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Thailand Launches the New Buy Now, Stay Later Program
Tourism plays a crucial role in the economy of Thailand. To help the industry to recover faster after the COVID-19 crisis, the Tourism Authority of Thailand decided to launch a new program that will stimulate tourism to the country. Buy Now, Stay Later is an interesting new initiative that will certainly appeal to different tourists including those who cannot enter the country at the moment.
As not all tourists can currently enjoy a vacation in Thailand, the country has prepared an interesting offer for them. Buy Now, Stay Later is perfectly suitable for travelers who want to save on their future trips by booking it now. This can be done through the purchase of hotel bonds. These bonds only increase in value month after month. For many tourists, this is an excellent opportunity to pick a hotel in Pattaya or Koh Samui that was too expensive for them in the past.
This program sounds even more interesting if we take into consideration the fact that Thailand can potentially open its borders for foreign guests on August 1, 2020. During the first stage of the reopening of the border, only a certain part of the country will be available for international tourists. These will be Phuket, Surat Thani, and Krabi. The choice of these destinations is not random – it is easier to monitor the state of health and potential virus spread there.
Buy Now, Stay Later covers many hotels in these provinces that are going to reopen in the nearest future. The hotel bonds are available in increments equal to $100. After a 60-day maturation period, tourists are allowed to redeem the bonds and receive $150 for any $100 spent. The Tourism Authority of Thailand hopes that this new initiative will help to support the hospitality industry of the country and save hotels in many popular destinations that are on the verge of bankruptcy at the moment. For foreign guests, this is a chance to save on their next vacation.
The list of the hotels that participate in the program includes many winning accommodations including the Banyan Tree hotel in Bangkok. The Siam Hotel, and The Sukhothai Bangkok. These three hotels are the 2019 winners of Conde Nast Readers' Choice Award. Some hotels are truly spectacular and a vacation spent at such a hotel can really be a one-of-a-kind experience. For example, Anantara Hua Hin Resort is ranked 47th on the 2019 Top 100 Hotels in The World.
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