Bristol Hoteliers Association Supports Tom Kerridge's Campaign for 10% Hospitality VAT to Boost Profits Amid Rising Costs
💸 Bristol Hoteliers Association supports Tom Kerridge's '#VATsTheProblem' campaign for a 10% VAT rate to protect hospitality profits. The campaign gained over 100,000 signatures in 72 hours. Despite a 3% increase in hotel occupancy, rising costs (3-13%) keep profits flat. Summer 2026 looks promising with events like international cricket, Bristol Pride, and Balloon Fiesta. BHA advocates for VAT reduction, a longstanding industry demand, to boost sales and sustain the local economy.
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