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Located in the heart of Southeast Asia, Thailand has served as a trade and business hub for centuries. It was a buffer zone between colonial powers because of its strategic location. As a result, it was the region’s only nation that wasn’t colonized. Thailand (and its property market) is still able to reap the rewards from […]
GDP From Construction in Thailand increased to 77237 THB Million in the fourth quarter of 2016 from 66489 THB Million in the third quarter of 2016. GDP From Construction in Thailand averaged 58891.02 THB Million from 1993 until 2016, reaching an all time high of 103692 THB Million in the first quarter of 1996 and […]
INDUSTRIES AND MANUFACTURING IN THAILAND Manufacturing and industry have played a significant role in Thailand’s economic growth. Since most manufactured products are export items they bring tremendous amount of income to the country each year. Major Industries include: tourism, textiles and garments, agricultural processing, beverages, tobacco, cement, light manufacturing such as jewelry and electric appliances, […]
BOI-efficient tax structuring The Thailand Board of Investment is the governmental agency to promote foreign direct investments in Thailand. Key benefits of a BOI promotion are (i) the Foreign Business License to do business in Thailand with up to 100% foreign shareholders, (ii) the right to acquire legal ownership in real estate and (iii) tax […]
A land trust is a pass-through entity that becomes the owner of a specific property. For this exercise we will only discuss the ownership of real property, specifically real estate. These documents are much hated by Realtors, lawyers, lenders and municipal governments to mention a few, but loved by real estate investors who understand them. […]
Abstract: Amenities specified by hotel companies’ brand standards can become a point of contention between hotel owners and brand managers. At issue for the owner is whether offering a particular amenity justifies the expense, while brand managers are typically more concerned with maintaining consistent brand standards systemwide. This report provides another perspective, by analyzing the […]
A rising number of direct flights from mainland China is helping the Thai island of Koh Samui fill the gaps in its traditionally seasonal tourism sector, a new report has found. According to the latest Samui Hotel Market Update from C9 Hotelworks, both direct flights to the island and new services to Surat Thani Airport, […]
Bill Gates makes a point of talking about how optimistic he is, which can seem like madness when you look at the massive and complex problems he and wife Melinda have set out to solve. Through the work of their Gates Foundation, they want to cut carbon emissions to zero, drop childhood deaths in half […]
It’s no surprise that millennials now make up the largest share of traveler demographics and are the biggest factor in why independent hoteliers will work to perform better than in previous years. Having a full grasp where and who your business comes from is the first step in building proper revenue management. Millennials, in general, […]
Cold Calling is, by some distance, the most controversial topic in the sales community right now. There’s been a lot of articles written about it and everyone has strong opinions. Most people are talking from personal experience and some with the benefit of having run a team. I work for a company that makes more […]