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Palm Springs staff outline convention center renovation, propose 1% hotel assessment for a Tourism Improvement District
Summary
City staff and Visit Greater Palm Springs presented a plan to renovate the Palm Springs Convention Center and create a Tourism Improvement District (TID) that would levy a 1% self-assessment on hotel room revenue; staff estimates the project could raise millions in visitor spending and generate $4–4.1 million annually for the TID if businesses approve.
City staff and Visit Greater Palm Springs presented a multi-phase plan to renovate the Palm Springs Convention Center and to form a Tourism Improvement District (TID) that would levy a 1% self-assessment on hotel room revenue to support debt service and ongoing capital reserves.
At a Feb. 19 meeting of the Measure J Oversight Commission, Chris (city staff) said the consultant study modeled three scenarios: a do-nothing baseline, a midterm package of facility improvements and a full build-out that includes an east-side expansion. "Annual attendee direct spend right now is somewhere in the vicinity of the $43,000,000 mark," Chris said, adding that the improvements-only scenario would raise that figure…
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