HOT Taxes and the Austin Convention Center

*Austin’s hotel occupancy tax (HOT) is estimated to bring in $92 million this year and likely to cross the $100 million mark next year. State law requires the HOT tax be used to benefit and promote tourism to the Austin area. *The HOT tax is skyrocketing because tourists are flocking to Austin for live music; arts and cultural festivals; unique Austin restaurants, businesses, and cultural facilities; UT sports; Barton Springs, the Highland Lakes, and Lady Bird Lake; the State Capitol;[…]

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