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Timeshare Investigation Brings Scrutiny To Sector

Category: Real estate, Posted:28 May 2011 | 09:52 am

Reports of a new government task force with joint agency cooperation is set to bring the island's shared ownership under increased regulatory vigilance.
An increasing number of consumer complaints have been received recently highlighted by allegations over company defaults and non fulfillment of obligations to buyers.
Patong is at the center of the squall, where the municipality has been working to control overzealous sales and marketing pitches on the street and in shops where tourist feedback is increasingly negative.
While Phuket has a long history of quality vacation ownership companies, a recent surge in start-up's and the domino effect of competition driven pressure is starting to bring a wave of issues to the limelight.

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 […]