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Cash-Strapped Small Hotels In Phuket Appeal For Help


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Phuket’s Patong beach. Photo: Dennis Sylvester Hurd

 

by TNR Staff

 

SMALL hotels in Phuket are facing dire financial problems with several having been seized by financial institutions that have put them up for sale while 200 others are in the process of being seized by the Legal Execution Department, Thansettakij newspaper said yesterday (July 13).

 

Around 50 small hotel owners held a protest at the parking lot behind Krungthai Bank branch at Patong beach yesterday to draw attention to their financial difficulties during a visit to the tourist island by Deputy Prime Minister Wissanu Krea-ngam and his team.

 

They had displayed placards on their financial woes but the demonstration ended peacefully after they were allowed to submit their petition to members of this delegation.

 

Source: https://thainewsroom.com/2022/07/13/cash-strapped-small-hotels-in-phuket-appeal-for-help/

 

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6 hours ago, StayinThailand2much said:

And I was under the impression that Phuket was overrun by Indian billionaires (judging from recent news items) ... ????

Billionaires stay in 5-star resorts, they don't stay in small hotels...:whistling:

Edited by khunPer
typo
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7 hours ago, webfact said:

Around 50 small hotel owners held a protest at the parking lot behind Krungthai Bank branch at Patong beach yesterday to draw attention to their financial difficulties during a visit to the tourist island by Deputy Prime Minister Wissanu Krea-ngam and his team.

Phukets had all the ace cards since tourism was re-started with the sandbox scheme...

 

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7 hours ago, webfact said:

seized by financial institutions that have put them up for sale

Seems like a very well thought out solution....

 

Repo a hotel that fails due to no guests for two years, nor for the foreseeable future, and market it as a great investment.

 

Too bad foreigners can't buy a hotel, there are an awful lot of gullible ones on this forum....

 

 

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Stayed on Phuket for a week in June; two different Hotels, 5 Star in Patong for 800 Baht a night, Buffet Breakfast Included and a 5 Star Beachside Resort for 1,000 a Night with Buffet Breakfast included.  Both were bargains and we had several cheap Taxi rides and a cheap Island Tour, 9am-4pm  1,000 Baht in a nice SUV.    In Rawai at the Seafood Market we ought live Asian Lobstes and had them cooked for 50 Baht each at a Restaurant Opposite.

 

This is not the Phuket of five years ago with everything overpriced and constant gouging; once again it's become a pleasure to go there and the only Tourists apart from a few Thai's were Arab Men and a few Indian Families.

 

We saw many Hotels, Restaurants and Cafe's closed and several for sale; even the Central Mall in Patong is still not open as not enough visitors for them.

 

You can't feel sorry for all the Traders though; as many were fleecing the Golden Goose for the last 20 years or more without ever thinking about 'what might happen tomorrow ? '.

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3 hours ago, hotchilli said:

Phukets had all the ace cards since tourism was re-started with the sandbox scheme...

 

Small hotels didn't. It was almost impossible for guesthouses and small opertors to get SHA+ approval.

 

And with large hotels selling rooms at a fraction of their normal rates they simply didn't get any customers.

Edited by madmitch
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10 hours ago, trainman34014 said:

Stayed on Phuket for a week in June; two different Hotels, 5 Star in Patong for 800 Baht a night, Buffet Breakfast Included and a 5 Star Beachside Resort for 1,000 a Night with Buffet Breakfast included.  Both were bargains and we had several cheap Taxi rides and a cheap Island Tour, 9am-4pm  1,000 Baht in a nice SUV.    In Rawai at the Seafood Market we ought live Asian Lobstes and had them cooked for 50 Baht each at a Restaurant Opposite.

 

This is not the Phuket of five years ago with everything overpriced and constant gouging; once again it's become a pleasure to go there and the only Tourists apart from a few Thai's were Arab Men and a few Indian Families.

 

We saw many Hotels, Restaurants and Cafe's closed and several for sale; even the Central Mall in Patong is still not open as not enough visitors for them.

 

You can't feel sorry for all the Traders though; as many were fleecing the Golden Goose for the last 20 years or more without ever thinking about 'what might happen tomorrow ? '.

Steady on, most who are posting on here don't want to hear anything positive!

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