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Thai hoteliers appeal to PM for help after major tour group fails to pay up 2 billion baht for trips

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Thai hoteliers appeal to PM for help after major tour group fails to pay up 2 billion baht for trips

Organizations representing 173 hotels in Phuket, Phangnga, Krabi and Surat Thani have written to Thai prime minister Prayut Chan-ocha for help after debts amounting to 2 billion baht were left unpaid.

Daily News quoting sources in the tourism industry said the matter related to the major tour company Tui Group that is one of the biggest in the world with a head office in Germany.

In January to March of this year they brought many Europeans to holiday in Thailand. The visitors came from Germany, Switzerland, the Netherlands, Britain, France, Belgium, Austria and Poland and other countries.

But trips had to be curtailed due to he Covid-19 pandemic and now there are claims that the company has reneged on agreements to pay leaving many hotels in a dire cash flow situation.

The media reported that Tui Group have attempted to renegotiate terms and instigate a new contract and pay 25% now and the rest at an unspecified time.

This despite the company receiving nearly two billion euros in bailout payments.

Twelve tourism organisations have added their names to the PM letter to demand that half the money is paid this month and the rest by the end of October.

They see contract renegotiation as unacceptable.

They want Prayut to contact the German government or other authority in Germany to help them. 

Source: Daily News

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— © Copyright Thai Visa News 2020-05-18

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