Friday, March 29, 2024

Springer: Tourism MOU in works

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GOVERNMENT and tourism leaders are working toward a consensus on tax breaks for the industry, an industry official said yesterday.
The matter of concessions remains a contentious one among local hoteliers in the light of the range of exemptions and other incentives granted to Sandals Resorts last year.
Sue Springer, executive vice-president of the Barbados Hotel & Tourism Association (BHTA), told the DAILY NATION yesterday that the concessions issue was an ongoing one but the parties were negotiating a memorandum of understanding.
“The minister of finance and the minister of tourism have been working very closely with us,” she said. “Only [last] Friday we had a meeting with Minister [of Commerce Donville] Inniss and the Barbados Agricultural Society and also the Barbados Manufacturers’ Association because they had raised some concerns. 

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