Hoteliers have welcomed the news that the 9% Tourism VAT Rate for Irish hotels is to be extended.
The lower rate had initially been scheduled to run until the end of this month, and then return to 13.5%.
Darren Madden, Chair of the Mayo Irish Hotels Federation (IHF) Branch, said that the measures announced now give tourism businesses greater certainty as they grapple with the impact of the cost-of-living crisis on Irish consumers and key overseas markets.
Mr Madden who owns the Clew Bay Hotel in Westport says the decision to extend the 9% VAT rate is so critical for communities and regions that rely on tourism as a major employer and driver of economic activity.
He has been giving more details to Midwest Radio’s Michael D. McAndrew.