Wednesday, July 21, 2021

Destinations Scavenge for New Funding Sources Amid Volatile Recovery

Stan Shebs / Wikimedia

Destination marketing organizations faced a brutal reality when their key source of funding — hotel taxes — got stripped in the pandemic. Stan Shebs / Wikimedia



Skift Take: Destination marketing organizations faced the ultimate agility test during the pandemic, with funding sources tied to hotel taxes stripped. It is a wake-up call to diversify finances and strategy to have some level of resilience for the next crisis.

— Cameron Sperance

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