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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.

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Phuket’s Koh Siray Adds A New Hotel

Category: Hotels, Posted:22 Jan 2022 | 15:45 pm Phuket’s east coast has a new hotel with the recent opening of the Sinae Hotel in Koh Siray. The resort offers a collection of 64  studio units, and lifestyle as well as private pool villas. A key feature of Sinae is its elevated hillside ocean views. Access to nearby Phuket Town is ten minutes from […]
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The Aussies Are Coming

Category: Hotels|Tourism, Posted:22 Jan 2022 | 14:53 pm For Phuket hotel sales and marketing teams, the go-to-market has been Russia during the height of the winter snowbird season. With March fast approaching and Thailand’s approval of a revised Test & Go program from the beginning of February, hoteliers are looking at the vast void of the second quarter of the year. Certainly, domestic […]
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Patong Hotel Conversion For Banyan Tree’s New HOMM Brand

Category: Hotels, Posted:12 Jan 2022 | 08:00 am The 71-room Bliss hotel in Patong, Phuket has been converted to Banyan Tree’s HOMM brand. Banyan Tree is looking to fast-track expansion with three new brands a key strategy of conversions of existing hotels. The HOMM Bliss Southbeach Patong is the debut for the lifestyle-focused HOMM. Expect more announcements shortly on new Banyan Tree brands […]
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