Tourism

New grants for the hotel industry

Targeting accessibility and new technologies

10e plan quinquiennal tourismeThe government has recently adopted its 10th five-year plan for tourism infrastructure. Every five years, the government adopts a new plan designed to encourage the development of the tourism industry and improve the tourism infrastructure in Luxembourg, with the aim of optimising conditions for those visiting the country. The 2017 plan especially focuses on promoting accessibility for people with reduced mobility and strengthening the web presence of the hotel industry.

Focus on accessibility and ICT

The previous rate of 20% funding for investments that improve accessibility for people with reduced mobility has now been raised to 50%.

This initiative reflects a new approach – for the first time since the government began developing multi-year plans for the tourism industry, this time the focus is strongly on the tourist's perspective. As the State Secretary for the Economy, Francine Closener, explained, this strategy looks at where tourists go when they come to Luxembourg and how they explore the country, with the aim of adapting infrastructures to meet their needs.

Part of this tourist-oriented approach focuses on the use of new technologies in the hotel industry. This section in the five-year plan provides for grants covering up to 20% of the costs of technological improvements, especially high-speed internet and setting up online booking platforms.

The 10th five-year plan is also designed to offer particular support for stakeholders in rural areas, especially in the hotel industry. Investors or hotel owners planning projects based in rural areas could be eligible for a grant of 20%, without needing to fulfil any other specific conditions.

€60 million in new funding

The new plan, which covers the period from 2018 to 2022, comes with a €60 million budget, 33% more than the ninth five-year plan, which will come to an end on 31 December 2017.

The State Secretary also announced plans for 10 new hotels to be built in Luxembourg, adding 1,300 additional rooms and boosting Luxembourg's hotel capacity by 17%.

According to the World Travel & Tourism Council, some 5.1% of the Luxembourg economy's GDP was directly or indirectly linked to tourism in 2016, representing 18,500 direct and indirect jobs. In 2016, a total of 1.74 million nights were spent in the country's hotels – a new record.

(Article written by the editorial team of the luxembourg.lu portal / Source: press release from the Ministry of the Economy)

 

  • Updated 09-08-2017