How are CVBs funded?

Name: How are CVBs funded?
Brand: Quizplus
Rating: 4.7 (46 reviews)

Question

Quizplus · Accepted Answer

CVBs are primarily funded through hotel occupancy taxes, which are collected by the city or county and allocated to local tourism promotion and development efforts. This is why a hotel stay often incurs an additional tax fee called a "bed tax". Other sources of funding for CVBs may include grants, private donations, or sponsorships, but hotel occupancy taxes are the primary funding mechanism.

How Are CVBs Funded