Hotel fret as another German company goes kaput

PUBLISHED : 25 Jun 2024 at 07: 40 Another trip company in Germany hasactually submitted for insolvency, however the effect oughtto be verylittle compared with the current FTI insolvency, according to the Thai Hotels Association (THA). The THA justrecently acknowledged an alert from the Tourism Authority of Thailand (TAT) that Itravel, a high-end trip business based in Cologne, formally submitted for personalbankruptcy this month. THA president Thienprasit Chaiyapatranun stated hotels in southern Thailand are anticipated to be impacted as the area hosts numerous high-end resorts, which is Itravel’s target section. He stated THA is in the procedure of event details from members who haveactually been impacted by Itravel’s insolvency. The association sent a letter on Monday to the TAT and Foreign Ministry asking authori
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