01/07/2016 00:00
Britain's withdrawal from the European Union has done the local ministry for tourism few favours. When they first pondered the introduction of the tourist tax, sterling was riding high against the euro. Many, including myself, thought that British tourists would not be too bothered about a tourist tax because they were receiving so much more for their pounds. But as we all know the value of sterling has dropped substantially against the euro, meaning that the spending power of British tourists has been dented and now they have to pay a tourist tax. We are talking pennies rather than pounds, but if you are feeling the economic pinch, then you are not going to be too happy.
3 comments
To be able to write a comment, you have to be registered and logged in
" pennies rather than pound's". I wish it were.
I think we all know that the omni-shambles of Brexit has and will do far more damage to the tourist's pocket.
Great Britain are to introduce a Visitors Tax, to mirror the Countries that tax tourists like Mallorca.The Hotels with All Inclusive tariffs will benefit most. Corruption will become endemic.Self employed business, like restaurants and their suppliers, will go Bankrupt as All Inclusive tourists remain as prisoners of their Hotels. Tourists will have less money to spend, as the Tax and exchange rate hits their spending money.