The Peabody to become special tourism tax zone
The Center City Revenue Finance Corp. approved the special tax status that would create a Peabody Hotel Surcharge during its meeting Tuesday, Nov. 9. (Brandon Dill/Daily Memphian file)
The creation of the Peabody Hotel Surcharge will finance capital investments to the property totaling more than $125 million over the next 30 years for long-term preservation.
Topics
The Peabody Downtown Memphis Commission Center City Revenue Finance Corp. Peabody Hotel GroupRob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
Comments
Want to comment on our stories? If you’re a subscriber, scroll down to the comments. If you’re not a subscriber, only paid subscribers can add their thoughts, so subscribe now. Our commenting policy can be viewed here.