The Valley Forge Tourism and Convention Board has asked Montgomery County officials to increase the areas hotel tax rate from two to four percent. This would bring it in line with neighboring counties and raise funds for marketing the area as a go-to destination, writes Alison Burdo for Philadelphia Business Journal.
The increase would apply to 74 hotels in Montgomery County. It would mean that for rooms with a current average rate of $119 per night, the tax increase would add just under $2.50.
Supporters of the proposal also noted that increasing the tax would bring in further resources for the county without affecting its growth. The tourism agency has already announced that it is expecting to see a record year for the county, thanks in part to the Democratic National Convention.
The proposal is the latest in a line of efforts from the Valley Forge Tourism and Convention Board to help boost economic growth in Montgomery County. The organization is also looking at increasing other revenue streams by attracting more sports business, tournaments and conventions.
Read more about the proposed increase at Philadelphia Business Journal by clicking here.