Colombian hoteliers will present a proposal to the Colombian Government to make adjustments to their exemption from income tax, introducing a mechanism to direct investment towards regions with tourism potential that do not yet have adequate infrastructure.Jaime Alberto Cabal, president of Cotelco, explained that during a meeting held with the president of the Colombians, Juan Manuel Santos and his ministers of Finance and Commerce, it was evident that the Colombian Government knows the importance of maintaining the tax privilege that the hotel guild has in this country, but "it must begin to introduce a management mechanism to avoid that some cities that have oversupply in terms of rooms continue to be saturated. to develop other regions with great tourism potential," he added.
According to Cotelco figures, between 2004 and 2010 20,000 new rooms have been built and 16,000 have been remodeled, and it is estimated that another US $1.2 billion will be invested in the remainder of this year.
