AGP Executive Report
Last update: 6 hours agoTourism Costs: Budget 2027 raises Malta’s nightly tourist levy from €1.50 to €8 in hotels and €10 in short-term rentals from January, with revenue forecast at €182 million. Gozo ferry and Comino charges will also rise. Hotel and restaurant operators warn the added costs could hurt competitiveness and push Malta towards price-driven mass tourism. Business Outlook: The Malta Chamber welcomed the tourism charges but said the Budget lacks a clear plan for productivity and long-term growth. Developers also warned higher taxes and foreign-worker fees could raise consumer and property costs. Energy Security: The Government will spend another €400 million on energy subsidies in 2027 to shield households and businesses from price rises, while work advances on Malta’s second electricity interconnector. Industry and Exports: Malta Fish Farming is targeting 1,000 tonnes of bluefin tuna exports to China, as the sector seeks to grow its presence in a major market.
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