United Kingdom
United States
Asia Pacific
Thailand cuts tax on booze to boost tourism
In a boost for tourism, the Thailand government has approved a tax cut on alcohol and for entertainment venues.
Taxes on wine will be halved from 10% to 5% while the 10% tax on spirits will be scrapped.
Also, the excise tax levied on entertainment venues will be halved to 5%.
They are temporary measures which will last until the end of 2024.
It is the latest move to boost the night time entertainment industry after opening hours were extended to 4am recently in major tourism areas.
Finance Ministry Permanent Secretary Lavaron Sangsnit said additional spending by tourists will offset any cut in the tax revenues.
The government said it reached the amended tourist arrivals target of 29 million in 2023.
It is forecasting 34 million tourist arrivals for 2024.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Expedia TAAP incorporates AI for their 100,000 registered agents
Travefy CEO & Founder Talks About Their Itinerary Management For Travel Professionals
MMGY’s Jonathan Sloan: A Tale of Triumph Amidst Adversity
Unlocking Opportunities: Viator Empowers Travel Agents with Innovative Tools and Expansive Offerings
Kazakhstan Explored: A Journey into the Unknown
Behind the Scenes of Vegas Tourism: Kelly Messina’s Insider Perspective
Preserving Mexico’s Beauty: A Conversation with Doris Patiño from Xcaret
Twawick
Travefy
Cruising Through Innovation: A Dialogue with Keli Washburn from Globus
American Waterways: An Interview with Faith Alchorn-Selk from American Cruise Lines
Renovations and Clientele Diversity: A Chat with Henry Perez of Bahia Principe Hotels
Over 100 guests ill in cruise ship outbreak
BA flight attendant taken off duty after boozy altercation
Amex GBT taps Expedia for fraud prevention
Passenger attempts suicide on Bangkok-London flight
Saga could sell off cruise ships