Tourism leaders say EU's wrong-headed tourism taxes will only hurt revenues

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Despite the lure of quick cash benefits, WWTC urges the 27 EU finance ministers to reconsider impulsive tourism taxes that have proved in the long run to decrease revenue as travelers try to avoid fees -- or just travel less.

The World Travel & Tourism Council (WTTC) has written to all 27 Finance Ministers in the European Union urging them to recognise the important role of the industry in stimulating economic growth and jobs, while avoiding unproductive knee-jerk tax hikes at a time of austerity.

The letter, written by Dr Michael Frenzel, Chairman of the Executive Board, TUI AG and Chairman, WTTC and David Scowsill, President & CEO, WTTC, reminds Finance Ministers that Travel & Tourism is a key generator of employment across the European Union directly generating 10 million jobs across Europe, substantially more than the automotive manufacturing (3.2 million), mining (3.6 million) and financial services sectors (8.5 million).

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Tourism leaders say EU's wrong-headed tourism taxes will only hurt revenues

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First read is on us.
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First read is on us.

Tourism leaders say EU's wrong-headed tourism taxes will only hurt revenues

Skift Take

Up Next

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What is Driving Trip Decisions of Indian Travelers

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'We’re off Track:' Prince Harry Calls for Travel Industry to Cut Emissions in Half by 2030

First read is on us.Subscribe to read more essential travel industry news.

First read is on us.
Subscribe to read more essential travel industry news.