NEWS UPDATE: BCTDA Takes Steps to Establish Independent Organization Read more here.
The Buncombe County Tourism Development Authority (BCTDA) is a quasi-governmental entity created by the room tax legislation first passed in 1983. The BCTDA oversees tourism marketing, sales and product development efforts and the expenditure of the county’s four percent occupancy tax revenues.
More than 3.3 million leisure visitors stay overnight in Buncombe County each year, accounting for more than $2.6 billion of the Buncombe County economy. These dollars go beyond the hospitality sector, reaching industries across our region and impacting the quality of our school systems.
The BCTDA, through the Tourism Product Development Fund (TPDF), has awarded more than $23 million to 27 community projects since 2001. One and a half percent of the six percent collected occupancy tax generates approximately $2.5 million of room tax revenue for the TPDF per year.