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La Entrada to restart construction amid tourism tax boom
In another sign that the region’s tourism industry is entering boom times again, the city of Santa Barbara experienced double-digit growth in hotel taxes in the first eight months of its fiscal year. During the annual State of the City breakfast on March 24, City Manager Jim Armstrong said that Transient Occupancy Tax, or TOT, Read More →
$15M tax break might jump start Miramar
Los Angeles-based Caruso Affiliated is one step closer to breaking ground on Miramar Beach Resort & Bungalows in Montecito after the Santa Barbara County Board of Supervisors voted to move forward on an ordinance that would give hotel developers a 10-year tourism tax break. Rick Caruso’s development company, which is at the helm of the Read More →