Philippines House Votes to Abolish Travel Tax
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Radisson Hotel Group signs six hotels in India, Fiji and Tajikistan, as the Philippines moves to abolish its departure travel tax. Plus, more hotel deal and development news.
The Philippines House of Representatives approved a bill to abolish the travel tax imposed on Filipino citizens and certain long-term residents when departing the country. The bill was passed in its third and final reading by the House on Monday. The measure is expected to reduce travel costs and stimulate tourism-dependent sectors by encouraging Filipinos to travel and create economic opportunities. It cancels out a levy imposed on ongoing travelers that is in addition to airfare and other travel charges. After the bill takes effect, the collecting authority will refund any previously paid tax for flights scheduled on or after the date it becomes law.
Corinthia Hotels has officially signed an agreement on its luxury hotel project, Corinthia Chengdu, in association with ShiLong Industry Co and The Geminus Group. The construction of this luxury hotel is expected to be completed by 2032, when it is slated to open its doors. The Corinthia Chengdu w
