Find our most recent stories tagged by their locations. Click here for more story locations.
Posted: 07 Oct 2010 | 6:00 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.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
While we hope for the best that Phuket's new airport expansion will have some green focus, it's encouraging to view Singapore's Changi as setting a global standard.
Flying always gives me a chance to look outside the box and today a news article in SikAir's in-flight magazine caught my imagination.
CENTEL 35.00 - 1.00 %
DTC 57.00 - 2.25 %
ERW 4.02 - 0.14 %
GRAND 1.11 - 0.01 %
LRH 28.25 - 0.25 %
MANRIN 25.75 0.00 %
MINT 24.00 0.00 %
ROH 27.00 - 2.75 %
SHANG 50.00 + 0.75 %
Library of published hospitality, tourism and property market intelligence.
Get Off The Beaten Track - Soma Journeys
PHUKET GAZETTEMerry in the Maldives
PROPERTY REPORT SOUTH EAST ASIAThe Great Toast Crisis