Jun 01 2009
The Big Apple Will Increase Taxes In Hotel Stays
According to the city’s commission, the Big Apple will increase a 2% bed tax increase. This is to help cover the growing expenses of the city and raise more revenue in a time when the municipality is squeezed for cash.
The city commission has already passed the increase meaning that hotel stays in the Big Apple will go up from 5% to 7%.
Mr. Bernie Hayen, City Director, has commented:”They weren’t against it, but they were cautious about whether or not it should be one percent as opposed to two percent.”
Authorities from the Hotel industry in Manhattan have been complaining about this drastic change and they have already expressed their concerns at the city commission meeting.







