Oklahoma City Council advances proposal to increase hotel tax – KOCO Oklahoma City

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Oklahoma City voters could soon be asked if they want to increase the cost of renting a hotel room within city limits. >> Download the KOCO 5 AppThe Oklahoma City Council advanced a measure Tuesday to increase the city’s hotel tax by 3.75%. Supporters of the measure argued this would actually increase tourism. “The largest portion of this increase is really focused towards marketing and promotion for convention and tourism, and also for our sponsorship funds,” Craig Freeman, the Oklahoma City manager, said. The proposed tax increase, which hasn’t been adjusted in two decades, would raise the current rate from 14.13% to 17.88%. The tax paid by hotel guests is a combination of the city’s sales tax and visitor tax. The proposed change would only affect the visitor tax portion.”What follows is actually a boost in revenue per available room,” Zac Craig from Visit Oklahoma City said. The Oklahoma City Convention and Visitors Bureau noted that other cities have seen benefits from similar tax increases. According to the proposal, 75% of the new tax revenue would be allocated towards marketing Oklahoma City. The remaining funds would be used for sponsoring events and improving the fairgrounds and the convention center.Get the latest news stories of interest by clicking here.”Really trying to focus towards those primary areas that bring the greatest number of visitors. It’s why we focused on fairgrounds and convention center capital improvements, but the intent is to be promoting and providing sponsorships that affect the entire city,” Freeman said. The ordinance passed the council with a unanimous 7-0 vote. However, it will require another vote from the council later this month. If the tax increase continues to advance, Oklahoma City voters will have the opportunity to either approve or reject it on August 27th. The next council vote is scheduled for May 21, with public comments to be heard on May 14.Top Headlines Death reported in Barnsdall after tornadoes and severe storms bring damage to Oklahoma: What we know Osage County sees damage during tornado emergency Monday night WATCH: Sky 5 shows storm damage left behind in Oklahoma City metro 8 tornadoes reported so far in Oklahoma during Monday night’s severe storms WATCH: Family’s surveillance video captures damage in Douglas during severe storms Monday

Oklahoma City voters could soon be asked if they want to increase the cost of renting a hotel room within city limits.

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The Oklahoma City Council advanced a measure Tuesday to increase the city’s hotel tax by 3.75%. Supporters of the measure argued this would actually increase tourism.

“The largest portion of this increase is really focused towards marketing and promotion for convention and tourism, and also for our sponsorship funds,” Craig Freeman, the Oklahoma City manager, said.

The proposed tax increase, which hasn’t been adjusted in two decades, would raise the current rate from 14.13% to 17.88%.

The tax paid by hotel guests is a combination of the city’s sales tax and visitor tax. The proposed change would only affect the visitor tax portion.

“What follows is actually a boost in revenue per available room,” Zac Craig from Visit Oklahoma City said.

The Oklahoma City Convention and Visitors Bureau noted that other cities have seen benefits from similar tax increases.

According to the proposal, 75% of the new tax revenue would be allocated towards marketing Oklahoma City. The remaining funds would be used for sponsoring events and improving the fairgrounds and the convention center.

Get the latest news stories of interest by clicking here.

“Really trying to focus towards those primary areas that bring the greatest number of visitors. It’s why we focused on fairgrounds and convention center capital improvements, but the intent is to be promoting and providing sponsorships that affect the entire city,” Freeman said.

The ordinance passed the council with a unanimous 7-0 vote. However, it will require another vote from the council later this month.

If the tax increase continues to advance, Oklahoma City voters will have the opportunity to either approve or reject it on August 27th. The next council vote is scheduled for May 21, with public comments to be heard on May 14.


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