"This report urges the Government not to miss the golden opportunity to grant London the power to introduce a tourism levy a measure backed by 41 per cent of Londoners. It is a genuine win-win-win: raising vital funds, improving services for residents, and strengthening London's global appeal. Compared with other global cities, London is an outlier in not having one."
"London attracts millions of visitors every year who come here to experience our world class museums and galleries, visit our historic attractions and enjoy an amazing array of sporting events. The mayor believes that a modest tourist levy, similar to other international cities, would boost our economy, deliver growth and help cement London's reputation as a global tourism and business destination."
A cross-party Greater London Authority oversight committee has called for power to introduce a tourism levy on overnight stays, including hotels and short-term rentals such as Airbnb. Visitors would pay a modest fee per night, which could raise around £250m a year for the Mayor to reinvest in the capital. The mayor currently depends on national government for about two-thirds of the annual budget, funding the Metropolitan Police, London Fire Brigade and the TfL network. Public backing is around 41 percent. Comparable charges exist in other cities: Manchester charges £1 per night in its BID and Liverpool introduced a £2 levy.
Read at www.standard.co.uk
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