Monday, February 7, 2011

Marriott, Hilton against Disney, Universal in Expedia tax battle

Some of the biggest players within Florida’s $60 billion-a-year tourism industry are at odds in a battle over how online-travel companies such as Expedia Inc. and Orbitz Worldwide Inc. should be taxed.
One on side are hotel heavyweights such as Marriott International and Hilton Hotels & Resorts, which are out to eliminate what they contend is a competitive advantage the online companies have in selling hotel rooms.

Aligned with the Internet companies are theme-park giants Walt Disney World and Universal Orlando, motivated at least in part by concerns that requiring Expedia, Orbitz and others to absorb higher taxes could jeopardize a tax advantage the resorts themselves now have when selling vacation packages.

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