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Recital 4

Recital 4

(4)The majority of European businesses operating in the tourism industry are small or medium-sized, and the strategic importance of small and medium-sized enterprises (SMEs) in European tourism is not confined to their economic value and their substantial job-creation potential. They also underpin the stability and prosperity of local communities, safeguarding the hospitality and local identity that are the hallmark of tourism in Europe’s regions. Given the size of SMEs, the potential administrative burden needs to be considered, and a system of thresholds should be introduced so that users’ needs can be met, while at the same time reducing the burden of response on the parties responsible for providing statistical data, particularly SMEs.

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