Barbados: The government of the Caribbean island of Barbados on Tuesday has announced that it would be cutting airport taxes for regional travellers by 50 per cent.
This decision was taken by the government of Barbados on the request that had been made by Antigua and Barbuda’s Prime Minister – Gaston Browne, as a means of boosting intra-regional travel.
Tourism and International Transport Minister – Lisa Cummins asserted that “The Cabinet has agreed that there is to be a 50% reduction in airport service charge to regional travellers. That brings us pretty much in line with what you have been hearing coming out of other markets that are meant to reduce the taxes on inter-regional travel.”
Following the statement, the Minister further informed that the Barbados Cabinet later this month would also be having discussions on full price based competitor’s analysis for Barbados, which would assist the government to look into a complete review of the industry.
She informed that the first draft of the paper had been already sent back for some further additions and added, “The government is looking at what is the price sensitivity of the Barbados tourism product relative to our competitors. So that includes a range of analysis.”
She noted that the analysis includes – How many flights are coming into the region by nation and to Barbados per day, where are they coming from, what is the cost of those flights, what taxes are applied in each nation, what are the public health measures which are new and ultimately how does that create a competitive or uncompetitive position for Barbados.
The Minister added that on this basis, what recommendations needed to be made to the changes of our structure as a destination and the analysis is currently underway.
Earlier this month, the Prime Minister of Antigua and Barbuda – Gaston Browne, while addressing the opening ceremony of the Caribbean Community (CARICOM) summit, stated that increased movement of people within the Caribbean would be a significant boost to regional economies in endeavouring to rebound.