Disneyland Moves to Cancel $267 Million Hotel Subsidy and Gate Tax Exemption
Updated: Aug 14, 2020
In an unprecedented move, the Disneyland Resort called on Anaheim to end two policies that granted the corporation $267 million in bed-tax subsidies for a planned luxury hotel as well as a 45-year moratorium on any future entertainment taxes levied against it. The decision comes just days after Disney put plans for an eight-story, 700-room hotel on indefinite hold after city officials argued moving site plans to the west end of Downtown Disney legally nullified the subsidies.
Read more on my latest OC Weekly Navel Gazing Blog post:
https://www.ocweekly.com/disneyland-moves-to-cancel-267-million-hotel-subsidy