New Talks On Extending Foreign Leasehold
Category: Real estate, Posted:22 Apr 2011 | 06:00 am
According to published media reports Thailand's Minister of the Interior has been quoted as saying a petition to allow foreigners property leases of 50 or 90 years could be in the works.
While the foreign ownership issue remains highly charged by Thais who consider this to be a an issue of national sovereignty, the extension of the existing leasehold threshold of 30 years appears to be the path of least resistance.
Though one clear set back could be this year's election and any changes in the political landscape of the country.
Destination Ink Radisson For Patong HotelCategory: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]