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AID FOR HOTELS

A Eoyal decree published in Home recently allots a. yearly credit of 10,000,000 lira (about £108,000 at par; for the assistance of Italian hotels which cater for tourists. The main object is to reduce present debts and facilitate, fresh credits.. The Italian Tourist Commissioner will ! decide, iv consultation with the appropriate Ministry,^ what proportions the sum is to be divided each: year; Hotels which do not offer, a prospect of profitable business may tie excluded f -om';tli<; operation of this -measure, which in any case only applies "to. "concerns of utility trom the point of view of tourist traffic."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19321015.2.169.4

Bibliographic details

Evening Post, Volume CXIV, Issue 92, 15 October 1932, Page 23

Word Count
102

AID FOR HOTELS Evening Post, Volume CXIV, Issue 92, 15 October 1932, Page 23

AID FOR HOTELS Evening Post, Volume CXIV, Issue 92, 15 October 1932, Page 23

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