San Diego Vacation Rentals Saved From New Hotel Tax
On January 1, 2008 The city of San Diego will be raising the hotel tax to 12.5% from 10.5% for hotels with 70 or more rooms. This is a great boost for all owners of San Diego vacation rentals.
This new hike will help San Diego’s local tourism because the money will be set aside for a newly created Tourism Marketing District. This new marketing disctrict will focus on promoting San Diego local visitor attractions ultimately helping all lodgin and accomodations. The city is expecting to create $26 million to $30 million in annual revenue from the 2 percent increase.
There are hundres of San Diego vacation rentals that were excited about this news. George You, the owner of Mission Sands Vacation Rentals said, “Right now the money is greatly needed to help keep San Diego at the same pace as Orlando and Vegas. There certainly is a lot of media promotion for cities like Vegas and Orlando and it would be great for San Diego to get in on some of that advertisement in other areas.”
Many of the owners of San Diego vacation rentals were pleased to hear that they wouldn’t have to be quoting much higher rates to visitors for a higher tax. It’s hard enough already to quote the additional 10.5%.
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- George You
- Mission Sands Vacation Rentals
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