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Thailand Elite Card Teeters on the Edge

Category: Tourism, Posted:03 Aug 2009 | 08:59 am

Six years in and less then 3,000 members later, Thailand Elite the brainchild of former Prime Minister Thaksin Shinawatra who targeting over 100,000 members in just the first year is teetering on the edge of financial collapse. With losses well over one billion Baht the Cabinet is set to shortly decide whether to close the scheme, privatize or else move it over to the Tourism Authority of Thailand.
Reports in the media have said that it remains doubtful the fund will be terminated as legal actions and substantial liability could incur massive debt in a current economy which is struggling with a downturn. Other options are being studied but for now what was hailed as a key pilot program in attractive overseas investors and high net worth individuals remains an ill advised marketing gimmick which had little financial long term fundamentals.

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Cambodia Business Briefing – What Comes Next?

Category: Hotels|Real estate|Tourism, Posted:19 Oct 2021 | 08:13 am Hotels, tourism, and real estate are featured in next week’s virtual event – Cambodia Business Briefing. Organized by C9 Hotelworks and Delivering Asia Communications, the session will be on Tuesday 26th October, 3:00 pm Phnom Penh/Bangkok Time | 4:00 pm Singapore/Hong Kong. Cambodia remains one of Asia’s top-up and coming marketplaces. Pre-pandemic, its pace of […]
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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]