HOTELIERS ASK FOR BEST CHANGES

HOTELIERS ASK FOR BEST CHANGES

Government may be reworking its proposed financial rescue plan for the tourism sector after only modest uptake from hotels to the offer.

The stimulus package announced in the governor general’s throne speech promised to commit up to 300 million Barbados dollars to counteract the impact of COVID-19 on the tourism sector.

The Barbados Employment and Sustainable Transformation or  (BEST) Plan was to provide financing or a capital injection for hotels and tourism related businesses by way of a class of shares or some limited opportunities for grants with the intention of getting laid off employees back to work.

But recently it was disclosed that only 30 businesses had up to that stage signed on to the BEST plan.

And Chairman of the Barbados Hotel and Tourism Association Geoffrey Roach tells Starcom Netrwork News, they’ve written government recommending changes.

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