Stop quoting prices in foreign currencies – Hotels Association to members

Ghana Hotels Association has instructed its members to stop quoting prices in foreign currencies.

President of the Association, Edward Ackah Nyameke Jnr in an exclusive interview with JoyBusiness said that the Association had written to the Governor of the Bank of Ghana over concerns raised by the central bank over some hotels quoting in dollars.

According to him, “the BoG’s notice on the matter shows that services and products should be quoted in cedis and we are saying we agree on this matter.”

He added that the Association, “has met all the big hotels on this issue for them to quote in cedis” and that “any hotel quoting in dollars is infringing on the law.”