New Tourism Tax Proposal Could Impact Blackpool Hotel Revenue
What happened
Authorities, including the Lancashire Combined County Authority, may opt to charge an Overnight Visitor Levy (OVL) on guests staying in hotels, B&Bs, and Airbnbs across England as part of a devolution drive. Hoteliers have criticized the proposed 'Tourism Tax,' fearing it could lead to a black market for unregistered accommodation.
From aol.co.uk
Why it matters
The levy could add to existing financial pressures on the hospitality sector, which already faces costs from VAT, business rates, and rising wages. Hoteliers warn that this extra cost could deter visitors who are already concerned about rising prices.
From aol.co.uk
Who's involved
- Claire SmithHotel owner and president of 'StayBlackpool' in Blackpool
- BlackpoolDistrict in Lancashire, England, where hotels are located
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BlackpoolSpeculative
Blackpool could see reduced visitor demand due to increased costs of accommodation
- Opera House Theatre, BlackpoolSpeculative
Opera House Theatre, Blackpool could experience reduced visitor traffic and revenue if the tax increases the cost of a stay
Keep exploring
The entities involved
-
Claire Smith
New Zealand nutrition researcher
Nothing else this week.
-
Blackpool
district in Lancashire, England
Nothing else this week.