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

Phuket’s Massive Bangtao Property Surge Set to Reset Destination

Category: Hotels|Real estate|Tourism, Posted:05 Nov 2023 | 11:08 am Phuket’s once-quiet beachside west coast community of Bangtao is experiencing an unparalleled surge in real estate development. According to new research from C9 Hotelworks, there are currently 7,842 condominium units (click to see upcoming project map). Added to the supply influx are just over 2,400 upscale and luxury homes, which equate to a pipeline of […]
Read more

New C9 Hotelworks Research Report on Hakuba, Japan Tourism and Property Market

Category: Real estate|Tourism, Posted:02 Nov 2023 | 15:19 pm C9 Hotelworks has released an exciting new market research report Habuba Tourism and Property Market Review. Hakuba, renowned for being part of the 1998 Nagano Winter Olympics, has evolved from a seasonal Australian-focused skiing destination into a year-round getaway.   It is located within a three-hour drive from Tokyo. The valley has witnessed increasing development, attracting […]
Read more

Tourism recovery and branded residences top C9 Hotelworks new Niseko market report

Category: Hotels|Tourism, Posted:31 Oct 2023 | 11:29 am C9 Hotelworks new Niseko Tourism and Property Review has just been released and shows a flight to brands. The report highlights that 74% of pipeline projects are branded. In the wake of Niseko’s official border reopening in October 2022, the area has witnessed a substantial influx of visitors, reaching 2.6 million in YTD2023. This represents […]
SiaJai logo

Thailand's Leading Homecare Marketplace