NYC hotel association advises hotel tax hike

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NEW YORK -- The executive committee of the Hotel Association of New York is recommending an additional hotel tax of $1.50 a night to help pay for the expansion of the Jacob Javits Convention Center, a hotel association spokeswoman confirmed.

The proposal still needs to be ratified by the full board, which could happen as early as next week, the spokeswoman added.

As reported, New York City officials and the hotel association have been discussing ways to help finance the expansion of the convention center, which is seen as key to boosting the city's share of the lucrative conventions market.

The hotel association said the tax would likely be a temporary measure to help fund the Javits Center expansion, estimated to cost $1.4 billion.

The city currently has a 13.625% hotel tax.

To contact reporter Jorge Sidron, send e-mail to [email protected].

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