Business License for condo owners in Orange Beach raised over 50%
The Press Register reported that the City of Orange Beach has decided to raise condo owners business licenses. The price of the license hasn't seen a hoist since 2000, however, an Orange Beach and Gulf Shores travel and tourism report suggests that visitors to our area could hit 5M this year. Beach services and upkeep will need to be able to keep up with these numbers and raising the license fees will help add an additional $200k in revenue for the city.
The Baldwin county coast is in the lead for the gulf coast lodging/rentals market share according to recent Gulf Coast Convention and Visitors Bureaus reports. These numbers are likely a result of the combination of recent advertising campaigns as well as the "urge to get back to the beach" - since many beach vacationers felt forced to skip their beach trip last year, due to the BP oil spill.
Either way, hopefully our area condo owners will see the increased fee returned in their overall annual rental income and then some!
Read the whole article here: http://blog.al.com/live/2011/11/condo_owners_license_fees_rais.html