The government received USD 120 million last year from resort lease extension fees, resort land sales, and land transfer fees for resort development, the Ministry of Finance and Public Enterprises has said.
A statistical report issued by the ministry said eighteen companies paid to extend their resort leases in 2025. A total of fifteen companies paid USD 12.7 million in land sale and transfer fees related to resort development.
The Tourism Act previously set the standard lease extension fee at USD 100,000 per year of extension if paid within six months. This fee doubled to USD 200,000 per year if payment is made in over six months.
However, a 2025 amendment to the Tourism Act introduced a temporary concession scheme to encourage resorts to extend their leases early. Under this scheme, if the lease fee for a 49-year extension is paid after being leased for 50 years, the total figure to be paid is USD 5 million if paid within six months of the amendment taking effect, and USD 10 million if paid after six months. If the extension period is 20 years, the amount is USD 2.5 million if paid within six months, and USD 3 million for a 25-year extension. These payments must be made as lump sums.
According to the latest tourism statistics, the total number of resorts has increased to 179, with 44,977 beds nationwide.