VATupdate

Share this post on

VAT Increase Has Not Yet Impacted Hotel and Holiday Home Bookings, Data Shows

  • The VAT increase on January 1 has not yet affected bookings for hotels, vacation homes, and campsites.
  • Villa for You reports an 18% increase in occupancy rates for their vacation homes.
  • Landal notes slower vacation home rentals, fewer German tourists, and more people choosing campsites, which still have a lower VAT rate.
  • Dormio Group has raised prices but has not yet seen negative effects from the VAT increase.
  • Some hoteliers are implementing gradual price increases to avoid losing leisure guests, so the impact of the VAT hike may be felt later.

Source: taxlive.nl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

Pincvision

Advertisements:

  • Pincvision