Singapore’s 2010 Formula One (F1) levy on hotel room revenues is to remain at four-nights the Singapore Tourism Board has confirmed.The F1 hotel levy will take effect from Thursday, 23 September 2010 to Sunday, 26 September 2010. Rates for the F1 levy on hotel room revenues in 2010 remain unchanged from 2009 and 2008. The rates are: (i) 30% of the total revenues from rooms and room packages for trackside hotels; and (ii) 20 per cent of the total revenues from rooms and room packages for all other tourist hotels. Full Story
