Rose Conway Walsh (Sinn Fein) | Oireachtas source

I move recommendation No. 8:

In page 61, between lines 24 and 25, to insert the following:“59. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the costs and economic benefits of maintaining a 9 per cent VAT rate on hotel beds.”.

There is a huge occupancy rate, especially in Dublin where many hotels are under construction. This report will examine the costs and benefits of future decisions around that. Revenue per available room is the standard measure of how busy the hotel sector is. According to the PricewaterhouseCoopers forecast for European city hotels for 2017 and 2018, Dublin hotels had the highest occupancy rate in Europe in 2016. It was higher than the London, Amsterdam and Berlin rates and it is predicted to stay on top of that metric for 2017 and 2018.