BANGKOK: Thailand's cabinet on Tuesday agreed to extend a waiver on operating fees for hoteliers for two more years from July to support the recovery of the tourism sector, a government official said.
The exemption of the annual fee of 40 baht ($1.1) per room will cost the government 54 million baht ($1.47 million)in lost revenue, deputy spokesperson Karom Phonphonklang told a news conference.
Waiving the fee will help reduce expenses for hotel operators who have been impacted by COVID-19 and may remain unable to recover, he said.
Tourism is a key driver of the Thai economy, which has lagged regional peers, as it faces high household debt and borrowing costs as well as weak exports.
...
