Dublin Mayor's Hotel Bed Tax Plan Could Raise €3m For Arts
After calling for a one per cent tax on each hotel bed in Dublin in June following his election as new Lord Mayor of Dublin, Labour Councillor Brendan Carr says plans for the bed levy could generate €3m a year for art initiatives in the capital.
It is expected that any move to impose the new levy would be met with strong opposition from the hospitality sector in Dublin.
Carr says the new hotel tax would vary depending on the hotel’s star rating, according to the thetimes.co.uk, which adds that the projection of a €3 million yield for the arts in the capital is based on PwC’s European cities hotel forecast, which shows room rates are expected to reach €130 a night by next year.
Last month, in the same week that Dublin hoteliers were put in the firing line following a reported 19% spike in room prices, global firm HRS claimed its data puts Dublin hotel prices as the second most expensive in Europe, overtaking the likes of London and Stockholm.