Minor’s Bill Heinecke Speaks Out About Chinese Return
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 bring back the Chinese tourism market as soon as possible and the current STV (Special Tourist Visa) that requires quarantine is not enough for hotels to stabilize cash flow. The country has to reopen soon or the hotel trade will falter.
You can watch the entire conversation at the following LINK.
Yesterday C9 Hotelworks and Delivering Asia Communications hosted the one-hour virtual event Funkytown, a dive into the emerging arts, culture, food, and hotel scene in Bangkok with a special segment on Phuket Town.
The following LINK can be used to see the full replay of this exciting session.
We live in challenging times but now is the time for hotels to be heard and stay positive. Keep the faith Thailand, this too will pass.