Business tourism VAT exemption could massively boost Danish jobs and industry

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

Literature lovers gather at Louisiana in August (Photo: Louisiana.dk)
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."

 

 

Mansour is the first person in history to be stripped of their Danish citizenship over a crime (photo: Magnus Manske)
‘Bookseller from Brønshøj’ stripped of his Danish citizenship
Said Mansour, the now ex-Danish/Moroccan citizen who was earlier this year ...
Denmark's new government wants to curb the rising asylum numbers (photo: Matteo Penna)
Government unveils tougher asylum proposal
The Venstre-led government has agreed with blue-bloc parties Dansk Folkepar...
Pia Kjærsgaard will take over from Mogens Løkketoft (photo: Brandsen)
Pia Kjærsgaard to be named new speaker of Parliament
The former head of Dansk Folkeparti, Pia Kjærsgaard, will be named the new...
The Svendborg coastline will be transformed into a major tourist destination with these new initiatives  (photo: Erik Christensen)
Government has plans to build big on Danish coastline
The newly formed Venstre government has come forward with a simple message...
The sky is the limit for Vestas in the US (photo: iStock)
Vestas ends scintillating second quarter with three US orders
The Danish wind turbine giant Vestas capped a solid second quarter by secur...
Avenue Hotel credits its success to the 'Avenue feeling' (photo: Avenue Hotel official)
CPH hotel voted Denmark’s best
Copenhagen's Avenue Hotel has topped the rankings as Denmark's best hotel t...