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How Guam hotels may get a new tax incentive

Hoteliers operating on Guam would be encouraged to give their facilities a facelift if the proposed fiscal 2023 budget for GovGuam, in its current form, becomes law.

Tony adaJim moylanChris duenasHotel qualifying certificateLou leon guerreroSpecial hotel qualifying certificateJoe san agustinPublic lawIlls and actsJim moylanPecial hotel qualifying certificate program

New hotels closer to 10-year tax break extension

Investors looking to build new hotel rooms are one step closer to getting a boost from GovGuam, following Friday’s legislative session.

Edward camachoNico fujikawaMelanie mendiolaJoanne brownDafne mansapit shimizuDepartment of revenueHotel qualifying certificateGuam economic development authority onJames moylanGuam economic development authorityTsubaki towerTaxation director dafne mansapit shimizuTourism industryGuam legislatureOvid 19 pandemic

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