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IT'S OVER Thailand Elite Card Closing Down

Category: Tourism, Posted:02 May 2011 | 06:00 am

The beleaguered Elite Card or more correctly Thailand Privilege Card Co., will be wrapped up due to financial insolvency according to a government release.
Things still appear to be sticky with an existing international membership of 2,565 and 85 employees.
It's been quoted in the local press that a budget of THB2.5 billion has been set aside by the government to settle with existing customers and close out expenses.
What's left for many is the painful memory of a high profile initiative by former Prime Minister Thaksin Shinawatra which went awry.

Other News

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Phuket Airlift To Koh Samui Is Back

Category: Tourism, Posted:23 Oct 2020 | 16:26 pm Bangkok Airways has announced the return of flights between Phuket and Koh Samui. According to the Phuket News service commences Sunday, October 25th leaving Phuket at 12:20 pm and arriving in Samui at 1:15 pm. There will also be a resumption of flights between Phuket and Hat Yai between Phuket and U-Tapao (Pattaya). The return […]
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Khao Lak Hotel Supply Continues To Expand

Category: Hotels, Posted:22 Oct 2020 | 06:00 am Despite the downturn of Covid-19, hotel investment confidence in Khao Lak remains positive in the long term. One sign of this is a newbuild Pullman-branded Khao Lak Resort Is set to open on 1st December. The 253-key beachfront hotel and villa property features a design by Martin Palleros of Tierra Design.  Palleros is the architect […]
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Minor’s Bill Heinecke Speaks Out About Chinese Return

Category: Hotels, Posted:21 Oct 2020 | 11:40 am We had a candid conversation a few days ago with Minor International’s Founder and Chairman Bill Heinecke about Thai tourism. Two key takeaways from the conversation were: The Asian financial crisis of 1997 was a walk in the park compared to the damage to the Thai economy during Covid-19. Thailand must find a way to […]