A move by Dublin City Council to double the development levy on the construction of new hotels, hostels and aparthotels has been criticised by the Irish Hotels Federation.<\/p>\n
Last week, the local authority decided to increase the levy to \u20ac244 per square metre.<\/p>\n
It is expected that for a development of 20,000sq.m, the charge will increase from \u20ac2.5 million to \u20ac5m.<\/p>\n
Dublin City Council’s revised contribution scheme, which was agreed on 8 June, includes a change which said that hotels, tourist hostels and aparthotels will be “charged at twice the commercial rate”.<\/p>\n
The new rate will apply from 1 July.<\/p>\n
In a statement to RT\u00c9 News, Irish Hotels Federation CEO Paul Gallagher said the doubling of the charge “sends the wrong signal at the worst possible time”.<\/p>\n
He added that the cost of delivering new hotel capacity was “already prohibitive and projects right across the country are stalled as a result”.<\/p>\n
In March, Green Party councillors called for the inclusion of a doubling of the development contribution on hotels as part of the revised scheme between 2026 and 2029.<\/p>\n
Councillor Michael Pidgeon said that by making the construction of hotels more expensive, it would “direct more money towards house building”.<\/p>\n
However, the Irish Hotels Federation said analysis prepared for the tourism industry this year pointed to a national shortfall of between 10,000 and 15,000 hotel bedrooms by 2031.<\/p>\n
It said Dublin was the arrival point for most overseas visitors before they travel around Ireland, and constrained hotel investment had implications for tourism nationally.<\/p>\n
Mr Gallagher said: “If we are serious about meeting our national tourism targets, it makes no sense to double a major upfront charge on the very accommodation those targets depend on.”<\/p>\n","protected":false},"excerpt":{"rendered":"A move by Dublin City Council to double the development levy on the construction of new hotels, hostels…\n","protected":false},"author":2,"featured_media":504521,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-504520","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/504520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=504520"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/504520\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/504521"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=504520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=504520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=504520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}