TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Phuket Hotel Owners Driving Without Licenses

Category: Hotels, Posted:07 Oct 2010 | 06:00 am

In somewhat taxing times, pardon the pun the Provincial Government have targeted hotel owners who are currently evading payments. According to figures reported of 702 hotels only 273 are licensed on the island.
Along with obvious tax concerns other issues citied include the lack of appropriate building permits and environmental approvals which are needed in order to obtain a formal hotel license.
One consequence of the lack of licenses has come up in a number of intended hotel transactions where sales have not pushed though once due diligence started and it was found that the seller lacked the required documentation.
Another short term ill of the existing hotel license regime in the lack of formal guidelines for non- traditional accommodation including condo hotels and private pool villa developments which operate and are sold as hotels.
Many owners have expressed willingness to get a license and pay tax but there is simply no allowance for these products in the current Thai Hotel Act.

Other News

Read more

From Spas to Longevity: Phuket Evolves into a Global Wellness Tourism Leader

Category: Hotels|Real estate|Tourism, Posted:29 Nov 2024 | 08:10 am Wellness tourism is in great shape. One of the fastest growing areas of the tourism industry, the sector has grown from a niche market for committed health seekers to become a THB 219 trillion (USD 6.3 trillion) global powerhouse. At the heart of this revolution is Asia Pacific, which accounts for 30% of the worldwide […]
Read more

C9 Session Today On Phuket’s Wellness Sector for Hotels, Tourism and Real estate

Category: Hotels|Real estate|Tourism, Posted:27 Nov 2024 | 07:30 am There is still time to register for today’s C9 Session (Wednesday 27th November 2027, which will be held at the Amora Phuket Resort Bangtao. How is Longevity and a health-focused lifestyle changing the face of the wellness industry? Join us for a unique 90-minute learning session featuring experts from international medical wellness, tourism, resort and real […]
Read more

New Onyx and Equatorial JV Hotel for Kata Phuket

Category: Hotels|Real estate|Tourism, Posted:19 Nov 2024 | 09:27 am A new 180-room branded property, the EQ Phuket has been announced for Kata Beach. The property, which is located next to Club Med, was developed by a joint venture between Thailand’s Onyx Hospitality and Malaysia’s Equatorial Group. Investment into the project is THB2.5 billion (approximately USD72 million). Equatorial Group, a legacy Asian hotel group, has […]
SiaJai logo

Thailand's Leading Homecare Marketplace