Million or so less after paying ransom to the Monterey County Convention and Visitors Bureau and putting up more signs.
Well, who wants to pay over $200 to stay in one of these crusty inns?
I’m in favor of tearing these moldy tired hotels down and rebuilding but not increasing the room count. Cannery Row & Seaside are getting all the business.
In a small city with a lot of hotels, the decline in hotel tax is significant.
“It’s 19 percent of the general fund,” said Jim Becklenberg, Pacific Grove’s director of management and budget.
Pacific Grove hotel tax revenue dropped 14 percent in fiscal year 2008-09 from the previous year, less of a drop than the city was anticipating. Pacific Grove has “a relatively small reserve,” Becklenberg said.