Tourism sector cites Budget 2026 measures as boost to industry

THE Tourism and Hospitality Association of Guyana (THAG) says several measures outlined in Budget 2026 are expected to benefit the tourism industry, citing tax relief, infrastructural investment and workforce development as key areas of impact.

In a statement following presentation of the national budget, the private-sector body pointed to a range of fiscal and policy initiatives that, while not always labelled as tourism-specific, could lower operating costs and improve access to destinations across the country.
Among the measures highlighted are the removal of duties and taxes on all-terrain vehicles and outboard engines of up to 150 horsepower, which THAG said would reduce expenses for tour operators, river-transport providers and eco-lodges. The introduction of flat tax rates for double-cab pickup vehicles is also expected to ease transportation costs within the sector.
THAG also noted the reduction in the residency requirement for destination weddings, a change that could support growth in niche-tourism markets. In addition, the removal of corporate income tax on agriculture and agro-processing was identified as a measure that may strengthen agri-tourism linkages.
The association further pointed to the proposed establishment of a Guyana Development Bank, which is expected to provide zero-interest financing to small and medium-sized enterprises, including tourism businesses.
On the infrastructural side, THAG cited continued investment in transport and connectivity as significant for tourism development. These include the expansion and rehabilitation of hinterland and coastal airstrips, ongoing construction of the new arrivals terminal at the Cheddi Jagan International Airport and funding for navigational aids for domestic air and maritime travel.
Major road and bridge projects outlined in the budget—such as works along the Linden–Mabura Road and Kurupukari Bridge, the Mabura–Lethem corridor, and the New Amsterdam–Moleson Creek Highway—were also identified as initiatives likely to reduce travel time and transport costs to tourism destinations. Hinterland electrification and water-supply projects were noted as supporting tourism operations in remote communities.
THAG also welcomed the allocation of G$2.2 billion to complete and equip the Hospitality and Tourism Institute, describing it as a significant investment in skills development and service standards within the industry.
In addition, the association referenced budgetary support for cultural, creative and sporting initiatives, including projects under the Orange Economy and planned cultural infrastructures such as the Palmyra Cultural Market and the National Art Gallery and Museum. Urban development programmes, including the Georgetown Enhancement Programme and solid-waste management initiatives, were also cited as factors that could improve the visitor experience.
The association noted that Budget 2026 was presented without the introduction of new taxes, which it said contributes to a stable operating environment for businesses.
THAG said the range of measures across multiple sectors suggests tourism is being supported as part of a broader development strategy, even where projects are not explicitly designated as tourism-related.

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