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News Forum - Hotel loan program extended through June 2023


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Hotels trying to recover from closing down for the Covid-19 pandemic are getting a little extra financial help. The Thai Cabinet has decided to extend low-interest soft loans until June 2023. The loans were created to help hotels address property repairs after many opted to close when customers dried up because the borders closed amid the pandemic. The announcement was made this morning to extend the program from September 2022 to June 2023, as well as soften some of the requirements. The move is aimed at getting small and medium enterprise (SME) hotels back on their feet after the pandemic. […]

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