Hoteliers are urging the government to extend the 90% reduction of the land and buildings tax for another two years or collect a new levy of 20-30% instead as the tourism industry is far from recovering.
"The new tax rates, which affect hotel owners the most, have to be put off until tourism sees an improvement because the number of tourists hasn't significantly increased due to the flip-flop on reopening," said Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA).
