Auckland accommodation levy will scuttle us, hoteliers say

Auckland accommodation levy will scuttle us, hoteliers say
The Grand Millennium, pays a levy of more than $144k a year on a capital value of $100m.
Brent Melville
The resurrection of Auckland's much-maligned targeted accommodation tax will be like killing the goose that lays the golden egg, say city hotel owners and private booking providers.The Accommodation Providers’ Targeted Rate, introduced in 2017 by Auckland Mayor Phil Goff to help cover about $29 million of annual spending to attract visitors to the city, is the guts of the problem. The tax generates about $15m for the city’s economic and cultural agency Auckland Unlimited, about half of its spending. It was suspended last Ma...

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