The Government strengthens its support for the overseas tourism sector

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Sébastien Lecornu, Minister of Overseas Territories, Alain Griset, Minister Delegate to the Minister of the Economy, Finance and Recovery, in charge of Small and Medium Enterprises, and Jean-Baptiste Lemoyne, Secretary of State to the Minister of Europe and Foreign Affairs, in charge of Tourism, French people living abroad and the French-speaking world, announce new measures to support tourism in the Overseas Territories.

As of February 1, 2021, in Reunion, Guadeloupe, Martinique, Saint-Martin, Saint-Barthélemy and French Polynesia, companies in the retail trade and naval repair / maintenance sector suffering a loss of turnover of more than 50% due to the drop in tourist attendance will now be able to benefit from the “reinforced” solidarity fund with compensation from the  loss of turnover up to 10 euros within the limit of 000% of turnover or compensation of 80 to 15% of turnover up to € 20 per month, without condition on the size of the company.

In these territories, where tourism represents a significant part of the economy, the establishment of a compulsory septaine on arrival and the limitation of trips to compelling reasons only since the end of January have led to the cessation of flows. tourism in high season. While these measures are necessary to limit the circulation of the Covid-19 virus and its variants, and thus protect populations, they have resulted in a significant drop in turnover for players in the sector.

As a reminder, companies in the hotel, catering, tourism, events, sport and culture sector (as well as companies in related sectors) suffering a loss of turnover greater than 50% are already benefiting of the “reinforced” solidarity fund, whatever their size. Companies from other sectors suffering a loss of turnover greater than 50% can benefit from the “common law” solidarity fund up to € 1500 per month provided they have less than 50 employees.

Social security tax exemptions, partial activity and the loan guaranteed by the State remain accessible under the same conditions as above.

These new measures extend the aid already put in place by the State. In total, € 5 billion in aid has been allocated to overseas companies since the start of the crisis, including nearly € 500 million for the accommodation and catering sectors.

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