Thai trade disappointed over miniscule relief package
Sirima Eamtako,
TTG Asia
Thai Hotels Association president, Prakit Chinamourphong,
said hotels, despite being hardest hit by recent events, only received a
property tax waiver of 80 baht (US$2.50) a room until December 2011 in the
tourism relief package approved by the Cabinet on Tuesday. “Hotels are
likely to run low occupancies for at least three to six months. It’s
impossible to stay afloat with such little help.”
He added that the measure that shaved up to 15,000 baht
off the personal income taxes of Thais buying local travel packages from
tour operators should have been extended to all registered tourism
establishments.
Large hotels had hoped for a loan package, while small
and medium-sized enterprises (SMEs) wanted five billion baht more. The
Cabinet only approved to maintain the five-billion baht scheme for SMEs,
with the repayment period extended from five to eight years.
Tourism Minister Chumpol Silpa-archa said he would
re-propose the loan scheme for large hotels to the government but needed
more details on losses and requirements.
Dusit International CEO, Chanin Donavanik, estimated a
loss of 100 to 200 billion baht for the Thai tourism industry this year. The
tourism relief package was just a drop in the ocean of losses, he said.
Smaller stimulus budget forces TAT to revise marketing plans
Sirima Eamtako,
TTG Asia
The Tourism Authority of Thailand (TAT) is revisiting its
existing tourism marketing budget after the Cabinet approved only 22.5 percent
of the total requested stimulus.
The TAT sought an ad hoc budget of 1.6 billion baht for an
image campaign in the aftermath of the recent political crisis, but only
received 360 million baht for domestic tourism marketing.
TAT governor Suraphon Svetasreni said the extra amount for
domestic tourism would be spent on four projects - creating tour packages in
consortium with domestic tour operators, staging Thai Tourism Festivals in five
regions, events marketing and online tools.
Domestic tourism will be marketed under a Thai campaign,
translated as “Give Thailand a warm hug”.
Suraphon said for inbound tourism, marketing departments for
long haul and short haul markets would have to adjust their strategies based on
the existing budget. A mega familiarization trip for about 500 to 600 overseas
agents and media will be held in early July while an image campaign is in the
works.
He said TAT planned to announce its short-, medium- and
long-term strategies for Thailand tourism recovery on June 17. (At press time,
the strategies had yet to be announced.)
Colliers International Thailand
appoints new director of hospitality
Colliers International Thailand has recently announced
the appointment of Jean Marc Garret, a French national, as director of
hospitality, to direct the growing business of hotels and leisure.
Jean Marc Garret, director of hospitality at Colliers
International Thailand.
In his new role, Jean Marc in addition to the fundamental
hotel brokerage activity of the group in Thailand, will be responsible for
the company’s Consultancy Services Division, hotel financial assistance,
corporate solutions, project development support, asset management as well
as assisting in the development of investment programs and all related
opportunities.
A 30 year hotel veteran, he brings with him a wealth of
experience in the tourism and travel industry. A graduate of the University
of Law and Economics of Nice in France, Garret first arrived in Thailand
more than 22 years ago to participate in the opening of Le Meridien in
Phuket. He has since become a resident of Thailand where he also served as
honorary consul of the Principality of Monaco and president of the Franco
Thai Chamber of Commerce.
Garret is particularly well known within the hospitality
industry circles for his keen business acumen and foresight in the field of
development as well as management of hotel properties. He has diverse
records of success in the areas of consulting and operations with global
hotel chains such as Accor, Le Meridien and Choice Hotels International in
Thailand.
Prior to joining Colliers International Thailand, he
spent 12 years with the Centara Hotels & Resorts group, with his last
position being senior vice president of development.
Jean Marc Garret is also chairman of the Tourism
Committee of the Joint Foreign Chamber of Commerce.
Colliers International Thailand believes that with his
track records of expertise in the local market, Jean Marc will be an added
asset in our Team to accelerating success and contribute to help our clients
to make the right choices for their hospitality business.
Retail vendors contest selling space,
customers on Silom Road’s ‘walking street’
More than 1,000 troops and police on Saturday tried to talk
regular vendors on Silom Road into compromising with ‘special occasion’ retail
sellers whose businesses were affected by the recent riots in the capital who
registered with the district office to sell their products on the street during
the festive trade fair.
Soldiers and police were sent to Silom Road, Bangkok’s
central business district, after conflicts arose between regular street vendors
and visiting retail traders who registered with the city’s Bang Rak district
office to sell their products during the municipality’s two-day ‘Together We
Can’ grand sale which began Saturday and ended Sunday.
No problem occurred during the two previous trade fairs on
the road when small-scale entrepreneurs were encouraged to sell products on the
one-kilometer stretch of road from Sala Daeng to Narathiwat Rajanakarin
intersection. The booths are intended as a means to help small businesses
affected by the riots which ended on May 19 after the military crackdown on
anti-government protesters.
Bang Rak district chief Surakiat Limcharoen said the problem
began after an argument arose between regular vendors and some 500 outside
vendors who failed to receive permission from the district office to sell during
the ‘walking street’ fair occupied tents which were erected for use by
registered retailers.
Each regular vendor on Silom Road is allowed to share a tent
with each registered outside seller but the regular vendors misunderstood as
each of them occupied a tent themselves, said Surakiat.
As negotiations continued, about 300 sellers who failed to
receive permission to sell during the trade fair stood in front of an office
building, awaiting the district office to solve the problem. No violence was
reported. (TNA)
Revenue collection higher than targeted in May
The government collected Bt276 billon in net revenue in May,
which is Bt2.7 billion higher than targeted, resulting in an increased revenue
collection in the first eight months of Fiscal 2010 by over Bt210 billion baht
or 23.2 percent from the earlier projection.
Satit Rungkasiri, director-general of the Fiscal Policy
Office, revealed in May the government earned a net revenue of Bt276.09 billion,
which is Bt2.73 billion or 1 percent higher than targeted, since the period for
submission of corporate tax payments in the 2009 accounting year ended in the
month.
Corporate tax collections reached 126.91 billion, which is
Bt7.89 billion higher than projected, due to the higher-than-expected operating
performances in the second half of last year.
In addition, consumption and imports continued growing in
May, resulting in an increase in the value-added tax (VAT) collection by more
than Bt7.17 billion from the projection.
In the first eight months of fiscal 2010 (October 2009-May
2010), the government collected Bt1.12 trillion, which is Bt211.87 billion or
23.2 percent higher than targeted, due to the higher-than-forecast collection of
taxes, particularly VAT, and oil and vehicle taxes, and the acquisition of
Bt49.02 billion in assets seized from fugitive former premier Thaksin Shinawatra
in April 2010.
However, the recent political unrest and rescue measures
taken by the government to help entrepreneurs affected by the rally have
dampened revenue collections in May from the consumer sector and imports to a
certain extent, Satit said.
“Although the recent political mayhem will affect the
economic expansion and the government’s revenue collection, the Finance Ministry
remains confident the collection in the rest of this fiscal year will reach
Bt1.52 trillion as projected,” he said. (TNA)
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