Hotel owners group chief backs tax reforms

The president of the largest organization of hotel and resort owners nationwide is supporting the proposed Comprehensive Tax Reform Program (CTRP) as this would guarantee the implementation of the government’s infrastructure buildup that is crucial to sharpening the competitive edge of the tourism sector.

Addressing the country’s infrastructure gap is key to meeting the fast-growing demand for transport facilities and other infra-related requirements in the tourism sector, which is targeting 12 million foreign tourists by 2022, said Arthur Lopez, who heads the Philippine Hotel Owners Association (PHOA).