AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Tax-exempt hotel financing: A primer for finance officers.
Because of the limited availability of conventional financing for full-service convention center headquarters hotels, many governments are turning to the tax-exempt bond market to finance their projects.
Convention centers stimulate local economic activity by attracting visitors to the community. In an increasingly competitive convention market, success in attracting new visitors depends on having hotels proximate to the convention center. Recognizing hotel proximity as an important competitive factor, many cities are pursuing development of quality, full-service hotels adjacent to their convention centers. These hotels, which serve as headquarters for convention ...
- Boost in hotel tax puts Hawaii closer to issuing convention center bonds.
- Magazine article from: The Bond Buyer Altman, Brad September 16, 1994 700+ words
...dedicated to backing tax-exempt convention center bonds, said Eugene...to fund the convention center. Revenues from the 1% tax "will be increasing...found that a hotel tax earmarked toward...the Indianapolis Convention Center was inappropriate...
- Colorado Springs, Colo., convention center gets boost for property tax levy.
- Newspaper article from: Knight Ridder/Tribune Business News November 19, 2004 700+ words
...property owners' tax bills -- could...earmarked toward a convention center and to encourage...depending on its size. Convention center backers have approached...fees, increased tax revenue generated...and auto rental tax. No action has...the concept of a convention ...
- Incoming Allegheny County, Pa., Chief Against Any Convention Center Tax.
- Newspaper article from: Pittsburgh Post-Gazette (Pittsburgh, Pennsylvania) (via Knight-Ridder/Tribune Business News) December 11, 2003 700+ words
...support new taxes to eliminate...Lawrence Convention Center or to help...percent hotel tax to deal with...proposed convention center hotel. Sports...3 percent tax on car rentals...increased taxes to pay for...cover the convention center's operating...
- Convention Center growth plan hits snag; Carlson against raising the sales tax,...
- Newspaper article from: Star Tribune (Minneapolis, MN) Wascoe, Dan, Jr. February 3, 1997 700+ words
...percent in sales tax to repay Convention Center debt, the tax would rise to...also imposes taxes of 3 percent...rate for the Convention Center and transit and also extends the tax to untaxed items...or property taxes because people...
- Heftier fees could fund convention center; Auditor wants cash without touching...
- Magazine article from: Crain's Cleveland Business Bennett, David July 29, 2002 700+ words
...required for a convention center project, which...fees instead of taxes might be more palatable...helping solve the convention center funding dilemma...declining sales tax revenue and lower...without raising any taxes. Some of these...
- City Council studies bed tax hike to help Convention Center. (hotel bed)
- Magazine article from: Los Angeles Business Journal Deady, Tim July 16, 1990 700+ words
...City Council studies bed tax hike to help Convention Center The Los Angeles City Council...generally agreed that the new tax was needed, although...concern that the additional tax indeed be spent on the Convention Center. "Right now Los Angeles...
- Letters.(convention center tax debate)
- Magazine article from: Crain's Cleveland Business September 15, 2003 700+ words
...support for a convention center tax issue based on...endorsed a lakefront convention center more than a year...reason that this tax issue will not...has the present convention center as bait to lure...for a November tax issue drew closer...
- HOTEL BOARD BALKS AT PROPOSED TAX HIKE FOR CONVENTION CENTER.(VIRGINIA BEACH...
- Newspaper article from: The Virginian Pilot March 22, 2001 700+ words
...in stone. Any tax increase would...noted. A new convention center also would require...restaurant meal taxes, a proposal...the cigarette tax to help offset convention center construction...room and meal taxes could place the...
