein Posted September 11, 2021 Share Posted September 11, 2021 3 hours ago, Taboo2 said: China has "LT" plans for Thailand....only the Thais have no clue about what will happen to them until it is too late. Like Montenegro. 1 Link to comment Share on other sites More sharing options...
Albert Zweistein Posted September 11, 2021 Share Posted September 11, 2021 8 hours ago, placnx said: Actually, a lot of chains only manage, and do not own the property or buildings. What you cite is completely, different from the alleged situation in Pattaya. 100 % correct, they rent the real estate. Link to comment Share on other sites More sharing options...
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