Partial Transmit Sequences (PTS) method seems to be attractive for the reduction of Peak to Average Power Ratio (PAPR) in the Orthogonal Frequency Division Multiplexing (OFDM) system, since it can obtain better PAPR property by modifying OFDM signals without any degradation of BER performance. Meanwhile it also shows the potential capability to be utilized in MIMO-OFDM system with a concurrent PAPR reduction algorithm based on the property of orthogonal Space-Time Block Coded (STBC). On the other hand, the PTS method can improve the PAPR reduction performance very well as increasing the number of weighting factors and clusters. However, the size of side information proportionally increases as increasing the number of weighting factors or/and clutters, which are required to the receiver for recovering the original data. In this paper, we propose a new determination method for the weighting factor of PTS in conjunction with the concurrent algorithm for the STBC MIMO-OFDM systems, which can improve the PAPR performance, computation complexity without any increasing of side information, and improve the BER (Bit Error Rate) performance.