Limited Dallas TPID COVID-19 stimulus plan reduces the ROI to 6.67:1 from 10:1 and
reduces room requirement to 10 rooms on peak for all hotels for events starting before
January 1, 2021, in an effort to increase the maximum eligible incentive.
The standard ROI of 10:1 and 10% inventory requirement will resume on January 1, 2021.
Actual Funding and Return on Investment:
- Your number of Hotel Room Nights as determined by pick-up report
- Multiplied by Contracted Hotel Rate to get Total Revenue
- For Events before 1/1/2021, divide Total Revenue by 6.67 for Maximum Dallas TPID Incentive (limited DTPID stimulus)
- For Events after 1/1/2021, divide Total Revenue by 10 for Maximum Dallas TPID Incentive
(Above number cannot exceed more than was initially approved)
When submitting this individual Hotel Incentive Application, signatories acknowledge the information contained herein as accurate and agree to review of all related event materials and final support documentation prior to DTPID payment.
If you have any questions, please contact Sheryl Budelier at (214) 571-1337 or Sheryl@dallastpid.com
Print this screen for your records before submitting. (Control+P or Command+P)