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Underground Hotel Ban Hits NY, Paris, Maui

Category: Hotels, Posted:26 Aug 2010 | 06:00 am

First came a legal action in Maui over complaints from fulltime residents over high volumes of tourists renting in residential complexes.
Next up Paris, where the Mayor headed legislation against transient short term visitors where no term less than 1 year is now allowed.
This also was meant to hit the speculative real estate investment sector where overseas investors had started to eat into the market, often making minimal use of an apartment and then focusing on a rental yield strategy to boost recurring income.
Now the Big Apple New York has outlawed rentals which are 30 days or less. There is an exception with bed and breakfast operations in which the owner is present.
The underground hotel movement or alternative accommodation market has continued to be a global phenomenon often taking advantage of vague legal structures and in many cases becoming direct competitors to hotels which have to pay substantially higher taxes and are often severely regulated.
For now the alternative or gray market is continuing to grow but as Phuket continues to see more competition from residences operating as hotels, expect pressure to come on taxation and regulatory procedures in the not too distant future.

Other News

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Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
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C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]
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SHA Plus Program In Focus

Category: Hotels, Posted:06 Jun 2021 | 13:17 pm A key part of the upcoming Phuket Sandbox reopening process is the requirement for incoming international travelers to stay in an SHA Plus hotel for 14 days, or shorter if only visiting the island. Those who want to travel onward to other destinations in Thailand can proceed after a 14-day period. As travelers are scrambling […]