Buenos Aires Rolls Out Tax Incentives to Build and Renovate Hotels in the City

the Autonomous City of Buenos Aires | August 27, 2018

The incentives plan to boost competitiveness of existing hotels is a response to the estimated arrival of 430,000 new international tourists to the destination. Buenos Aires, Argentina - August 27, 2018 – Buenos Aires' government announced this week plans to implement a new bill that will offer tax incentives to the city's hospitality industry in an effort to expand offerings and accommodate the projected tourism growth. The bill will benefit hoteliers who build new properties or undertake renovations or substantial expansions to current hotels. "We have an opportunity to position the city as the most visited destination in the s...