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Review Article: The Review of Legal Issues Related to the Impacts of Online Vacation Rental Platforms (OVRPs)on Vacation Condominium Rentals and the Hotel Industry in Thailand |
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| รหัสดีโอไอ | |
| Creator | Parichart Bootvong |
| Title | Review Article: The Review of Legal Issues Related to the Impacts of Online Vacation Rental Platforms (OVRPs)on Vacation Condominium Rentals and the Hotel Industry in Thailand |
| Contributor | Than Dendoung |
| Publisher | Thammasat Printing House |
| Publication Year | 2561 |
| Journal Title | Journal of Architectural/Planning Research and Studies |
| Journal Vol. | 15 |
| Journal No. | 1 |
| Page no. | 1.-16 |
| Keyword | Online Vacation Rental Platforms (OVRPs), Less than 30 Days Rental, Thai Civil and Commercial Code, B.E. 2551, Hotel Act, B.E. 2547, Real Estate Investment, Hotel Industry |
| URL Website | http://www.tds.tu.ac.th |
| Website title | คณะสถาปัตยกรรมศาสตร์และการผังเมือง |
| ISSN | 1905-2022 |
| Abstract | This article reviews the impact of Online Vacation Rental Platforms (OVRPs) on vacation condominiumrentals and the hotel industry in Thailand and discusses the legal implications of the OVRP use. The literaturereviews are providing explanations of Thailand's laws involving OVRPs and exploring current connectionsbetween hotels, vacation condominiums and online rental platforms, using case studies and examples. Wefind that OVRPs provide short-term rentals in most vacation condominiums at popular tourist destinations inThailand. According to the Thai Civil and Commercial Code, B.E. 2551, the owners of such properties havethe right to lease their property, but rentals of less than 30 days constitute an infringement of the Hotel Act,B.E. 2547. Case studies from other countries suggest that OVRPs may have positive as well as negativeimpacts on the hotel industry, and may also generate indirect benefits for other industries such as tourismand real estate development. Increasingly, vacation condominiums in Thailand are attracting individual investors,many of them foreigners, for the short-term rental market via OVRPs. This development not only underminesthe Hotel Act, B.E. 2547 but also poses various risks for hosts, guests, co-owners and potential condominiumbuyers risks which are not currently addressed by applicable Thai law. Areas identified as requiring furtherresearch regarding the impacts and legal implications of OVRPs in Thailand include: (i) balance of positive andnegative impacts of OVRPs on Thai economy and society; (ii) impacts of OVRPs on the vacation condominiummarket in Thailand; and (iii) merits of amending the legal issues to cover the OVRPs rentals. |
