Business tourism VAT exemption could massively boost Danish jobs and industry

Bella Center says it will make it more competitive bidding for major events

June 29th, 2014 1:17 pm| by admin
facebooktwittergoogle_pluspinterestmail

Following some vigorous lobbying from HORESTA, the association for the hotel, restaurant and tourism industry, the government looks set to introduce a VAT (moms) exemption for the business tourism sector until 2020 as part of its latest growth plan, and this could lead to a massive influx of jobs in the sector.

Bella Center alone has said it would expect to create 1,500 jobs by 2020 across its portfolio. At least 300 of these would be at its headquarters in Copenhagen, which include the Bella Sky Comwell and Crowne Plaza Copenhagen Towers hotels.

More major events
“There is no doubt that a 100 percent VAT deduction for hotel accommodation gives Bella Center a more favourable position in negotiations to win contracts for major events, while strengthening our competitiveness," the Bella Center Group's chief executive Allan Agerholm told the centre's website.

“We are confident that the initiative will have an even greater effect than the government’s and Venstre’s slightly conservative estimates. The positive effects will not only be seen in the tourism industry, but also in other industries such as transport, retail and cleaning."

 

 

Rambøll will act as an independent engineering consultant on the New Champlain Bridge Corridor Project by Montreal (photo: Rambøll)
Rambøll gaining a foothold in North America
Denmark's largest consultancy firm Rambøll could be getting some serious N...
Danes often buy cheap food in bulk on discount and freeze it before they throw it out (photo: iStock)
Danes postpone food waste by freezing their food and then not eating it
Every year, Danes throw out 700,000 tonnes of food, of which 260,000 tonnes...
The marble church Marmorkirken continues to provide hurdles (photo: iStock)
Metro City Ring facing new delays
The ongoing construction of the Metro City Ring is facing further delays at...
Learning Danish is particularly difficult for the elderly, mentally impaired and low-educated (photo: iStock)
Danish government upping language requirements for citizenship applicants
Foreigners seeking Danish citizenship will have to pass a new advanced leve...
Some 2,142 out of the 5,174 asylum-seekers who came to Denmark came from Syria (photo: iStock)
Huge spike in asylum approval rate in Denmark
The asylum approval rate has increased significantly in 2015, according to ...
Tonnes of functioning electronics thrown out every year (photo: Milton Creek)
Tonnes of functioning electronics thrown out every year
Large quantities of mobile phones, computers, kitchen appliances and other ...