Small hotel owners in Phuket plead for leniency from creditors

PHUKET (The Nation/Asia Information Community): A group of 50 entrepreneurs of boutique and compact resorts in Phuket rallied in Patong space on Tuesday, urging support from the govt immediately after their financial institution creditors threatened to seize their motels.

They staged the rally at a motor vehicle park behind the Krung Thai Lender Patong department to emphasize their grievances to Deputy Primary Minister Wissanu Krea-ngam, who is traveling to Phuket with an entourage to examine the performance of authorities companies.

The demonstrators carried banners that tiny and medium-sized enterprises and compact resorts in Phuket have been dying mainly because of the Covid-19 pandemic.

Their leaders reported they represented some 200 modest and boutique motels in Phuket, which have been influenced by the pandemic. They explained they did not acquire government support since most of them had failed to get hold of a hotel licence.

A leader reported the pandemic had compelled the closure of their lodges so they lacked revenue and were being not able to company their financial debt to the banking institutions.

He mentioned lots of of the 200 lodges were being seized by the lender collectors and were being auctioned off.

“We would like to talk to for leniency from banks. Please really do not seize our lodges. Some of the homeowners have to go on to pay back again loans even just after their motels are seized. We would like to seek understanding from the authorities as an alternative of supporting only big lodges,” the chief explained.

The group dispersed after a staff of officials of Wissanu promised to choose up their demands.