closeup of a businessman hand ringing silver service bell on hotel reception desk

Business tax proposal moves ahead in Palo Alto

Palo Alto profiting from unauthorized short-term rentals

By Ashlyn Rollins, Peninsula Press. Palo Alto is collecting taxes on Airbnb rentals in the city even as a zoning ordinance technically prohibits their operation in single-family residential districts. The city – which has collected between $800,000 and $1.6 million in transient occupancy taxes on Airbnb rentals in the past year, according to city officials … Read more

City to borrow $46 million, but incurring this debt won’t require voter approval

street and buildings in palo alto

By Elaine Goodman, Daily Post Correspondent. The Palo Alto City Council tonight (Oct. 15) will consider a plan for financing construction of a $45.8 million parking garage in the California Avenue district, using a process that doesn’t involve voter approval. Under the financing method, called Certificates of Participation, or COPs, the city would lease some … Read more

Hotel execs brace for battle against Measure E

3 board members working at a conference table

By Gennady Sheyner, Palo Alto Weekly. Stanford University’s graduation season typically brings flush times to the Cardinal Hotel, with guests booking rooms at the downtown Palo Alto hotel months in advance. Last year, however, the hotel’s general manager, Stephanie Wansek, witnessed a strange, new phenomenon: vacancies. This year, it happened again, Wansek told the Weekly. … Read more