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Hotels oppose plan to raise property tax

By Gordon Y.K. Pang

POSTED: 01:30 a.m. HST, Apr 17, 2014

~~<p>Waikiki hotel and resort officials say they oppose the idea that their tax rate will rise next year when rates for most other property owners will not.</p>
<p>Already paying $12.40 for each $1,000 of assessed value, higher than other tax classifications, hotel and resort owners warned Hono&shy;lulu City Council members Wednesday that raising the rate by $1 to $13.40 per $1,000 would result in higher taxes they will need to pass on to customers.</p>
~~

Waikiki hotel and resort officials say they oppose the idea that their tax rate will rise next year when rates for most other property owners will not.

Already paying $12.40 for each $1,000 of assessed value, higher than other tax classifications, hotel and resort owners warned Hono­lulu City Council members Wednesday that raising the rate by $1 to $13.40 per $1,000 would result in higher taxes they will need to pass on to customers. Login for more...



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