Hote­liers to dis­cuss over­tax­a­tion with PM

Kathimerini English - - Focus - STATHIS KOUSOUNIS

The over­tax­a­tion of tourism and the ab­sence of clear zon­ing in the sec­tor are de­ter­ring in­vestors from en­ter­ing the field in Greece, in spite of the in­ter­est recorded in new busi­ness plans by do­mes­tic and for­eign groups, ac­cord­ing to the pres­i­dent of the Greek Tourism Con­fed­er­a­tion (SETE), Yian­nis Ret­sos.

The SETE chief qual­i­fies the pos­si­bil­ity of a new tax on overnight stays at ac­com­moda- tion units as of Jan­uary 1, 2018 as a threat to Greek tourism. Over­tax­a­tion will be among the hot topics dis­cussed dur­ing SETE’s visit to the prime min­is­ter’s of­fice, prob­a­bly to­day, and Ret­sos says that if the new tax is im­posed it will lead to an aver­age rate hike of 5-6 per­cent. In the case of smaller units the hike may amount to as much as 10 per­cent.

If ap­plied, the new tax will amount to 4 eu­ros per night for five-star ho­tels, 3 eu­ros/night at four-star units, 1.50 eu­ros/night for the three-star es­tab­lish­ments and 0.50 eu­ros/night for one- and two-star ac­com­mo­da­tion, as well as rooms to let.

Hote­liers es­ti­mate that a large part of the in­dus­try will choose to ab­sorb the tax it­self in order to sur­vive in the in­creas­ingly com­pet­i­tive in­ter­na­tional en­vi­ron­ment.

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