Holiday Inn owner IHG urges Burnham to drop tourist tax

cityam09-03

The tourist tax is deterring investment, IHG says (Daisy Denham/IHG) The boss of Premier Inn-owner IHG has urged Andy Burnham to drop plans for a tourist tax, which they said will deter tourists and ...

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It’s an additional barrier stopping people making the most of stays in the UK,” she said.“For them to come to market, find a conversion, make it work for them and get a sensible return on investment – it’s becoming harder and harder for them to do that within the UK market,” she said.The Hari, Belgravia, joined IHG’s Vignette Collection in AugustThe UK’s first tourist tax came into effect in Edinburgh in July. Local authorities in England will be able to charge visitor levies from April next year.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4142":"酒店、度假村与豪华游轮","IHG":"洲际酒店"},"translate_title":"假日酒店老板洲际酒店集团敦促伯纳姆降低旅游税","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IHG":1.5},"content_text":"The tourist tax is deterring investment, IHG says (Daisy Denham/IHG) The boss of Premier Inn-owner IHG has urged Andy Burnham to drop plans for a tourist tax, which they said will deter tourists and investors from the UK. Neetu Mistry, the hotel group’s UK and Ireland managing director, told City AM that she has directly warned the government against the policy, which will allow local authorities to charge a levy on overnight accommodations.“We’ve been really clear on the fact that we do not support this. It’s an additional barrier stopping people making the most of stays in the UK,” she said.\n\n“We’ve seen the tourism levy in other countries acting as a deterrent to stop the flow of tourism, and that’s not what we want in the UK.” The government’s overnight visitor levy could add more than £100 to the cost of a two-week family holiday and cause the loss of 33,000 tourism sector jobs, trade body UK Hospitality has found.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n“We want to encourage tourism, we want to make it affordable for people to stay and enjoy the beautiful landscapes and places that we have in the UK, but this is really a deterrent for that,” Mistry added.\n\nUK ‘just not attractive’ for hotel investorsIntercontinental Hotels Group (IHG) is listed on the FTSE 100 and operates 384 hotels in the UK, across brands including Holiday Inn, Six Senses and the Vignette Collections. Mistry said that IHG’s franchisees and investors have warned that the tourist tax, along with the rising business rates burden, are making the UK’s hospitality market less viable. “That has definitely been the feedback that we’ve had from a few of our investors, who have said that it’s just not attractive for them to invest in the UK, given all of the varying costs that keep being piled on.\n\n“For them to come to market, find a conversion, make it work for them and get a sensible return on investment – it’s becoming harder and harder for them to do that within the UK market,” she said. The Hari, Belgravia, joined IHG’s Vignette Collection in AugustThe UK’s first tourist tax came into effect in Edinburgh in July. Local authorities in England will be able to charge visitor levies from April next year.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2664282974","isCrawlerRequest":true}