Hotel tycoon Bill Heinecke wants to charge tourists more to fund recovery

released: 8 Nov 2022 at 22: 00

Tourists enjoy Khao San Road in Bangkok, renowned for its nightlife. (Photo: Pornprom Satrabhaya)
Tourists take pleasure in Khao San Road in Bangkok, renowned for its night life. (Photo: Pornprom Satrabhaya)

Bill Heinecke, the Thai-American chairman of Minor International Pcl that runs more than 500 hotels worldwide, desires Thailand to enable hotels to charge worldwide travelers an additional charge of 300 baht (US$ 8) per space night to money the market’s post-Covid-19 pandemic healing.

The extra space rate together with a raft of other propositions, “will assist Thailand’s hospitality sector endure this hard environment of depressed need and increasing expenses,” Heinecke composed in an open letter to Prime Minister Prayut Chan-o-cha. The tourist market is reeling from high inflation and expenses of basic materials, salaries, energy and fuel costs, requiring operators to draw greatly on their reserves to cope, he stated.

Heinecke’s require fresh relief steps comes as Thailand is on course to exceed its target to draw in 10 million foreign visitors this year.

” While the objective to invite over 10 million worldwide travelers in 2022 postures a considerable uptick year-on-year, it just totals up to a quarter of the 2019 level,” Heinecke stated. “Even forecast in 2023 of 18 million is just 45% of pre-Covid.”

As traveler arrivals will just slowly go back to pre-Covid levels, Thailand has stated it will concentrate on drawing out more from each visitor. Thailand invited practically 40 million foreign travelers in 2019, the year prior to the coronavirus pandemic, who produced more than $62 billion in earnings, according to main information.

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