David Scowsill, President & CEO of the World Travel & Tourism Council (WTTC), spoke on Friday about the need to abolish the Air Passenger Duty to boost the Caribbean economy. The Air Passenger Duty (APD) is a British tariff that charges companies transporting passengers from the United Kingdom. This tax has drawn criticism, mainly over the fact that rich nations are making profits while poorer nations who rely heavily on their tourism industry are losing significantly more. For example, the Netherlands have recently repealed a similar tax that brought in $412 million because it was costing the Caribbean industry more than $1.6 billion.
If this tariff is repealed, the immediate effects will greatly benefit the Caribbean tourism industry, making it more affordable for everyday people to take that vacation they have always been thinking about. Air travel and vacations in general are getting more and more expensive, but if the companies in this region can stop paying this tax, it will give them much more room to offer incentives and deals in order to attract more customers.
http://www.hospitalitynet.org/news/154000320/4052990.html
No comments:
Post a Comment