A tourism public improvement district, or TPID, collects a 2% fee from room rates of participating hotels. In other words, hotel guests will pay for the TPID, not Frisco residents. The TPID fund will be used for marketing efforts and incentive packages to attract groups to Frisco.
More than a dozen hotels in Frisco would be eligible to participate in the TPID.
Visit Frisco, which is the city’s convention and visitors bureau, is beginning the process to get the TPID implemented and expects to begin collecting funds from hotels by next April, Visit Frisco Executive Director Marla Roe said.
Only a handful of Texas cities are authorized to have a TPID. The first city was Dallas in 2011.
