Thursday, October 3, 2019

New Baltimore Tourism Improvement District expected to bring in $3.75M

The city’s tourism industry will get an estimated $3.75 million boost this fiscal year with the launch of the new Baltimore Tourism Improvement District — and industry leaders already know how they’re going to spend the extra cash. Board of Estimates members voted Wednesday to approve a financial plan for the initiative, which will place a 2% surcharge on room revenue at hotels within city limits. The idea behind the district, referred to in the industry as the BTID, is to raise more money for…



from https://www.bizjournals.com/baltimore/news/2019/10/03/new-baltimore-tourism-improvement-district.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/188106134527

No comments:

Post a Comment