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Bangkok Post

Business

UNCOVERED: Applications for hotel asset warehousing scheme decrease - Caught on Camera

Suwannee Jatsadasak Bank of Thailand Sam AMC AMCs Pandemic Thailand

The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT).

Commercial debtors who felt the pinch from the impact of the pandemic, including hotel operators, can still apply to enter the asset warehousing scheme in collaboration with creditors. Most of the applicants are small hotels.

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