Product Development
The Tourism Product Development Fund (TPDF) is a tourism funding arm of the BCTDA. The occupancy tax rate in Buncombe County was increased from three cents to four cents in August 1, 2001. The additional cent generates approximately $1.6 million of room tax revenue per year, of which 100 percent is dedicated to the TPDF. The original three cent tax continues to be dedicated to out of market advertising. The purpose of the TPDF is to provide financial assistance for major tourism projects in order to substantially increase patronage of lodging facilities in Buncombe County.
For more information on the TPDF visit AshevilleCVB.com.