Definition of Irony: Fat Sandals Resort Chairman Butch Stewart chides Barbados hoteliers to complain about overtaxed tourism sector!

Sandals Butch Stewart

Butch wins! Disproving “Too much weight on a race horse, it can’t win.”

Nice work if you can get it: Stewart chides other Barbados hoteliers for not getting the same tax concessions as Sandals…

Sandals’ Chairman Butch Stewart says…

The fact is if you put too much weight on a race horse, it can’t win. When you burden an industry by overtaxing, you cannot do enough business. The real fallout is not so much the fact that you are not doing business is the condition of the properties because there is not enough money between the competitive rates today, paying taxes and at the same time being able to improve, expand and modernise the hotel.”

Noting that cruise ships are able to avoid the same tax levels as land-bound tourism providers, he nonetheless stated, “The cruise ships are a vital part of the tourism industry; it is not the cruise ship that is at fault. The growth of the cruise sector has to do with not having to pay taxes – taxes and exports don’t mix.”

In terms of concession, the hotelier highlighted, “Our criteria is transparency, so everyone knew we got concessions. In Grenada we spent [money] developing and building a hotel that we would not have been able to do if we were not able to look at the long-term 25 years of concessions and spend money based on long-term thoughts. We plan to do much the same here in Barbados because as we have a long-term view.

“The same way a company negotiates with government and gets concessions I believe that the business community, if you believe as strongly as I believe, that anything to do with export taxation impacts business, you have a responsibility to do [or] say something about it.”

Adrian Loveridge says…

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.”

3 Comments

Filed under Barbados, Barbados Tourism

3 responses to “Definition of Irony: Fat Sandals Resort Chairman Butch Stewart chides Barbados hoteliers to complain about overtaxed tourism sector!

  1. JT

    The man is massive! For his own health he needs to cure his eating addiction.

  2. driving me crazy

    Now THAT is FAT!

  3. robert ross

    “No-one will come.” Sorry, what did you say?