Hotels in Minneapolis, Minnesota, could implement a booking tax in order to boost tourism. The city saw a “record-breaking” number of hotel guests in summer 2024.
Americans are flocking once again to Minneapolis, Minnesota, with the Twin Cities seeing a rebound in visitors.
Many local hotels are pushing to create a tourism improvement district (TID) which would implement a hotel tax in order to fund different tourism initiatives.
TAX ON TOURISTS AND TRAVELERS COMING SOON TO THIS POPULAR CITY
Last summer, Minneapolis had a “record-breaking” number of hotel guests bringing in $131 million, which is 8% more revenue seen than in the summer of 2019, according to Meet Minneapolis, the city’s convention and visitor’s bureau.
Roughly 680,000 hotel rooms were booked during the summer with a 68.1% occupancy around the city.
“The Minneapolis Convention Center hosted nearly 50 meetings, events, conventions and trade shows, attracting more than 116,000 attendees to the downtown venue,” Meet Minneapolis reported.
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State legislation passed in 2023 requires 51% of hotels to opt in along with City Council approval to form TID.
Melvin Tennant, Meet Minneapolis CEO, shared that 73% of hotels are on board to create the tourism improvement district, Axios reported.
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The group is looking “to get even more ‘to show that this is a mandate,’” according to Axios.
Tennant said the group is looking at a 2% surcharge on bookings.
Fox News Digital reached out to Meet Minneapolis for comment.
