Chancellor Rachel Reeves faces pressure to find new revenue streams as rising borrowing costs threaten fiscal stability, following a previous £40 billion tax increase.
The proposed 'hotel tax' aims to generate significant funds, potentially over £1 billion, drawing comparisons to successful tourism taxes implemented in countries like France.
Sir Rocco Forte of Forte Hotels warns the new tax would harm the tourism supply chain, negatively affecting spending across restaurants, shops, and attractions.
Several UK regions are introducing their own tourism levies, with Wales proposing a £1.25 fee and Edinburgh a 5 percent tax on accommodations.
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