HomeMy WebLinkAbout2024-04-18 Bill 121 Tony Beliso From: tong beliso
To: LPCtestimonv
Subject: Annual Registration of TARs
Date: Thursday,April 18, 2024 8:50:43 AM
As I understand it, what is proposed is an annual registration fee of all unhosted TARS of$500.
It is obvious to me that the main thrust of the proposed legislation is to discourage additional
TARS in the hope that this will turn into a corresponding increase in permanent rental units.
I submit that this is speculation and must be balanced against the revenue and employment
gained by the County of Hawaii which I believe is significant.
One major factor that tourists prefer TARS is the exorbitant hotel rates even during low
season. Hawaii cannot count on hotel revenue taxed as a cash cow that will never end. There
is too much competition throughout the world where the U.S. dollar goes a lot further for
accommodation and amenities. For example countries in Asia like Japan and the Philippines,
where a truly 4 star hotel can be had for the price of a 3 star hotel here in Hawaii let alone a 4
star.
One suggestion that will help in contributing to a solution is to significantly decreasing the
approval time for the construction and renovation of homes.
Sincerely,
Tony Beliso