The Newport Beach City Council meeting last month was one to celebrate for Newport Beach & Company!
As many of you know, Newport Beach & Company is contracted as the city’s marketing arm to bring visitation to the destination. We are subsidized by a small percentage of the Transient Occupancy Tax (TOT) and Tourism Business Improvement District (TBID) tax, garnered from hotel room night stays.
Newport Beach & Company are pleased to announce, that as of January 28th, city officials have agreed to not only renew our contract, but extend the agreement for 10 years! In years past, the organization’s longest contract has been 5 years.
We would like to thank our City Council for the agreement and faith in our marketing and sales abilities. We also want to highlight the tremendous support our of Executive Committee members and our TBID hotel General Managers.
Lastly, we want to thank you, all of our community partners, for the continued support as we look ahead to 2024!
We share this victory with all of you!