Daily Archives: February 19, 2014

Adrian Loveridge looks at government spin on the disaster of Barbados Tourism

Sandals isn’t paying VAT to Barbados

Government has a 10 point Tourism plan? Really?

In four years the Government of Barbados hasn’t paid VAT refunds to Loveridge’s Peach and Quiet Hotel.

“Water is up by 62%. Electricity up by 70%…

What government in their right mind increases land taxes by 50% in a recession? Tell me!”

On the incredible tax and other concessions given to Sandals…

“Put it in simple terms. For my hotel to buy a 750ml bottle of Johnnie Walker Scotch would cost me sixty US dollars. Sandals are able to pay ten dollars.”

“Unilateral concessions to Sandals immediately destabilized the other 120 hotels on the islands, not to mention the condos, villas, apartments and guest houses. Completely destabilized the industry.”

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Filed under Barbados, Barbados Tourism, Disaster, Economy