Mayors' Tax Power: A Recipe for Chaos in Hospitality Industry The hospitality industry is bracing itself for a potentially devastating blow as reports emerge that mayors will soon have the power to impose "tourist taxes" without any cap on the levy.
This development sends shivers down the spines of hoteliers, restaurateurs, and tour operators who are already struggling to stay afloat in a post pandemic world.
At first glance, imposing a tourist tax may seem like a simple solution to raise revenue for local authorities. However, this idea is more complex than it initially appears.