In a recent article for CoStar, Real Estate Partner Nick Minkoff explores the debate around a potential visitor levy in London and asks whether the real issue for hotel investors is the tax itself, or the uncertainty surrounding how it might evolve over time.
Nick argues that investors can accommodate additional costs when they are clear and predictable, but long-term investment decisions become more challenging when key questions around structure, governance and future increases remain unanswered.
Read the full article in CoStar: Hotel investors can price a tourist tax but not policy uncertainty