Re: Tax credits to be abolished
The small hotelier accommodations will feel the brunt of this tax credit being taken away from them as they struggle to be profitable.
Too many hotels and not enough tourists will be the problem.
I can see a consolidation coming soon as the small fish get gobbled up by a big fish. A 50 sene to the tala premium will be a steal for the survival of the fittest who has cash equivalent to purchase these unfortunate business ventures.
I’m concerned that some of the moms and pops hotels will be affected by this.
I hope I’m wrong.