Hospitality & Real Estate
Thailand’s hospitality and real estate industries are among the most dynamic and essential pillars of the economy. With strong inbound tourism, foreign direct investment, and government-driven infrastructure projects, these sectors continue to evolve rapidly. However, businesses operating in these industries must navigate complex regulations, financial structuring, and operational challenges to achieve long-term success.
How we can help
At PKF Thailand, we provide tailored financial, legal, and business advisory services to help investors, developers, and operators from commercial properties to residential developments to maximize returns, ensure compliance, and drive sustainable growth in the hospitality and real estate sectors.
Hotel, Resort & Tourism:
Thailand’s hospitality sector is one of the most competitive in Asia, attracting global hotel chains, boutique resorts, and local entrepreneurs looking to capitalize on the country’s strong tourism market.
- Hotel & Resort Operators – We assist hotels, resorts, and serviced apartments in financial planning, tax optimization, regulatory compliance, and operational efficiency to enhance profitability and sustainability.
- Tour Operators & Travel Agencies – We assist with business licensing, tax planning, and operational compliance to ensure smooth business operations.
- Medical Tourism & Wellness Resorts – With Thailand being a leader in medical tourism, we help healthcare hospitality providers navigate licensing, tax incentives, and operational risk management.
Real Estate Development & Investment:
The real estate sector in Thailand is attracting local and foreign investors, fueled by rapid urbanization, infrastructure expansion, and government incentives (BOI, EEC, Smart Cities).
- Commercial Real Estate (Offices, Retail, Mixed-Use Developments) – We guide developers and investors through zoning laws, tax structuring, and feasibility studies to optimize financial returns.
- Condominiums – With Thailand’s growing expat and investor-driven property market, we assist in ownership structuring, tax efficiency, and compliance with foreign ownership laws (e.g., the Condominium Act).
- Industrial & Logistics Hubs – As Thailand strengthens its position as an ASEAN logistics hub, we help companies in industrial estate development, warehouse investments, and smart logistics parks navigate BOI incentives and tax planning.
Key Customers
Key People
Pitinan Lilamethwat
Partner
Professional Experience
Khun Pitinan has over 15 years of business experiences on auditing and accounting including:Â
- 10 years at KPMGÂ
- Managing Initial Public Offering engagements (IPO)Â
- Verification and preparation of consolidated financial statementsÂ
- Conversion of financial statements from TAS to IFRS basis
- Identification difference GAAP between TAS and IFRSÂ
Industry Expertise
- Food and drink
- Hotels
- Manufacturing
- Service
- Media
- Retail
- Non-profit organization
- Japanese client
Professional Qualifications
- Auditor Approved by the office of SECÂ
- Certified Public Accountant, ThailandÂ
- ASEAN Chartered Professional AccountantÂ
- Lecturer at Rangsit University (Audit, Auditing by computer)Â
- Master Degree – Accounting at Chulalongkorn University, ThailandÂ
- Bachelor of Accountancy Program, Kasetsart University
- Member of the Federation of Accounting Professions of ThailandÂ
Tanyarat Kongniwatsiri
Partner
Professional Experience
- Has over 15 years experience providing audit and assurance advisory services to clients from different industries
- Previous to PKF:
- Costing Manager, GSE Lining Technology Co., Ltd.
- Assistant Audit Manager, KPMG Phoomchai Audit Ltd.
Industry Expertise
- Audit & Assurance
- IFRS
- US GAAP
- TFRS
Professional Qualifications
- Certified Public Accountant (CPA) and approved auditor with the SEC
- ASEAN Chartered Professional Accountant (ASEAN CPA)
- Member of the Institute of Certified Accountants and Auditors of Thailand
- Member of the Institute of Internal Auditors of Thailand
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