As the hospitality industry faces an unprecedented crisis brought on by the COVID-19 pandemic, the Beverly Hills City Council unanimously supported a further deferral of the Transient Occupancy Tax (TOT). A hub of high-end tourism, Beverly Hills generates significant revenue from the TOT, which levies a charge on hotel guests within the City. With the City in the grips of the third wave of COVID-19 and tourism ground to a halt, the Council agreed to extend the tax relief for a third time to help its hotels.
“We’re a partner with these hotels,” Councilmember Lili Bosse said. “They’ve been a tremendous asset to us with TOT funding in the years past, and this year, things are really challenging. We need to be a partner with them, as well.”
