Joint Legal & Tourism and Hospitality Committees: Financing the Return of Thailand’s Hospitality Sector
Joint Legal & Tourism and Hospitality Committees: Financing the Return of Thailand’s Hospitality Sector - July 25
Moderator: Charles Blocker, AMCHAM Vice President and Founder & CEO of IC Partners
As the hospitality sector is recovering from the pandemic, this event focused on how hotels can raise funds for their projects. The speakers talked about the registration process of the real estate backed token, opportunities and challenges, and different fundraising structures for hospitality assets. The participants had a chance to extensively learn from an active question and answer session with the questions ranging from the tokenization of real estate, the equity risks, and the incentives for hotel operators.
“The recommendation for the hospitality industry in general is to negotiate with your existing lenders. If you are looking at financial institutions, make sure you are communicating with them, let them know what your situation is, and try to get the finance you might need for working capital.” – Paul