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Friday, May 3, 2024

New tourism fee aimed at creating financial fund

Tourism and Sports Minister Phiphat Ratchakitprakarn

The Tourism and Sports Ministry expects the 300-baht tourism fee collected from foreign visitors this year to establish a tourism fund to assist the battered industry.

Phiphat Ratchakitprakarn, the tourism and sports minister, said the fund is vital for Thai tourism, allowing operators to access financial support from this budget immediately in the face of the unprecedented crisis.

After the National Tourism Policy Committee approves the guidelines for collecting the tourism fee, the ministry has to work with the Finance Ministry before proposing the elaborate plan to the Centre for Economic Situation Administration (CESA) by February for approval.

The rough details of the plan see 34 baht from the fee used to provide insurance benefits to…

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