Thailand Elite Card due for another overhaul
Reports from Bangkok say that after failing to meet membership targets, the troubled Thailand Elite Card programme has submitted a restructuring plan aimed at achieving profitability in the next few years, with Thailand Privilege Card (TPC), the operator of the Elite Card programme, hoping to implement a number of reforms, including limiting membership to 20,000.
New members would be restricted to a maximum of 30 years under the new policies that the company says would upgrade member services and increase TPC revenues.
Significantly, the lifetime membership fee would be increased to three million baht from one million baht.
TPC had wanted to cut membership fees to as low as 50,000 baht, but the Tourism Authority of Thailand (TAT), its major shareholder, said that a low fee could harm the programme’s image.
The proposal has been forwarded to the Tourism and Sports Ministry.
The Elite Card programme originally aimed to attract as many as one million card holders by next year but it currently has fewer than 2,000 members from 49 countries.
The original programme, a pet project of former Prime Minister Thaksin Shinawatra, offered holders a wide range of perks, including preferential visas and fast-track immigration clearance, access to concierge and call-centre facilities and discounts at many tourist venues, including hotels, golf clubs and spas.
TAT says that the project sought to boost tourism revenue and increase average daily tourist spending from 4,000 baht to 20,000 baht and according to Tourism and Sports Minister Suvit Yodmani, the restructuring should make TPC profitable by 2010, and return 500 million baht to the TAT, with the plan set to be submitted to the economic screening committee soon.
Dr Suvit said he agreed with the restructuring proposal as it would be more selective about customers while offering better services, adding, ”The company should continue operating because most TPC members were investors who needed express immigration service”.
Dr Suvit said many members had asked the Ministry to continue the TPC, which has the largest number of members from South Korea, which has 600 card holders.
TAT Governor Phornsiri Manoharn said the agency wanted to continue the operation because cancelling it would harm the country’s image.
Report by The Mole
John Alwyn-Jones
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