An Accommodation Business Improvement District (ABID) is a specific type of Business Improvement District (BID) focused on improving the area where accommodations, such as hotels, are located.
It operates similarly to a traditional BID, where property owners within a defined geographic area agree to pay a charge to fund services that can enhance the visitor experience and support accommodations.
Services could be marketing campaigns, enhanced public realm initiatives, securing large events and conferences to drive overnight stays.
Projects are funded through a supplementary charge per room, per night for guests, which is added to the accommodation cost.
If you would like to know more about Accommodation BIDs or are considering one for your area please get in touch at contact@britishbids.info