CITY OFFICIALS are considering tourism improvement district funded by a 2% assessment on all lodging revenue from hotels, including the Graduate Providence shown above. /PBN FILE PHOTO MARY MACDONALD
PROVIDENCE – The city finance committee on Tuesday set a public hearing on a proposal to create a special district to raise revenue in support of the city’s tourism and hospitality industry. The Providence Tourism Improvement District, if enacted, would be funded by a 2% assessment on all lodging revenue from hotels with 50 or…
Sounds like a perfect solution to me. We should try this method to finance other things.