Verrazzano Narrows Bridge New York
Photograph ©2015 by Brian Cohen.

No Occupancy Tax on New York Hotels in 2021 For Three Months

Staying at a hotel property in New York will become slightly less expensive on Tuesday, June 1, 2021 due to the suspension of the hotel room occupancy tax rate for three months as a result of an executive order which was signed by the current mayor of the City of New York.

No Occupancy Tax on New York Hotels in 2021 For Three Months

The relief — which will be provided by the temporary elimination of the hotel room occupancy tax rate through Tuesday, August 31, 2021 — is designed to help stimulate and accelerate the recovery of the hotel industry, which has been particularly hit hard by the current 2019 Novel Coronavirus pandemic. This executive action by Bill de Blasio will help hotel properties in the city to keep their doors open, retain jobs, and gain a more stable footing as New York continues on its path toward a full recovery — and allows management at hotel properties room to lower room rates for guests.

“The dramatic decrease in tourism and business travel due to the pandemic has had a significant impact on the hotel industry”, according to this official statement from the City of New York. “The stresses on the industry are evident in a number of key indicators, including substantial decreases in jobs, inventory, and occupancy rates. Revenue from the hotel room occupancy tax is down approximately 89% as compared with Fiscal Year 2020, further demonstrating the pandemic’s impact on the industry.”

Travelers from another states or territories of the United States are no longer required to quarantine after entering the state of New York effective as of Thursday, April 1, 2021.

Summary

You may just save some money on lodging in New York if you plan on visiting the city between Tuesday, June 1, 2021 and Tuesday, August 31, 2021.

Now, if the tolls of bridges and tunnels would be temporarily eliminated in order to get in and around New York, the city may see a significant boost in revenue from visitors — but we know that will never happen, as tolls of bridges and tunnels are only going to become more expensive

The Verrazzano-Narrows Bridge connects Fort Hamilton in Brooklyn with Fort Wadsworth in Staten Island via Interstate 278. Photograph ©2015 by Brian Cohen.

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