Subsidy Tracker Individual Entry

Company: 
Hyatt Place Hotel
Parent Company: 
Hyatt Hotels
Subsidy Source: 
local
Location: 
Virginia
City: 
Fredericksburg
Year: 
2016
Major Industry of Parent: 
hotels
Specific Industry of Parent: 
hotels
Subsidy Value: 
$25,090
Program Name: 
Fredericksburg: Sales Tax Reduction
Awarding Agency: 
City of Fredericksburg
Type of Subsidy: 
tax credit/rebate
Number of Jobs or Training Slots: 
20
Capital Investment: 
$11,000,000
Source of Data: 

Direct from agency; not on web

Notes: 

Subsidy value is incentive value for year. Jobs is number of jobs created over subsidy period. 100% Reimbursement of 1% local sales tax and 1% state sales tax. $620,000 limit ($310,000 from city).

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.