User name
Password
Remember me
Forgot your password

  • U-20 Women's World Cup Papua New Guinea 2016
    Papua New Guinea is proud to be the 2016 host of the FIFA Under 20 Women’s World Cup in Port Moresby.
    Read More about this Event
  • Enga Show
    The people of Enga will be celebrating their 2017 cultural show August 11th-13th in Wabag Town. Come along for a thrilling event showcasing the best of Enga and Highlands culture.
    Read More about this Event
  • Crocodile Festival
    This special festival celebrates one of Papua New Guinea's famous tribal heartlands and the significance of the revered crocodile - a motif throughout Sepik River culture.
    Read More about this Event
  • Madang Festival
    June 9th-10th, 2017: One of Papua New Guinea’s idyllic coastal townships come together together celebrate its many unique resident cultures.
    Read More about this Event
  • Mask Festival
    A cultural extravaganza set in Kokopo, featuring iconic mask performances from East New Britain.
    Read More about this Event
  • Frangipani Festival
    The residents of Rabaul invite you to their annual Frangipani Festival: September 15th to 17th. The festival celebrates the rebirth of Rabaul after the 1994 volcanic eruptions:
    Read More about this Event
  • World Surf League Longboard Event 2017
    The Inaugural World Surf League Men's and Women's Longboard International Event will be hosted in Madang Province at Tupira mira Ulingan Bay in Bogia, Madang Province.
    Read More about this Event
  • Kenu & Kundu Festival
    Stunning traditional canoes and 'kundus' feature prominently in this exciting cultural festival held in Alotau, Milne Bay Province.
    Read More about this Event
  • Bilum Festival
    Karkar Island Bilum Festival: See bilum-weaving displays, arts, crafts and colorful singsings - experience Karkar Island at this unique festival in Madang Province.
    Read More about this Event
  • Morobe Show
    The Morobe show is an annual event hosted by the Morobe Provincial Agricultural Society, in Papua New Guinea’s second largest city.
    Read More about this Event
  • Goroka Show
    The 2017 Goroka Show will be held September 16th to 17th. Come along and be a part of this spectacular cultural festival uniting tribes in the Highlands of Papua New Guinea.
    Read More about this Event
  • Hagen Show
    The 2017 Hagen Show is set for August 19th to 20th. Held in the Western Highlands township of Mt. Hagen, the cultural show is expected to be a rousing event.
    Read More about this Event
  • Paiya Mini Show
    The Paiya Mini Show is a cultural event staged annually in Paiya Village, Western Highlands Province. The specialty show is set for August 18th in 2017.
    Read More about this Event
  • Game Fishing Titles
    The 2017 Papua New Guinea National Game Fishing Titles will be in Madang Province, April 8th to 16th.
    Read More about this Event
  • PNG Games 2017
    The PNG Games 2017 is set to take place in Kimbe, West New Britain Province, featuring 22 provincial teams and 12,000 athletes competing for gold, silver and bronze.
    Read More about this Event
    
Kokoda TrailHotel Dining Room

Government focus on tourism development

Papua New Guinea’s Vision 2050 and the Medium Term Development Plan (MTDP) 2011-2015 sees tourism rising to become a significant driver of the economy. This government recognition is supported by tax incentives such as double deductions for costs associated with export market development, and double deductions for tourism staff training costs. Accelerated depreciation is yet another form of tax incentive whereby capital investment in eligible tourism facilities qualifies for 55% increased initial-year depreciation. Investors in large-scale tourist accommodation facilities may be eligible for a concessional tax rate of 20%.

Investment Protection and Guarantees

Foreign investment in Papua New Guinea is facilitated, regulated and monitored by the Investment Promotion Act and is subject to guarantees under the Multilateral Investment Guarantee Agency and other international agreements.

Incentives For Tourism Investment

The Papua New Guinea government has targeted tourism as a priority area for the economic development of the country and for the creation of both rural and urban employment opportunities. The national government’s Medium Term Development Strategy (MTDS) has called for tourism to be a significant driver of the economy. The MTDS supports the use of fiscal policy tools to promote Papua New Guinea’s tourism industry, particularly the extension of existing tax concessions to the industry, provided a comprehensive appraisal of these incentives is conducted to make sure that the increased benefits from tourism are outweighing the costs of reduced tax revenue from tourism operators.

The development and expansion of tourism in Papua New Guinea is spearheaded by the Papua New Guinea Tourism Promotion Authority, with the support of government agencies and industry partners such as the Investment Promotion Authority, Internal Revenue Commission and Papua New Guinea Tourism Industry Association.

Key Trends and Developments in Papua New Guinea Tourism Industry

Recent developments in tourism hospitality included refurbishment and expansion of several well known Port Moresby hotels. The Airways Hotel is adding 63 new suites and providing retail space, a day spa, coffee shops and conference facilities. The Gateway Hotel and the Ela Beach hotel have indicated plans for expansion and refurbishment in 2009-2010 and more than US$50 million has already been invested in upgrading the Holiday Inn and Crowne Plaza hotels.

An upsurge in business tourists requiring accommodation in Port Moresby has meant good quality hotel rooms are often in short supply. Several new hotels are in the wind to ease this shortage including a luxury hotel planned by the Kumul Group which owns the existing Crowne Plaza and Holiday Inn complexes. The Coral Seas Hotel Group, which operates the largest chain of hotels in Papua New Guinea, has a 12-storey complex under construction in Port Moresby to add to Coral Seas’ growing chain. Coral Seas’ new complex on Mary Street combines residential and short-term apartment accommodation. The combination of short- and long-term accommodation is also favoured by the developers of the Kingfisher Apartments and Reef Apartments.

Extra rooms provided by refurbishments, extensions and new developments underway in 2009 are expected to be available in 2010. Although easing the accommodation shortfall, these are unlikely to fully satisfy the growing demand for high-standard accommodation in the country’s capital.

The capital city is not alone in attracting new hotel developments. Major cities like Madang, Kokopo and Lae also have new hotels under construction or existing ones undergoing expansion to add new rooms and apartments in 2009.

Click here to view the full guide.
Home
» Home
» Monthly Market Watch
» Master Plan Updates
» Contact our Trade Team
About PNGTPA
» PNG Tourism Master Plan
» Roles & Functions
» Why have an organisation like TPA
» Organisational Structure
» Our Vision, Our Mission, Our Values
» Helpful Industry Contacts
» Investment Opportunities
Trade Product
» Travel Trade Welcome
» Product Fact Sheets & Guidebooks
» Order a Directory
» Travel Agents' Tips
» Travel Agents' Tips
» Visa Information
» Missions & Posts
» Famil Information
» New Product Development
» New Product Development
» Boluminski Bicycle Tour
» Mt Wilhelm
» Tigak Sea Kayaking – New Ireland Province
» Tari Basin Eco-tourism Project
Tourism Resources
» Tourism Statistics & Reports
» Tourism Statistics & Reports
» Annual Visitor Arrivals Statistics
» Monthly Visitor Arrivals Statistics
» Quarterly Visitor Statistics
» Annual Visitor Arrival Reports
» Visitor Survey Reports
» Tourism Forecast Reports
» Travel Brochures
» Product Development Guidebooks
» Business Resources
» Business Resources
» Tourism Week 2016
» Helpful Industry Contacts
World Bank Project
» World Bank PNG Tourism Development Project
Media & News
» Media & News
» Latest Industry News
» Image Library
» Media Events
» Industry Events
» Famil Information
» Contact our Media Team
Our Location
» our_location
email this pagesite maplegal information | login
evoSuite Tourism Marketing Software | Web Design by ReserveGroup
Join Papua New Guinea Tourism on Twitter Become a fan of Papua New Guinea Tourism on Facebook