29 May 2014

Honolulu mayor seeks hotel property tax hike

3:12 pm on 29 May 2014

The mayor of Honolulu in Hawaii is asking the City Council to apply higher property taxes on hotels to help pay for housing for the homeless in Waikiki.

The Honolulu Star-Advertiser reports Mayor Kirk Caldwell wants the City Council to increase the tax rate by one dollar to 13.40 dollars on each 1,000 dollars of hotel land.

Mr Caldwell says this will generate about four million US dollars to help address the homeless situation.

The newspaper says the hotel owners have opposed higher rate, saying their industry is having to cope with a tourism downturn.