St Martin hotels on the brink
Six hotels in the Caribbean island of St Martin may have to close if the government does not offer financial assistance, according to a senior executive on the island.
Philippe Thevenet, vice-president of the Hotel Association of St Martin refused to identify the properties but said the number of rooms on the island had fallen from 4,700 in 1995 to today’s level of 3,500 because of high costs and taxes.
Thevenet said the hotels were at break-even point and needed help to achieve profitability. He said excessive water and insurance costs and government minimum wages were causing particular problems.
Thevenet claimed wages were three times higher than on other Caribbean islands and about 10 times higher than in the Dominican Republic because they were in line with French pay levels.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.































Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive