OKLAHOMA CITY – A proposed increase to the hotel room tax in Oklahoma City is likely heading to local voters for a final decision late this summer.
As reported by local television station KOCO, the Oklahoma City council recently voted to raise the city’s hotel tax by 3.75 percent. The proposed increase would increase the tax rate from 14.13 percent to 17.88 percent. According to the article, the tax rate has not been increased in two decades.
The article states that 75 percent of the new tax revenue would go to marketing the city, while the rest would be used for sponsoring events and improvements to local fairgrounds and convention centers. Zac Craig of Visit OKC says if the change is implemented, it would mean a boost in revenue per available room.
While the council supported the increase unanimously, the proposal still requires public comment on May 14 and one more council vote on May 21 before it can be sent to Oklahoma City voters in late August.
I personally think we charge enough taxes. We want repeat customers and don’t want to run them off. I think you treat people right now and you make more in returns
Too much of the tax is going into marketing!
Is this Marketing going to benefit the hotels?