There are 6 article(s) tagged Downtown Memphis Sheraton:
In a wide-ranging interview with The Daily Memphian, the new mayor also talked about the need to keep suspects accused of violent crime in jail, what will happen with the Sheraton hotel and the latest documents released related to Tyre Nichols' death.
The 5% surcharge on items bought and rooms rented at the Downtown Sheraton hotel goes to finance a renovation of the existing 600-room hotel by the Renasant Convention Center. City Council passes Klondike tax vote, but residents’ concerns remainRelated story:
The Memphis City Council session involves Klondike and Sheraton tax votes, as well as a look at the Dream Hotel next to Peabody Place and the city’s animal ordinance.
The terms of the tax incentive for adding a 300-room tower to the existing Sheraton convention center hotel include keeping the value of the existing hotel at its 1998 assessment for tax purposes. Although they don’t have a vote on the incentive terms, Memphis City Council members say their concerns are linked to their vote on a hotel tourism surcharge.
The council renews discussions Tuesday on a damage deposit agreement for the Memphis In May International Festival’s use of Tom Lee Park as well as a tourism surcharge for the Downtown Memphis Sheraton Hotel.
Council members will discuss the proposed Tourism Development Zone 5% surcharge — which would be charged on hotel guests’ bills — at an 8:30 a.m. committee session Tuesday, Nov. 15.
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