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MONTEGO BAY, St James — The Jamaica Hotel and Tourist Association (JHTA) says the uncertainty surrounding the Government’s proposed increase in the general consumption tax (GCT) on the sector is causing concern among potential investors.
According to JHTA President O’Brian Heron, the proposal has left some investors uneasy as they assess their plans for the local tourism industry.
“I have had calls from a number of investors who have told me point blank that they are concerned and they really want us to get this GCT issue resolved as quickly as possible because it does affect their ability, it does affect their excitement and their passion and their trust in the ability to invest in destination Jamaica,” Heron told the Jamaica Observer.
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