Encore hotel noted among five finest, most expensive five star hotels in area

Encore Everett is five stars!

By Josh Resnek

So what if the name Everett is never mentioned when the rankings of Boston’s finest five star hotels are announced from year to year.

That’s how it went last week when Boston’s five star hotels were announced and the Encore Hotel was one of them.

Of course, the Encore Hotel is in Everett but for the sake of sharing advertising rights to the finest distinction, the Everett Encore Hotel is considered a Boston hotel.

Boston and Massachusetts is the tourist draw, not Everett.

Who cares.

What’s in a name.

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Hotels are good business; an excise tax boom for City

By Josh Resnek

New hotels operating in Everett are the equivalent of a gusher in a Texas oil field contributing new untold riches to the city’s treasury, according to figures the state has released.

In the first quarter of the fiscal year 2020 (June to August 2019) Everett reported receiving more than $500,000 in excise taxes from room rentals at just too locations in the city.

On an annualized basis, that’s more than $2 million that the city might reasonably expect from excise taxes for hotel room rentals from the Envision Hotel on the Parkway and the Encore Boston Harbor Hotel at the casino.

In fact, Encore’s excise tax contributions are expected to be much larger as the business grows over the next two to three years.

It is impossible to predict what new lavish spending programs the mayor will use the added funds for.

The excise taxes also include additional revenues that added up to $255,000 for the quarter that comes from meals served by the casino’s restaurants in addition to other restaurant excise taxes that are nominally charged.

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