Thursday, October 31, 2024
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Hotel owners urge government to invest in tourism

Hotel owners are urging the Government to make good use of its record $7.5 billion budget surplus instead of councils imposing targeted accommodation rates and potential bed taxes.

The newly formed New Zealand Hotel Owners Association applauds the budget surplus, the biggest in a decade, and believes it should spell the end of constantly clipping the ticket.

NZHOA chairperson, Lani Hagaman of Scenic Hotel Group, New Zealand’s largest independently owned and operated hotel group, congratulates the Government on its record surplus saying it is now in a strong position to address growth infrastructure throughout the country.

"This surplus shows there is no need for new taxes on hotel owners and we should not be singled out within the tourism sector. The Government has worked to get itself into this favourable position, and now holds the purse strings to ensure New Zealand has the means to properly cope with the impact of record tourists and population growth," she says.

"NZHOA is not against the tourism industry paying its fair share of the cost of growth infrastructure, but simply argues that it already is with the sector currently facing a tax burden that other foreign exchange earning industries do not.

"Now is the time for the Government to invest to support New Zealand’s tourism industry and the flow on benefits that this has to the country’s sustainable economic growth and wellbeing," Lani says.

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