Irish Tourism Entering Perfect Storm with Brexit and Cost Increases
The Irish Hotels Federation (IHF) has criticized Government’s decision not to reverse the tourism VAT hike, which came into effect following last year’s budget. Michael Lennon, President of the IHF said the increase in VAT from 9% to 13.5% has seriously undermined Irish tourism’s international competitiveness and the ability of tourism enterprises such as hotels to re-invest in their business and local economy.