Travel subsidy continuing

The government-sponsored subsidy for local tourists is expected to resume before the New Year to help hotels, the majority of which are not involved with the fraud investigation, says the Tourism and Sports Ministry. Tourism and Sports Minister Phiphat Ratchakitprakarn said next week the government should announce the extension of the “We Travel Together” scheme, offering a 40% subsidy for 1 million room nights. The scheme has been postponed from Dec 16 to pave the way for fraud investigations at 514 suspected hotels and stores during the first phase. The government previously expected to dela…

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HEDGE accordingly