Notification No. 1327/DERM, List D 02-2015, establishes conditions on foreign participation (e.g. minimum registered capital and foreign ownerhsip limitations) in a number of activities. Included in this restriction is the operation of 3-5 star hotels.

"List of Business Activities for Foreign Investors [with conditions]:
- Short term accommodation activities (3-5 star hotels) (minimum registered capital: 1 billion Lak; foreign equity participation limited to 60%)" (Notification No. 1327/DERM, List D 02-2015)
Notification No. 1327/DERM, List D 02-2015, of 13 July 2015.
Decision of the President of Ministerial Council on Tourism, No.91/PMC, dated 04 November 1989;
Notification No.57/MICT, dated 31 January 2013
[<a href="http://www.laotradeportal.gov.la/kcfinder/upload/files/Notification1327_2015ENG.pdf">Notification</a>]