Tulsa May Provide Aid to Attract New Downtown Hotel

Watts, Jim
July 2006
Bond Buyer;7/13/2006, Vol. 357 Issue 32422, p32
Trade Publication
The article reports that the public financing of an upscale hotel in Tulsa, Oklahoma is being considered by the city to help avoid a forecast shortage of hotel rooms when the new bond-financed arena and renovated convention center complex opens for business in the fall of 2008. Hotel occupancy rate is expected to reach nearly 67 percent from the current 56 percent.


Related Articles

  • Public money can be double-edged sword. Higley, Jeff // Hotel & Motel Management;3/15/2004, Vol. 219 Issue 5, p4 

    Public financing of hotels might be a good short-term solution to a municipality's thirst for more hotel rooms and a convention center, but it could create a long-term problem for the lodging industry in the U.S. Several participants of a Lodging Industry Investment Council roundtable held in...

  • Rincon Vows to Fight County Tax on Hotel Rooms. Lewis, Connie // San Diego Business Journal;6/28/2004, Vol. 25 Issue 26, p7 

    Reports on the implication of the federal Indian Gaming Regulatory Act or a tax ordinance covering hotels in the unincorporated areas of San Diego County, California for the attempt to collect a hotel room tax from Harrah's Casino and Resort. Explanations from John Currier, chairman of the...

  • JOHNSON COUNTY.  // Indianapolis Business Journal;12/15/2008, Vol. 29 Issue 42, p19 

    The article reports on the approval of the imposition of a 7-percent tax on hotel-room stays in Johnson County in Indiana. It mentions that County officials have earmarked half the money to start a tourism and convention bureau and the other half to pay back a $22 million loan that funded...

  • Hotel tax receipts dip. Czurak, David // Grand Rapids Business Journal;3/23/2009, Vol. 27 Issue 12, p1 

    The article reports that revenues from hotels and motels declined by 1.2% compared to figures between 2006 and 2007. It warns that the Grand Rapids county in Michigan will see its budget depleted by yearend and officials will have to inject new cash to stabilize it for next year. Hotels are not...

  • Macau's convention aims fuelled by hotel openings.  // Travel Trade Gazette UK & Ireland;3/9/2007, Issue 2757, p57 

    The article reports on the opening of convention center by the government of Macau. The government's bid for a share of the meetings and incentive market with take a major leap forward with the opening of one of the biggest hotels in the region. The $2 billion property is also part of the major...

  • ROOM TO TAX. Burkey, Brent // Central Penn Business Journal;2/25/2011, Vol. 27 Issue 9, p1 

    The article reports on the proposal of the leaders in York County, Pennsylvania to increase the county's three percent hotel occupancy tax to five percent to aid fund tourism initiatives. It reveals that the plan for an increased tax could generate an additional 700,000 dollars to 1 million...

  • Phoenix Hotel Rising. Watts, Jim // Bond Buyer;4/25/2006, Vol. 356 Issue 32367, p29 

    The article reports on the opening of a multi-million dollar bond-financed Sheraton Phoenix Downtown by the fall of 2008 in Phoenix, Arizona. It is being built with proceeds of revenue bonds sold in late 2005. Sheraton Phoenix Downtown is considered critical to the success of the Phoenix...

  • Hoteliers Oppose Hotel Room Tax Hike Initiative. Lewis, Connie // San Diego Business Journal;8/23/2004, Vol. 25 Issue 34, p6 

    Reports on the San Diego Lodging Industry Association in California's submission of a ballot argument opposing a hotel room tax increase. Provisions under the proposed tax increase; Association's hiring of Voter Consumer Research to poll voters on the issue; Plans of City Manager Lamont Ewell on...

  • Hotel tax holds key to tourism.  // Crain's New York Business;5/2/2005, Vol. 21 Issue 18, p10 

    This article focuses on the hotel industry in New York. Some time this month, New York's mayor Michael Bloomberg will name a commission to come up with ways to encourage hotels like the Plaza to resist the temptation to convert to highly profitable condominiums. The mayor needs to launch a major...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics