Hotel occupancy tax system outdated – Ken Corp. calls for equitable treatment

During his presentation as a featured guest speaker at the Captain Real Estate Group's Micronesia Real Estate Investment Conference Oct. 3 Hayato '"Jack"" Yoshino president of P.H.R. Ken Asset Management Inc. said ""I would like to see the government do a review of the hotel occupancy tax. As you know the hotel occupancy tax goes into the marketing and promotion of Guam. Everyone in the tourism industry should share the burden responsibilities and benefits not just hotels. [Payment of] the occupancy tax should be shared by everybody in the tourism industry but now only hotels pay this . . .

This content is available only to subscribers. If you are a member, please log in.


Share This Post