Government Continues Fee Exemption for Hotel Businesses

[snoop1130]

 

The Deputy Government Spokesperson, Karom Polpornklang, has announced that the Cabinet has approved a new law to extend the period of fee waivers for hotels. This move, suggested by the Ministry of Interior, is aimed at helping hotels lower their costs in the continuing aftermath of the COVID-19 pandemic.

 

Karom explained that the waived fees would cause a yearly revenue deficit of around 27 million baht, based on the projected 677,500 hotel rooms in 2024. However, the step is seen as a way to provide aid and lessen the financial stress for hotels that are still recovering from the ramifications of the pandemic.

 

 

Tourism, a major sector, experienced a significant decrease in foreign visitors due to COVID-19. In 2019, it accounted for roughly 11.5% of Thailand's GDP, with close to 40 million tourists. But the pandemic caused a steep decline in these numbers, with merely 7.16 million tourists arriving in the initial 10 months of 2022.

 

As a response to this drop, the government rolled out support measures for the hotel industry, which included fee waivers and other marketing initiatives.

 

File photo for reference only

 

-- 2024-06-26

 

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[ikke1959]

When doesn't the Government stop helping these hotels... If they are too expensive no innovations or lack of good service people will not book them and when they get bankrupted and that is good for the ones who are doing their best and fulfill the wishes of the customers. It is called doing business.. Some times you win sometimes you loose and if you don't do anything your business is doomed.. Easy peasy