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Rising Real Estate Taxes

Rising Real Estate Taxes

It’s inevitable. Hotel real estate taxes will be going up because values are increasing. That means you need to figure out how much your property’s growing value might be hampered by increasing property taxes. A tax consultant who knows hotel ...

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Booking Sites to Pay Chicago $29 Million in Taxes

On Oct. 29, Chicago’s city council announced that they concluded a 10-year-old case against travel websites that offer discount rates. Expedia, Hotels.com, and Hotwire will pay the city $29 million, according to the Chicago Tribune. The cost is the amount ...

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How Tax Extensions and Regulations Will Impact Hotels

How Tax Extensions and Regulations Will Impact Hotels

There’s no easy way to say it—the lodging industry will likely face tax challenges in the next 12 months. The past year was fraught with congressional bickering, partisanship, gridlock, and, consequently, no passage of any major tax legislation. There was ...

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Bahamas Repeals Hotel Guest Tax

In order to attract more visitors and increase their value for money, the government of The Bahamas has reduced hotel taxes. The Ministry of Finance, in conjunction with the Ministry of Tourism, repealed the Hotel Guest Tax of 10 percent ...

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Wyoming Wins Battle Over Lodging Tax

Wyoming Wins Battle Over Lodging Tax

Online travel companies should remit sales and lodging tax on the full booking price of hotel rooms, The Wyoming Supreme Court ruled Thursday. According to the Wyoming Tribune Eagle, the ruling affirms a decision by State Board of Equalization in ...

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