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Peoria’s Tourism Tax Plan | Peoria News
Peoria’s rolling out a bold new plan to supercharge tourism: a 1.5% tax on short-term hotel stays, with all proceeds funding Discover Peoria’s marketing and growth efforts. Twelve local hotels already back the initiative, which could launch as early as November—with a five-year start, extendable for ten. The tax will be added seamlessly to existing hotel bills. Meanwhile, city leaders are eyeing the West Main area with a Tax Increment Financing district to jumpstart development, tackle vacant storefronts, and reconnect the university to downtown—aiming to reignite economic and community…
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